Electro Optic Systems Holdings (EOS) Earnings Call Presentation

Market Drivers & Trends - Drone warfare is driving an urgent market need for counter-drone solutions[2,7] - The rapid rise of drones has changed the battlefield, with offense currently in the ascendant[13] - Effective counter-drone strategies require a layered response, with EOS products playing a complementary role[14] - High Energy Laser Weapons (HELW) meet many requirements for drone swarm defense, offering accuracy, speed, economy, and coverage[19] EOS's High Energy Laser Weapon (HELW) - EOS has signed a €71.4 million (~A$125 million) contract with a European customer for a 100-kW high energy laser system[4] - The 100kW system contract includes container module, laser modules, beam director and management system, system integration, documentation and support, power and cooling[36] - The system will be delivered over three years from EOS' facilities in Singapore[4] - EOS' main commercial focus is presently the 30-150kW power class of HELW[19] - Key technology is wholly owned by EOS, ITAR-free (no US content)[29] Competitive Landscape & Growth - The US market is dominated by large local primes, with >US$1 billion spend per annum on laser weapons[22] - EOS sees well-funded and growing customer interest in the European, Middle East & APAC markets for non-ITAR/non-US products[22] - EOS believes it has significant competitive advantages in laser weapons due to its expertise across multiple technically complex subsystems[22]