FINWIRES · TerminalLIVE
FINWIRES

ASX:EOS

23 stories mentioning ASX:EOSUpdated 3d ago

Every FINWIRES story that references ASX:EOS, newest first.

Asia

Electro Optic Systems Raises 2026 Base Business Revenue Outlook; Shares Gain 7%

Electro Optic Systems Holdings (ASX:EOS) now expects full-year 2026 revenue for its base business of AU$280 million to AU$300 million, according to a Monday filing with the Australian bourse.In June, the company guided for 2026 base business revenue of AU$240 million to AU$270 million, an earlier filing showed.The forecasts exclude the MARSS business, a Europe-based provider of AI-enabled command and control systems that Electro Optic Systems acquired earlier this year.The company said its unaudited revenue for the first half was about AU$169 million, a 284% increase from the same period a year earlier as ongoing conflicts and regional tensions supported demand for its defense products.Electro Optic Systems ended June with an order book of AU$846 million, the highest level in its history and up 84% from Dec. 31, 2025. The company expects underlying earnings before interest, taxes, depreciation, and amortization to be positive for the first half.Its shares advanced 7% in recent Monday trade.

ASX:EOS
Asia

ASX Biggest Losers

Here are the ASX-listed companies with the biggest losses on Friday.Electro Optic Systems Holdings (ASX:EOS): -6%, AU$8.38Pro Medicus (ASX:PME): -5%, AU$199.56Tamboran Resources (ASX:TBN): -4%, AU$0.23Elevra Lithium (ASX:ELV): -4%, AU$8.67Austal (ASX:ASB): -4%, AU$3.77EVT (ASX:EVT): -3%, AU$12.33Telix Pharmaceuticals (ASX:TLX): -3%, AU$16.36Marimaca Copper (ASX:MC2): -3%, AU$7.51SiteMinder (ASX:SDR): -3%, AU$3.79Codan (ASX:CDA): -3%, AU$43.25

ASX 200ASX:ASBASX:CDAASX:ELVASX:EOSASX:EVTASX:MC2ASX:PMEASX:SDRASX:TBNASX:TLX
Asia

Electro Optic Systems Says Late Appendix 3Y Filing Due to Administrative Oversight

Electro Optic Systems Holdings (ASX:EOS) said it was late in filing an Appendix 3Y related to CEO Andreas Schwer due to an "administrative oversight," according to a Friday notice filed with the Australian bourse on Monday.The Appendix 3Y, related to a change in Schwer's interest in the company, was filed late on July 1 in what Electro Optic Systems described as "an isolated incident."The company issued the Monday statement in response to a query from the ASX, saying that it continues to target timely compliance with listing rules.

ASX:EOS
Asia

Update: Electro Optic Systems Secures AU$38 Million in New Orders for Naval Weapon System, Counter-Drone Defense; Shares Up 5%

(Updates to add stock movement in the headline and the last paragraph)Electro Optic Systems (ASX:EOS) secured new orders worth a total of about AU$38 million, including an about AU$23 million order for its Naval R400 remote weapon system (RWS) to be supplied to a new customer in the Middle East, according to a Thursday Australian bourse filing.The company said the Naval R400 order includes the RWS, cannon, training, and other supplies, with the systems expected to be delivered over the next seven years in line with the relevant ship delivery program.EOS's MARSS command and control business also secured an around AU$15 million order from an existing Middle East customer for counter-drone defense, expected to be mostly delivered in 2026 to 2027, with formal novation of the contract to EOS expected within the year, subject to applicable processes and customer consents, it added.The company's shares rose 5% in recent Thursday trade.

ASX:EOS
Asia

Electro Optic Systems Secures AU$38 Million in New Orders for Naval Weapon System, Counter-Drone Defense

Electro Optic Systems(ASX:EOS) secured new orders worth a total of about AU$38 million, including an about AU$23 million order for its Naval R400 remote weapon system (RWS) to be supplied to a new customer in the Middle East, according to a Thursday Australian bourse filing.The company said the Naval R400 order includes the RWS, cannon, training, and other supplies, with the systems expected to be delivered over the next seven years in line with the relevant ship delivery program.EOS's MARSS command and control business also secured an around AU$15 million order from an existing Middle East customer for counter-drone defense, expected to be mostly delivered in 2026 to 2027, with formal novation of the contract to EOS expected within the year, subject to applicable processes and customer consents, it added.

