EOS announces acquisition of MARSS
| Stock | Electro Optic Systems Holdings Ltd (EOS.ASX) |
|---|---|
| Release Time | 12 Jan 2026, 9:19 a.m. |
| Price Sensitive | Yes |
EOS announces acquisition of MARSS counter-drone C2 system provider
- Acquisition of MARSS, a Europe-based provider of command and control (C2) systems for counter-drone operations
- Transforms EOS from a component supplier to an integrated counter-drone systems provider with strong software and AI capabilities
- Expands EOS' geographic footprint and broadens its end market presence in defence, homeland security and civil domains
Electro Optic Systems Holdings Limited (EOS) has announced the acquisition of the MARSS group business, a Europe-based provider of command and control (C2) systems for counter-drone operations. MARSS' proprietary NiDAR C2 technology provides advanced AI-enabled decision making and sensor-effector orchestration to rapidly counter asymmetric drone threats. The acquisition allows EOS to transform from a component supplier to an integrated counter-drone systems provider, with strong software and AI capabilities. Key benefits of the acquisition include closing the capability gap caused by the evolving drone threat, leveraging MARSS' proven, world-class technology, moving EOS up the value chain as an integrator, enhancing the go-to-market proposition, expanding the international footprint, and accessing wider end markets. The transaction is structured as an asset acquisition, with an upfront cash payment of US$36m (~A$54m) and an earnout of up to €100m (~A$174m) tied to new MARSS sales. The acquisition is expected to be broadly neutral for EOS' earnings and operating cashflow in 2026, with positive contributions from 2027 onwards. EOS has also secured a commitment for a $100m two-year secured term loan facility to support the expanded business.
The acquisition of the MARSS business is anticipated to be broadly neutral for earnings and operating cash flow for EOS in 2026 and expected to positively contribute to results from 2027 onwards.
As threats become increasingly asymmetric and multi-domain, software-defined C2 platforms such as NiDAR are mission-critical capabilities. The addition of MARSS' technology and personnel will allow EOS to be at the forefront of advances in counter-drone systems as the threat environment continues to evolve.