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#News From Ukraine
Added 2 months ago

Some confused Redditors on r/asx_bets have accidentally found some potentially meaningful news from Euromaidan press that quoted the Ukrainian deputy Minister of Defense as saying that EOS would be establishing domestic production in Ukraine. This possibly signifies that two contracts worth approximately A$180m that were conditional on several factors, including field trials, is going to get the green light for purchasing. Further to this, we know the Germans have been using EOS' Slinger to protect their donated anti-air assets, which means that trust them to some extent, as well as R150's to protect the smaller anti-air vehicles.

These are not the highest quality news sources, with UA MINDEF incentivized to over-inflate their military capability in news, and EOS incentivized to be part of that, however there are ground facts here that are reproducible in open source that I like, namely that the Germans are using this technology.

For my purposes I grade the quality of this information as C3: from a fairly reliable source and while I cannot confirm it all, it is logical in itself and agrees with other information sources available.

Discl. I hold EOS, but am not adding on this news.

  • https://euromaidanpress.com/2024/06/28/australian-arms-manufacturer-eos-plans-to-establish-production-in-ukraine/
  • https://biz.liga.net/en/all/all/novosti/no-one-kills-drones-like-eos-australian-weapons-maker-eos-eyes-production-in-ukraine