Electro Optic Systems Holdings Limited (ASX: EOS) has secured two contracts totalling A$4.25 million for the supply of R400 Remote Weapon Systems (RWS) to a European NATO country.
A number of these systems are optimised for integration onto Remotely Operated Combat Vehicles (ROCV’s) and include the remote control units to operate the systems. Both contracts will be delivered this calendar year.
Group CEO, Dr Ben Greene, said EOS RWS products are well suited to the emerging market for ROCV’s because of their market leading accuracy, reliability and light weight.
The company is participating in a number of tender opportunities for ROCV capabilities across multiple countries with a sales pipeline in excess of A$1 billion.
Dr Greene said major awards are possible in the next 12 months.
EOS operates in three sectors: defence, space and communications.
- EOS Defence Systems specialises in technology for weapon systems optimisation and integration, as well as ISR (Intelligence, Surveillance and Reconnaissance) for land warfare. Its key products are next-generation remote weapon systems, vehicle turrets and counter-UAS systems.
- EOS Space Systems specialises in applying EOS-developed optical sensors to detect, track, classify and characterise objects in space. This information has both military and commercial applications, including managing space assets to avoid collisions with space debris, missile defence, space control and space protection.
- EOS Communications Systems provides global satellite communications services and systems. It specialises in innovative optical, microwave and on-the-move radio and satellite solutions that deliver high