EOS 1.54% $1.28 electro optic systems holdings limited

quick money, page-26

  1. 475 Posts.
    They are currently tracking data and have for the last 5 or so years, however with just one telescope in Canberra. There second one will be complete in September and a third one by mid next year approx. they are in the negotiation stage now re large government l assume, tracking contracts. He said the aust gov had allocated more than 1 billion dollars for space situational awareness, which Eos will likely play a large part, given only operator in this space.
    Eos has no more to spend given Lockheed are now funding it. Eos by years end will be basically the only commercial debris tracker in the world. Incredible really and a really good story. These guys were originally with the csiro about 15 yrs ago. Really smart guys and stock still caps at less than 100 mill, with cash of $10 mill and no debt.
 
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