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Why the Etherstack (ASX:ESK) share price will be on watch today

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Etherstack PLC (ASX: ESK) shares will be on watch this morning following the company’s announcement regarding a new Australian Defence contract award. At market close yesterday, the Etherstack share price finished the day 0.8% higher at 62 cents.

It will be interesting to watch how the company’s shares perform today as investors digest this morning’s update.

What did Etherstack announce?

The Etherstack share price could be on the move today following the company’s latest positive update.

In yesterday’s late market announcement, Etherstack advised it has entered into a subcontract with Australian defence contractor, Electro Optic Systems Holdings Ltd (ASX: EOS).

The agreement will see Etherstack deliver services to an…



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