Original title: Australia’s EOS Surges as Drone Wars Enter Next Phase
00:00 Defense budgets are climbing around the world as geopolitical risks Mount Bloomberg intelligence sees a $300 billion revenue opportunity for contracts is driven by demand for radars, launchers and interceptors. One company benefiting from that demand is Australian defence firm electro optic systems. The company recently secured a €71 million drone defence contract from a NATO member country. Its clients include the US and Australian Defence Forces, plus Gulf nations in the Middle East. Joining us exclusively is Andreas Vaya CEO and managing Director of Electoral Optics Systems. Andreas, really good to get you with us. Talk to us about the overall outlook. There’s a lot of attention in this space. What do you see as the demand trajectory? How sustainable is it against this backdrop of a more militarized world that we are living in? Yeah, things as well. So indeed, Electronic Systems is getting lots of attention from the marketplace. We are in the middle of a supercycle, a supercyc