ASX:EOS
Asia

Australian Shares Decline; BHP Group Lifts Canada Potash Project Cost to Nearly $7 Billion

Australian shares retreated further on Friday, even as oil tankers began to move around the Strait of Hormuz after a peace deal signed between the US and Iran.The S&P/ASX 200 Index dropped 0.92%, or 82.40 points, to close at 8,828.70.On Wall Street, the Nasdaq Composite rose 1.9%, and the S&P 500 was up 1.1%.Brent crude oil futures traded around $79 per barrel. Meanwhile, US Vice President JD Vance cancelled a planned trip to meet Iranian negotiators in Switzerland on Friday. The Swiss Foreign Ministry confirmed the planned talks will not take place.In company news, BHP Group (ASX:BHP) increased the estimated investment for its Jansen stage two potash project to $6.9 billion from $4.9 billion after a detailed cost and schedule review, delaying first production by two years to late fiscal 2031. Shares fell 5% on market close.SkyCity Entertainment Group (ASX:SKC, NZE:SKC) and SkyCity Adelaide entered into a nonbinding heads of agreement with the Commissioner for Liquor and Gambling in South Australia, which provides for a total fine of AU$21 million. Its shares gained 15% on close.Lastly, Electro Optic Systems Holdings (ASX:EOS) said it has secured an order of about AU$175 million for its Slinger Counter-Drone remote weapon system (RWS) to be supplied to Generation 5 Holding, with systems to be manufactured in Australia and the UAE and delivered during 2027 and 2028. Its shares closed 14% higher.

ASX 200ASX:BHPASX:EOSASX:SKCNZE:SKC
Asia

Update: Electro Optic Systems Secures AU$175 Million Slinger Counter-Drone Order, Enters JV With Generation 5; Shares Jump 13%

(Update to add stock movement in the headline and the sixth paragraph)Electro Optic Systems Holdings (ASX:EOS) said it has secured an order of about AU$175 million for its Slinger Counter-Drone remote weapon system (RWS) to be supplied to Generation 5 Holding (Gen5), with systems to be manufactured in Australia and the UAE and delivered during 2027 and 2028, according to a Friday Australian bourse filing.The company said the order includes the RWS, cannon, spares, training, and other supplies, intended to strengthen defence systems amid ongoing regional tensions in the Middle East,Gen5 is a wholly UAE-owned provider of defence equipment, technology, and services, headquartered in Abu Dhabi, the filing added.EOS and Gen5 have entered into a binding, conditional joint venture shareholders agreement to establish a 50/50 joint venture based in Abu Dhabi, covering the development and manufacturing of a next generation 200-300 kilowatt high energy laser weapon (HELW), the manufacturing of EOS's existing 100-150 kilowatt HELW in the UAE and other Middle East and North Africa countries, and the manufacturing of certain existing EOS remote weapon systems in the region, the filing added.Under the key terms, Gen5 is obligated to contribute $40 million of equity to the joint venture, with both parties to use reasonable endeavors to secure a minimum $250 million order within 12 months for the development of the 200-300 kilowatt HELW product family, subject to customary commercial terms, with the joint venture expected to start contributing to EOS results from 2027 or 2028, it added.Its shares jumped 13% in recent trading on Friday.

ASX:EOS
Asia

Electro Optic Systems Secures AU$175 Million Slinger Counter-Drone Order, Enters JV With Generation 5

