EOS 1.54% $1.28 electro optic systems holdings limited

quick money, page-15

  1. 475 Posts.
    AGM was very positive.
    You could tell they were trying to keep a lid on it a bit.

    Weapons business has a number of very large contracts in play, including an Aust Army one.

    Space build out is on trck with the secod site to be fully tested and operational by years end. 3rd site in train also.
    They talked of signing long term data contracts to large "customers" of durations of up to 10 yrs. These telescope will be automated also, meaning no full time staff basically. They are looking to expand into Europe India etc over the next few yrs. They said most of their contracts will "not be $A denominated", which will be nice if the $A falls away over the next few yrs. I.E All the satelite operators are largely based in the US.

    Overall a really positive AGM.
 
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