Article

Electro Optic Systems (ASX:EOS) reported a 238% increase in its order book to $459 million as of the end of 2025, driven by a strategic pivot to anti-drone technologies. Revenue for 2025 fell 27% to $128.5 million, impacted by the sale of EM Solutions and order delays.

The company achieved a gross margin improvement to 63% from 48%. Notable contracts included €53 million for anti-drone systems and $71.4 million for high-energy laser weapons. EOS expects to convert 40-50% of its order book into revenue in 2026. The company has expanded operations in Europe and secured strategic partnerships to enhance its market position.