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.