Nobody Kills Drones like EOS – Minutes From the CEO Call

EOS is the most accurate in killing drones with bullets and lasers.

We have never lost any competitive trial for drone killing. We have not lost to Americans, Israelis, or anyone. In a recent competition in Israel, we were the only ones to shoot down 100% of the drones.

Andreas Schwer, CEO of EOS

Please look at the previous posts on EOS on this blog to see the full investment thesis.

Last week, German Broker Montega organised a call with EOS CEO Andreas Schwer. Below are the main quotes from the call and the presentation.

Quotes from the call:

• 380 employees now
• We have never lost any competitive trial for drone killing. We have not lost to Americans, Israelis, or anyone. In a recent competition in Israel, we were the only ones to shoot down 100% of the drones.
• We have been selected by the US Army to use our weapon station for the next generation of tanks. We are the sole partner for this project.
• With a laser, we can kill up to 30 drones per minute. With a bullet, we can kill 4-5 per minute.
• Germany wants to spend up to 40 billion euros to protect its airspace. Drone defence should be a big part of that budget. We will be bidding for the segment.
• We are the only ones who can deliver a 100kW laser together with Rafael. Three different parties own Rafael´s laser IP. EOS owns all IP for its laser weapon.
• We can kill drones flying up to speeds of 500km/h
• We can kill drones up to 3 km with a bullet, laser up to 6 km and 8 km with rocket systems.
• We have the widest portfolio of Remote Weapon Stations; no one else has such a broad product range.
• The most popular system is Slinger, developed to kill drones.
• The latest product is R500—the next-generation system with all AI functionality. We are developing this with the US Army. All new generation tanks will be equipped with such a system.
• Rheinmetal is selling the Skyranger with a 35mm cannon for 7 times the price of our system. Its accuracy is similar to our system. Skyranger uses a 35mm cannon, while we use a 30mm cannon, which is the NATO standard.
• Skyranger costs 14 million USD. For that, you can buy 7 of our systems, and with those 7 systems, you can protect many more assets than with one Skyranger. Our system is also much lighter, so it can be mounted on any vehicle. Our system can kill drones at the same rate as Skyranger. So 7 systems can kill 7x as many drones as Skyranger.
• We are working on improving our AI capabilities. We are in advanced negotiations, and we may announce an exciting AI deal in the next few months.
• Our current AI capability enables us to link several Remote Weapon Stations. If a fleet of drones comes, the AI system will decide which RWS will kill which drone.
• Our first 100kW laser was sold to the Dutch at 71 million euros (125 Australian dollars)
• We will have a laser partnership by Q1 2026 to capture the French market.
• The German parliament stopped the Rhinmetal contract, because we could deliver the system at half price and half the time. We will bid for the contract next year in an open competition.
• Many governments have reached out to us for quotes on the laser weapon. Sales would be conducted using the same documentation we used for the Dutch sale – it is a NATO-standardised contract that any NATO state can use.
• High-energy laser weapon – we are in negotiations with several parties. We see laser weapon annual revenues of 1.5-2 billion Australian dollars within 3 years with 15-20% EBITDA margins.
• Space control is our future. We are the most advanced in Europe at shooting down satellites. Only two US companies can compete, but they will not deliver outside the US. We are the only ones in Europe. This will be an even bigger business for us than laser in the 2030s.
• Our partners – we have partners in most countries where we deliver:
  • In Germany, our partner for RWS is Deal, and for laser, it is Helsing. For Space warfare is OHT.
  • France, KMDS is the partner for RWS.
  • In the UK, we are partnered with MSI, and we can not disclose the partner
  • In Italy, we are partners with Leonardo
• We are in negotiations with more than 10 governments regarding the sale of laser weapons.
• We hope the Dutch will buy an additional laser weapon next year for testing by their navy.
• We are planning to conduct live laser and cannon testing next year in the UAE. That can generate even more interest. We will be inviting many global potential customers. It will be a significant event.
• All our laser IP is in Singapore. The reason is that it is easier to export IPO from Singapore than from any other country.
• The most significant hurdle for our future growth is human capital. We have received unsolicited offers from top engineers from our competitors. We have hired those highly sophisticated engineers. The reason is that they wanted their products in real life.
• We are valued at only 700 million USD. We have had a couple of takeover conversations. I cannot disclose more, but we can be bought out of the market. If any firm offers come, the board will come. We would not submit any offer to the board below 10 dollars.
• If we secure a contract pipeline of 40-50 laser weapons, the share price will be well above $ 20.
• We are still early into our growth story. Our objective is 40-50 dollars, so investors have not missed anything yet. We are still very early and very affordable.

Do look at previous posts for more details on the EOS investment thesis.

Disclosure: 

The goal of the blog is to provide investment ideas for further research. I/we have a beneficial position in the shares discussed above either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it. I have no business relationship with any company whose stock is mentioned in this article. The article does not represent investment advice. Please do your own research before making any investment action.