Electro Optic Systems Holdings Limited (ASX:EOS) Signing a strategic cooperation agreement with Lockheed Martin. It is estimated there is a trillion dollar's worth of satellites orbiting the earth and if you have seen the movie Gravity with Sandra Bullock and George Clooney this company's potential will make sense. EOS has just signed a deal with Lockheed Martin to build what they hope will be the world's best space debris tracking facility in Western Australia, with the aim to prevent space debris hitting satellites and valuable hardware in orbit. Lockheed Martin is an aerospace giant and the deal will enable EOS to grow, market their technology to satellite owners and enhance their capabilities. The global fixed satellite services industry generated revenues of US$12.2 last year, representing modest growth of 2%. Full Read: (VIEW LINK)



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James Marlay

This is an interesting concept. So much at stake with the value of space equipment etc Pretty hard to get your head around risk associated with the company/technology...