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Li-S Energy Limited (ASX:LIS)

ALERT: Price-sensitive ASX Announcement for LIS
Current share price for LIS : $0.130 -0.045 (-25.71%)+
Announcement
Release
9 Oct 2025 9:32AM
Price at Release
$0.175
Full Release
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Summary
Li-S Energy Limited, an Australian developer of advanced lithium-sulfur and lithium-metal battery technologies, has signed a Collaboration Agreement with Praetorian Aeronautics, a South Australian defence technology company. This agreement aims to integrate LIS batteries into Praetorian's advanced Unmanned Air Systems (UAS), particularly their Dagger counter-UAV interceptor drones. The collaboration will involve joint evaluations and testing to potentially lead to commercial outcomes based on the testing results. The partnership highlights mutual interests in enhancing national security platforms using Australian-developed technologies. LIS batteries are expected to improve mission endurance, payload flexibility, and reduce system weight, making them ideal for aerospace and defence applications. The agreement is seen as a step forward for Australia's sovereign defence manufacturing capabilities, with Praetorian planning to manufacture up to 10,000 drones annually, creating significant market opportunities for LIS.
Key Points
  • Li-S Energy and Praetorian Aeronautics signed a Collaboration Agreement.
  • Integration of LIS batteries into Praetorian's UAS.
  • Focus on improving national security capabilities.
  • Potential for commercial outcomes based on testing results.
  • Praetorian aims to produce 10,000 drones per year.
  • LIS batteries offer improved endurance and reduced weight.
  • Enhancement of Australian sovereign defence capabilities.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.