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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...

Joyce added: “I will just declare an interest – I haven’t.” But Joyce updated his parliamentary register of interests nearly three weeks later to disclose a new purchase related to his son, Sebastian, who turns three this month. The 16 March disclosure form stated: “Trust fund purchased shares in EOS (Electro Optic Systems Hldg Ltd).” EOS announced to the share market on Friday that it had achieved a major breakthrough in laser technology “which significantly advances the global effort to mitigate space debris”. It involves using laser beams “that ...

Hanwha Defense integrates Redback IFV with Spike ATGM and Iron First APS 16 March 2021 by Gabriel Dominguez Hanwha Defense Australia announced on 16 March that it has achieved the integration of two Israeli-made systems with its new Redback infantry fighting vehicle (IFV). The company said in a statement that integration of the Elbit Systems’ Iron Fist active protection system (APS) with the Redback was successfully demonstrated in late 2020, while several Spike LR2 anti-tank guided missiles – made by Rafael Advanced Defense Systems – were successfully test-fired from the IFV in early F...

Hypersonic and directed-energy weapons: Who has them, and who’s winning the race in the Asia-Pacific? Mike Yeo, Nigel Pittaway, Usman Ansari, Vivek Raghuvanshi and Chris Martin March 15 Photo credit: Imaginima/Getty Images MELBOURNE, Australia, ISLAMABAD, NEW DELHI, and WASHINGTON — A number of countries in the Asia-Pacific region are caught up in the global hypersonic and directed-energy weapons race, with these regional powers having either developed or publicly stated intentions to develop such technology. Defense News has contacted regional government and military officials, busine...

Here’s why the Electro Optic (ASX:EOS) share price jumped 19% today Nikhil Gangaram | March 1, 2021 4:47pm | More on: The Electro Optic Systems Holdings Ltd(ASX: EOS) share price has surged nearly 19% in today’s trading session. By the market’s close, the Electro Optic share price was trading at $5.29.   Let’s take a look at what’s been happening for the defence and aerospace company. What fuelled the Electro Optic share price today? Apart from a Change of Directors Interest notice, Electro Optic did not release any highly sensitive news today. As a result, we can only posit tha...