New Middle East Counter Drone Order (US$16M)

November 09, 2026

Electro Optic Systems Holdings Limited (“EOS” or the “Company”) (ASX) announces that it has secured a new order (the “Contract”) for counter-drone defence systems with the Armed Forces of a Middle Eastern nation state valued at US$16 million (approximately A$23 million).

The Contract is the first sale by EOS or MARSS to the country concerned. As is typical for an initial sale the value of the contract is modest, with this Contract envisaging systems to protect strategically important sites. The contract includes a number of sensor systems, soft-kill effectors and command facilities with the MARSS NiDAR C2 system at its core. The Contract is expected to be substantially delivered in the next 12 months. In the past, initial contracts such as these have, in other countries, sometimes led to larger contracts in due course. There is no guarantee that this will occur.

EOS CEO Dr. Andreas Schwer said “it is pleasing to see the MARSS business continue to be recognised for its leading counter-drone capabilities and this contract represents further evidence of the demand for these types of systems in the region”.

Source : Electro Optic Systems Holdings Limited (EOS)