Electro Optic Systems Holdings (ASX:EOS) said it has secured an order of about AU$175 million for its Slinger Counter-Drone remote weapon system (RWS) to be supplied to Generation 5 Holding (Gen5), with systems to be manufactured in Australia and the UAE and delivered during 2027 and 2028, according to a Friday Australian bourse filing.The company said the order includes the RWS, cannon, spares, training, and other supplies, intended to strengthen defence systems amid ongoing regional tensions in the Middle East,Gen5 is a wholly UAE-owned provider of defence equipment, technology, and services, headquartered in Abu Dhabi, the filing added.EOS and Gen5 have entered into a binding, conditional joint venture shareholders agreement to establish a 50/50 joint venture based in Abu Dhabi, covering the development and manufacturing of a next generation 200-300 kilowatt high energy laser weapon (HELW), the manufacturing of EOS's existing 100-150 kilowatt HELW in the UAE and other Middle East and North Africa countries, and the manufacturing of certain existing EOS remote weapon systems in the region, the filing added.Under the key terms, Gen5 is obligated to contribute $40 million of equity to the joint venture, with both parties to use reasonable endeavors to secure a minimum $250 million order within 12 months for the development of the 200-300 kilowatt HELW product family, subject to customary commercial terms, with the joint venture expected to start contributing to EOS results from 2027 or 2028, it added.

ASX:EOS
Asia

Electro Optic Systems Requests Trading Halt Pending Disclosure Related to Weapon Sales, Joint Venture

Electro Optic Systems Holdings (ASX:EOS) requested an immediate trading halt on the Australian Securities Exchange pending disclosures related to the sale of remote weapon systems and a contract to set up a joint venture, according to a Thursday filing with the bourse.The company expects its securities to remain in a trading halt until either the start of trading on June 22 or the release of the market disclosure, whichever happens earlier.

ASX:EOS
Asia

Electro Optic Systems Says MARSS Selected by BAE Systems for Counter-Drone C2 Role

Electro Optic Systems Holdings (ASX:EOS) said that its command and control (C2) business MARSS has been selected by BAE Systems as the C2 provider for its anti-threat system, according to a Wednesday Australian bourse filing.MARSS's artificial intelligence-driven NiDAR platform will serve as the central nerve center, integrating sensors and effectors across BAE Systems' global counter-unmanned aerial systems (CUAS) architecture to accelerate the detection, classification, and neutralization of threats, per the filing.MARSS will supply software licensing along with technical support to assist BAE Systems in its CUAS demonstrations and deployments, the filing added.

ASX:EOS
Asia

Electro Optic Systems Secures AU$7 Million Order, Expects 2026 Revenue of Up to AU$270 Million; Shares Down 3%

Electro Optic Systems Holdings (ASX:EOS) said it has secured a AU$7 million order with L3Harris in the US for integration into a counter-drone weapon system, with the product to be manufactured in Australia and the order expected to be fulfilled during 2026, according to a Monday Australian bourse filing.The company said ongoing conflicts in the Middle East and Europe have kept enquiry levels for EOS products elevated, including for remote weapon systems (RWS) and high energy laser weapons.The company said it expects full-year 2026 revenue for its base business, excluding the newly acquired MARSS business, to be in the range of AU$240 million to AU$270 million, with the timing of revenue recognition of MARSS contracts still being assessed and a further update expected within about two months.Electro Optic Systems will this week conduct a market launch of the combined EOS and MARSS business at the Eurosatory Defence and Security Exhibition in Paris, it added.The company's shares fell almost 3% in recent Monday trade.

ASX:EOS
Asia

Electro Optic Systems Completes Share Purchase Plan; Shares Up 4%

Electro Optic Systems (ASX:EOS) completed its share purchase plan (SPP), with the company receiving valid applications of AU$95 million from 4,909 eligible shareholders, exceeding the AU$25 million target, according to a Friday filing with the Australian bourse.The board decided to accept AU$40 million in SPP applications following strong demand, the filing said.Roughly 5 million new shares will be issued to eligible shareholders at AU$8 a piece under the SPP.The SPP was undertaken in conjunction with the AU$150 million institutional placement and the further AU$40 million strategic placement disclosed in May, per the filing.Shares rose 4% in morning trade on Friday.

ASX:EOS
Asia

Elevra Lithium, Electro Optic Systems and Others Join S&P/ASX 200 Index

Elevra Lithium (ASX:ELV), Electro Optic Systems (ASX:EOS), FireFly Metals (ASX:FFM), Kingsgate Consolidated (ASX:KCN), and Minerals 260 (ASX:MI6) joined the S&P/ASX 200 Index before trading began on Monday, S&P Dow Jones Indices reported Friday.Meanwhile, Guzman Y Gomez (ASX:GYG), IDP Education (ASX:IEL), SiteMinder (ASX:SDR), Temple & Webster (ASX:TPW) and WEB Travel (ASX:WEB) were removed from the index as part of the rebalancing.

