Electro Optic Systems Holdings Limited (ASX:EOS) (PINK:EOPSF) has completed a key phase of a major telescope project for the New Mexico Institute for Mining and Technology ("NMT"). The telescope is designated by NMT as the 2.4m Magdalena Ridge Observatory ("MRO") telescope.
Electro Optic Systems Holdings Limited (ASX:EOS) (PINK:EOPSF) has been awarded a new contract for delivery of remote weapon systems. The contract value is approximately A$10 million and the systems will be delivered within 6 months.
Electro Optic Systems Holdings Limited (ASX:EOS) (PINK:EOPSF) has been awarded a A$4.04 million grant from the Australian Space Research Program ("ASRP") to develop the world's first automated, high-precision, laser-based, space debris tracking system.
Asian shares are expected to remain rising after a rebound in most markets yesterday. On Tuesday China's Shanghai Composite rose 0.5%, Taiwan's Taiex surged 2% and South Korea's Kospi added 1.1%. Hong Kong's Hang Seng Index gained 1.2% spurred by Swiss banking major UBS's return to profit.
Wall Street declined modestly overnight as bearish analyst comments hurt bank shares. Analysts with UBS predicted the capital market's seasonal slowing could come earlier this year, cutting its fourth-quarter earnings target for Morgan Stanley, JP Morgan and others.
Defence technology company Metal Storm Limited (ASX: MST)(NASDAQ: MTSX) has completed further live fire trials of its 3GL 40mm three shot grenade launcher mounted to an M16 assault rifle. The trials were designed to provide baseline data for the 3GL and munition-enhancement program.
In additiona to QRSciences' (ASX: QRS) (PNK: QRSNY) exposure to the Clear(R) Registered Traveller program in the U.S., via the GE ShoeScanner, the company wishes to provide some guidance as to the potential size of the target market for the ShoeScanner product.
