Electro Optic Systems acquires US space communications business of Audacy Corporation
CANBERRA: Electro Optic Systems Holdings Limited (EOS), acting through its wholly-owned US subsidiary EOS Defense Systems USA, has executed an agreement to acquire all of the business and assets of Audacy Corporation, a space communications company based in the US. EOS Defense Systems (EOSDS) will outlay approximately AU$10 million in cash for the acquisition including…