ASX:ELVASX:EOSASX:FFMASX:GYGASX:IELASX:KCNASX:MI6ASX:SDRASX:TPWASX:WEB
Asia

ASX Biggest Gainers

Here are the ASX-listed companies with the biggest gains on Friday.Electro Optic Systems (ASX:EOS): +15%, AU$11Elsight (ASX:ELS): +13%, AU$7.184DMedical (ASX:4DX): +12%, AU$3.74Judocapitol FP (ASX:JDO): +11%, AU$1.54Flight Centre Travel Group (ASX:FLT): +8%, AU$10.96West African Resources (ASX:WAF): +8%, AU$3.19Lindian Resources (ASX:LIN): +8%, AU$0.83Ora Banda Mining (ASX:OBM): +7%, AU$1.36Vulcan Energy Resources (ASX:VUL): +7%, AU$3.89Westgold Resources (ASX:WGX): +6%, AU$5.18

ASX 200ASX:4DXASX:ELSASX:EOSASX:FLTASX:JDOASX:LINASX:OBMASX:VULASX:WAFASX:WGX
Asia

Electro Optic Systems Launches AU$25 Million Share Purchase Plan

Electro Optic Systems Holdings (ASX:EOS) launched a share purchase plan initially capped at AU$25 million, according to a Monday filing with the Australian bourse.The plan allows eligible shareholders to apply for up to AU$30,000 worth of new shares priced at AU$8 apiece, per the filing.Proceeds will be used to fund the upfront consideration for its acquisition of autonomous vehicle technology firm MARSS.Shares of Electro Optic Systems fell 3% in recent Monday trade.

ASX:EOS
Asia

Electro Optic Systems Holdings Completes Acquisition Of MARSS Business

Electro Optic Systems Holdings (ASX:EOS) completed the acquisition of the MARSS business, according to a Thursday Australian bourse filing.MARSS' NiDAR command and control systems are used to detect, track, and defeat drone attacks. The firm made an upfront payment of $36 million for MARSS.

ASX:EOS
Asia

Australian Shares Fall; James Hardie Industries Posts Lower Fiscal Q4 Adjusted Earnings, Higher Net Sales

Australian shares again fell on Wednesday as a sell-off in bonds intensified amid rising concerns over inflation.The S&P/ASX 200 Index rose 1.26%, or 108.10 points, to close at 8,496.60.Brent crude oil futures were trading above $110 per barrel. Two Chinese tankers filled with oil exited the Strait of Hormuz on Wednesday, Reuters reported, citing shipping data.The US 30-year treasuries yield rose to 5.2%, the highest level since 2007. The Australian government 15-year bond yield was at 5.29 %, the highest level since 2011.On the domestic front, employers in Australia paid a total of AU$110.56 billion in wages and salaries for 15.5 million jobs in March, an increase of 1.4% from AU$109.07 billion in February, according to data from the Australian Bureau of Statistics.The United Nations lowered its 2026 growth forecast for the Australian economy to 2% as the country's demand‐led recovery is now under pressure from the energy supply shock created by the Middle East conflict, according to the mid-year update of the body's World Economic Situation and Prospects report.In company news, James Hardie Industries (ASX:JHX) reported fiscal fourth quarter adjusted earnings of $0.30 per share, down from $0.36 a year earlier. Net sales for the three months ended March 31 was $1.4 billion, compared with $971.5 million a year earlier. Its shares were down nearly 1% on market close.Electro Optic Systems Holdings (ASX:EOS) said it has completed a fully underwritten institutional placement of about 18.8 million new fully paid ordinary shares at AU$8 per share, raising AU$150 million from existing and new institutional investors. Its shares fell 10% on market close.Lastly, Webjet (ASX:WJL) said its wholly owned subsidiary Webjet Marketing has received written notice from Virgin Australia Holdings (ASX:VGN) advising of changes to their existing agency and ancillary commercial arrangements. Virgin has advised that from July 1 it will significantly reduce these commission payments and broader commercial terms. Its shares plunged 11% on market close.

