Electro Optic Systems (ASX:EOS) launches into U.S. space market
- Electro Optic Systems (EOS) is on track to acquire all of the business and assets in space communication company Audacy Corporation
- Through its subsidiary, EOS will spend $10 million on the purchase and costs associated with securing mandatory U.S. licences
- However, the transfer of control is subject to review and approval by the U.S. Federal Communications Commission
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