EOS (Electro Optic Systems) acquisition of counter-drone C2 system provider MARSS

Kitnetic Technology Advisors provided technology due diligence and advice to EOS (Electro Optic Systems) on the acquisition of counter-drone C2 system provider MARSS.

The Companies

EOS, listed on the Australian Securities Exchange, is a defence and space technology company specializing in remote weapon systems, high-energy laser weapons, and counter-drone solutions. MARSS, founded in 2006 and based in Europe, is a defence and security technology provider focused on sensor-fusion and AI-enabled command and control (C2) systems for counter-drone applications. Its proprietary NiDAR platform has been deployed in over 60 operational installations worldwide.

The Deal

The acquisition, valued at USD 36 million upfront with an earnout of up to €100 million, transforms EOS from an equipment supplier to a fully integrated counter-drone systems provider — capable of delivering end-to-end solutions: Detect → Identify → Decide → Defeat.

Our Work

We provided EOS with technology due diligence on MARSS, assessing the NiDAR platform, AI/ML capabilities, sensor-fusion architecture, and software infrastructure to support their acquisition thesis.

Quote

"By combining its best-in-class effector and sensor capabilities with MARSS' C2 technology, EOS is transforming from a component supplier to an integrated counter-drone systems provider, with strong software and AI capabilities."— EOS ASX Announcement, January 2026

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Read the announcement