ASX 200ASX:EOSASX:JHXASX:WJL
Asia

Electro Optic Systems Holdings Completes AU$150 Million Institutional Placement at AU$8.00 Per Share

Electro Optic Systems Holdings (ASX:EOS) said it has completed a fully underwritten institutional placement of about 18.8 million new fully paid ordinary shares at AU$8 per share, raising AU$150 million from existing and new institutional investors, according to a Wednesday Australian bourse filing.The placement price represents a 9.3% discount to the last traded price of AU$8 on May 15, with the company also receiving a commitment from Generation 5 Holding and another defence-focused institutional investor to subscribe for a total of AU$40 million in shares at the same price under a strategic placement subject to shareholder approval, the filing added.EOS is also undertaking a non-underwritten share purchase plan (SPP) targeting up to AU$25 million, providing eligible shareholders the opportunity to apply for up to AU$30,000 worth of new shares at the same price as that of the placement, the filing added.Proceeds from the institutional placement, strategic placement, and SPP, together with a secured term loan facility from Washington H. Soul Pattinson will be used to fund the upfront payment for the MARSS acquisition and to pursue growth opportunities, it added.

ASX:EOS
Asia

Electro Optic Systems Holdings Seeks to Raise Up to AU$175 Million Via Capital Raising

Electro Optic Systems Holdings (ASX:EOS) launched a capital raising of up to AU$175 million via a fully-underwritten AU$150 million institutional placement and a non-underwritten share purchase plan to raise up to AU$25 million, according to a Monday Australian bourse filing.The placement will result in the issue of around 18.8 million new shares to institutional investors at AU$8 apiece.After the completion of the placement, the company will offer eligible existing shareholders the opportunity to apply for up to AU$30,000 worth of new shares under the share purchase plan. The firm added that it reserved the right to accept applications from eligible shareholders in excess of AU$25 million or to scale back applications that exceed that amount.The proceeds are expected to fund the upfront consideration of the MARSS acquisition, provide working capital flexibility, and accelerate commercialization of new products, per the filing.The company's securities were placed in a trading halt from the commencement of trading on Monday at its request, pending the announcement of the equity raising and to allow the "placement to take place in an orderly fashion."

ASX:EOS
Asia

Australian Shares Flat; Electro Optic Systems Amends Terms for Acquisition of MARSS Group Assets

Australian shares receded on Friday as ⁠US Treasury yields rose to the highest level in nearly a year.The S&P/ASX 200 Index was little changed to close at 8,630.80.Brent crude oil futures climbed to around $107 per barrel as the Strait of Hormuz remained closed. Copper prices retreated from a record high, while gold prices fell towards $4,600 per ounce.The 30-year US Treasury yield rose to 5.067%, the highest since July 2025, Reuters reported.On the domestic front, trimmed mean inflation in Australia is forecast to have risen 0.3% month-over-month in April, which would see annual growth accelerate to 3.4% and three-month annualized growth around 3.2%, ANZ said.Headline inflation is likely to have risen 0.5% month-over-month, or 4.3% on an annual basis.In company news, Electro Optic Systems Holdings (ASX:EOS) agreed revised agreement terms for its acquisition of the assets of the MARSS group business. The upfront payment of $36 million for MARSS will be made on Friday, and the receipt of the funds by the MARSS vendors and the completion of the acquisition are expected in the coming days. Its shares rose 3% on market close.ClearView Wealth (ASX:CVW) said the Australian Competition and Consumer Commission (ACCC) ruled that the proposed acquisition of all of its shares by Zurich Financial Services Australia through a members' scheme of arrangement may be put into effect. Its shares closed up 1%.Lastly, Alkane Resources (ASX:ALK) reported fiscal third-quarter earnings of AU$0.0675 per share, up from AU$0.0132 a year earlier. Revenue for the three months ended March 31 was AU$274.4 million, compared with AU$63.2 million a year earlier. Its shares fell 3% on market close.

ASX 200ASX:ALKASX:CVWASX:EOS

Showing 1-20 of 23

Track with the FINWIRES app suite

FolioX
FolioX
Track ASX:EOS in your portfolio
WheelAI
WheelAI
Analyze ASX:EOS options with the wheel strategy
StockInsider
StockInsider
See market sentiment on ASX:EOS