Why the Electro Optic Systems (ASX:EOS) share price is charging 5% higher
James Mickleboro | April 9, 2021 10:10am |
More on:
Electro Optic Systems Hldg Ltd(ASX: EOS) share price is pushing higher on Friday morning.
In early trade, the space, defence, and communication systems provider’s shares are up over 5% to $5.69.
Why is the Electro Optic
Systems share price on the rise?
Investors have been buying Electro Optic Systems shares after it announced a major breakthrough in laser technology this morning.
According to the release, the company has significantly advanced the global effort to mitigate space debris through its Guide Laser technology.