• $100M two-year secured term loan facility from Soul Patts
• Facility to support growth and provide liquidity buffers
• Acquisition of MARSS to expand counter-drone capabilities

Electro Optic Systems Holdings Limited (EOS) has announced the finalization of a $100M two-year secured term loan facility from a subsidiary of Washington H. Soul Pattinson and Company Limited (Soul Patts). The facility is available to support growth across the EOS business and provide additional liquidity buffers, including for working capital and to fund payments for the acquisition of MARSS. The key terms of the new facility include a 14.75% average all-in interest rate, no financial covenants, and the ability for EOS to prepay the whole facility without penalty. Soul Patts is a longstanding equity investor in EOS and has previously provided debt funding to support the company's transformation and growth. The funds from this facility are intended to provide EOS with additional liquidity and flexibility to fund future growth opportunities, including the previously announced acquisition of MARSS, which is expected to complete in 2026. The acquisition of MARSS will position EOS to offer end-to-end counter-drone capabilities, expanding new revenue opportunities across its global customer base.

EOS believes there are significant growth opportunities in the market for counter-drone technology, including Remote Weapon Systems and High Energy Laser Weapons. The acquisition of MARSS is expected to expand EOS's new revenue opportunities across its global customer base.