NEW MIDDLE EAST COUNTER DRONE ORDER (US$16M)
Released
Released
Announcement PDF
9 November 2026
ASX RELEASE
NEW MIDDLE EAST COUNTER DRONE ORDER (US$16M)
Electro Optic Systems Holdings Limited (“EOS” or the “Company”) (ASX:EOS) announces that it
has secured a new order (the “Contract”) for counter-drone defence systems with the Armed
Forces of a Middle Eastern nation state valued at US$16 million (approximately A$23 million).
The Contract is the first sale by EOS or MARSS to the country concerned. As is typical for an
initial sale the value of the contract is modest, with this Contract envisaging systems to protect
strategically important sites. The contract includes a number of sensor systems, soft-kill
effectors and command facilities with the MARSS NiDAR C2 system at its core. The Contract
is expected to be substantially delivered in the next 12 months. In the past, initial contracts
such as these have, in other countries, sometimes led to larger contracts in due course. There
is no guarantee that this will occur.
EOS CEO Dr. Andreas Schwer said “it is pleasing to see the MARSS business continue to be
recognised for its leading counter-drone capabilities and this contract represents further
evidence of the demand for these types of systems in the region”.
This document was authorised for release by the EOS Board of Directors.
DR. ANDREAS SCHWER
Managing Director and Chief Executive Officer
ir@eos-aus.com
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ABOUT ELECTRO OPTIC SYSTEMS
(ASX: EOS)
EOS currently 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), fully integrated and modular counter-UAS and C2 and C4 systems. C2 Systems include
Command and Control Systems such as MARSS’ software-led counter-drone and critical infrastructure
protection capabilities, centred on the NiDAR platform.
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 domain awareness, space
control and in the design, manufacture and deployment of telescopes, high energy lasers, and
observatory equipment.
EOS CUSTOMER IDENTITIES
EOS deals with a number of customers in the defence and security industries and in some instances 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.
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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