Electro Optic Systems Reports 238% Surge in Orders Amid Strategic Shift to Anti-Drone Technologies
Electro Optic Systems (ASX:EOS) reported a 238% increase in its order book, reaching $459 million, despite a 27% revenue decline to $128.5 million in 2025. The company, transitioning under a three-year recovery program, emphasized its new focus as 'The Counter Drone Company.' Key contracts include a €53 million anti-drone order from a European client and a $71.4 million laser weapon export contract. EOS aims to achieve 40-50% of its current order book as revenue in 2026, projecting $180-$230 million in revenue for the upcoming year.
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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.
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