LIVETechnology news rolling coverageStarted: Updated:
Technology News 14.03.2026
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Technology News 14.03.2026
LIVETechnology news rolling coverageStarted: March 14, 2026, 12:00 AM EDTUpdated: March 14, 2026, 2:58 AM EDT
Electro Optic Systems Stock Jumps 18% After $45 Million Counter-Drone Orders
Electro Optic Systems shares surged 18.34% to A$11.74 after announcing US$45 million in new counter-drone orders, including a US$42 million deal with a Middle East customer. The ASX 200 slipped 0.14%. EOS’s new contracts follow regulatory scrutiny over past disclosures and recent volatility triggered by short seller activity. The company’s backlog reached A$459.1 million at the end of 2025.
Telstra Share Price Rises as Buyback Keeps Rolling, Outpacing ASX 200
Telstra shares closed at A$5.19 Friday, up 1.37%, after the company bought back 3.49 million shares for about A$18 million this week. The S&P/ASX 200 slipped 0.14% and is down 6.32% in March amid inflation and rate concerns. Telstra outperformed rival TPG Telecom, which ended at A$3.91. The buyback program is set to run until June 30 but can be suspended at any time.