UPDATE Jan. 29: This story has been updated to reflect EOS Chief Executive Ben Greene's comments Jan. 28 during an EOS investor call.

PARIS — Australia-based Electro Optic Systems Holdings Ltd. (EOS), 5% owned by Northrop Grumman and best known as a manufacturer of remote weapon systems and anti-drone technology, will have about four years to launch at least one medium-Earth-orbit satellite under the license it intends to purchase from now-closed Audacy Corp.

Under Audacy’s June 2018 license with . . .

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