EOS 1.54% $1.28 electro optic systems holdings limited

Exciting. If it were to come to fruition. I wonder how it will...

  1. 19 Posts.
    Exciting. If it were to come to fruition. I wonder how it will compare to coming 5G, as this is set to be a significant leap from current systems.

    The Verge
    comments: “The business risk of building such a network is substantial. The constellations will cost at least 6 billion dollars, with costs growing as each project scales up. With the constellations at least five years away from operation, many observers think it’s unlikely all three companies will go the distance, with funding and regulatory support consolidating around the likely winner. If the resulting winner becomes an integral part of the cellular network, it’s easy to envision making that money back — but it’s just as easy to imagine the whole thing spiraling into bankruptcy before reaching the finish line.”

    Interesting to read the comments on the article also. Some fearing the potential for increase space junk, and others challenging the fear of too many satellites;

    "Think of telephone poles – how many there are and how we mostly can drive all the cars in the world without hitting one. Space junk is no doubt a really big problem, but rather low earth orbits are much more easily accessible nowadays for insertions. Only about an order of magnitude or so higher than high altitude balloons. The artwork accompanying this article is misrepresentative (if earth were that size, the satellites would be microscopic.) It is possible that these satellites could be made serviceable, retrievable, even self-re-landable (think drones in space)."
 
watchlist Created with Sketch. Add EOS (ASX) to my watchlist
(20min delay)
Last
$1.28
Change
-0.020(1.54%)
Mkt cap ! $271.0M
Open High Low Value Volume
$1.30 $1.32 $1.27 $1.122M 873.1K

Buyers (Bids)

No. Vol. Price($)
1 1600 $1.27
 

Sellers (Offers)

Price($) Vol. No.
$1.28 7938 3
View Market Depth
Last trade - 16.10pm 08/11/2024 (20 minute delay) ?
EOS (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.