NEW SLINGER COUNTER-DRONE ORDER (A$20M) AND BACKLOG UPDATE
Released
Released
Announcement PDF
17 November 2025
ASX RELEASE
NEW SLINGER COUNTER-DRONE ORDER (A$20M)
AND BACKLOG UPDATE
NEW SLINGER COUNTER-DRONE ORDER (A$20M)
Electro Optic Systems Holdings Limited (“EOS” or the “Company”) (ASX:EOS) today announces
that it has secured a new order for its Slinger Counter-Drone Remote Weapon Systems (“RWS”)
amounting to €11.4m or approximately A$20m. The order is with a Western European NATO
country.
The systems are intended to address urgent operational requirements and delivery is expected
to occur within the next six months. Most of the incremental revenue from this order is
expected to arise during 2026. The order includes RWS, spare parts, training and other items.
In recent months the drone threat to Western European countries has been increasing. This
order demonstrates that EOS’ flagship Slinger Counter-Drone RWS is a product of choice for
kinetic counter-drone weapon systems.
CONTRACT BACKLOG
In addition to the above, EOS has previously announced several new secured orders during
2025, including those detailed below:
Announced Product Customer Detail A$m
19 May 2025 Slinger Counter-Drone RWS Western Europe 53
5 Aug 2025 High Energy Laser Weapon European NATO 125
22 Aug 2025 Space Capability Australia 11
6 Oct 2025 R400 RWS for LAND 400-3 Australia 108
As a result of securing new orders the unconditional Contract Backlog as at the date of this
announcement is over $400m. This is almost 3 times higher than at 31 December 2024.
Based on existing customer requirements and current production schedules, EOS currently
expects most of the Contract Backlog to be converted into revenue during 2026 and 2027.
In addition to the above Contract Backlog of secured orders, EOS has an extensive pipeline of
sales opportunities (see Investor Presentation released on 22 August 2025 for details). EOS
continues to work to convert these pipeline opportunities to signed contracts. There is no
guarantee that any pipeline opportunities will be realised in the form of binding sales contracts.
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This announcement has been authorised for release to the ASX by the Board of Directors of
the Company.
Further information:
DR. ANDREAS SCHWER
Managing Director and Chief Executive Officer
ir@eos-aus.com
Questions relating to this announcement can be posted on our Investor Hub at the link below:
https://investorhub.eos-aus.com/link/r6V8Xr
Page 3 of 3
EOS CUSTOMER IDENTITIES
EOS deals with a number of customers in the defence and security industries and has not disclosed the
identity of all of these customers in this announcement. EOS confirms that:
→ it does not consider the identity of such customers to be information that a reasonable person would
expect to have a material effect on the price or value of EOS securities; and
→ this announcement contains all material information relevant to assessing the impact of the matters
referred to in this announcement on the price or value of EOS securities and is not misleading by
omission.
ABOUT ELECTRO OPTIC SYSTEMS
(ASX: EOS)
EOS operates in two divisions
DEFENCE SYSTEMS
Defence Systems specialises in technology for weapon systems optimisation and integration, as well
as ISR (Intelligence, Surveillance and Reconnaissance) and C4 systems for land warfare. Its key
products include next-generation remote weapon systems, vehicle turrets, high-energy laser weapons
(directed energy), as well as fully integrated and modular counter-UAS and C4 systems.
SPACE SYSTEMS
Space Systems specialises in applying EOS-developed optical sensors and effectors to detect, track
and characterise objects in space. It includes capabilities in the domain of space control.
FORWARD LOOKING STATEMENTS
This announcement may contain certain "forward-looking statements" including statements regarding EOS' intent, belief or current
expectations with respect to EOS' business and operations, market conditions, results of operations, financial condition, and risk
management practices. The words "likely", "expect", "aim", "should", "could", "may", "anticipate", "predict", "believe", "plan" and other
similar expressions are intended to identify forward-looking statements. Indications of, and guidance on, future earnings, financial
position and performance, establishment costs and capital requirements are also forward-looking statements.
Forward-looking statements including projections, guidance on future earnings and estimates are provided as a general guide only
and should not be relied upon as an indication or guarantee of future performance.
This announcement may contain such statements that are subject to risk factors associated with an investment in EOS. Forward-
looking statements involve known and unknown risks, uncertainties and assumptions and other important factors that could cause
the actual results, performances or achievements of EOS to be materially different from future results, performances or
achievements expressed or implied by such statements.
Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of this
announcement
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