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BSA signs deal to acquire Eonetics drone unit

PRIVATEOct 21, 2026

Acquiring Company

BSA Limited

Acquired Company

Eonetics Pty Ltd

AustraliaAustraliaSoftware

Description

BSA Limited has signed a binding share purchase agreement to acquire 100% of Eonetics' issued capital. The consideration comprises 50 million BSA shares, 24.5 million options, and 30 million performance shares, with no capital raising proposed. The deal would combine BSA's national field workforce with Eonetics' tethered-drone technology, and BSA estimates its undiluted market capitalisation would rise from about $20 million to $33 million on completion.

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Company Information

Company

BSA Limited

Location

Australia

About

BSA Limited is an ASX-listed company (ticker: BSA) that provides national field infrastructure services. It is expanding into proprietary tethered-drone technology through this transaction.

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Frequently asked

Who acquired Eonetics Pty Ltd?

Eonetics Pty Ltd was acquired by BSA Limited, based in Australia. The deal was reported on October 21, 2026. BSA Limited is an ASX-listed company (ticker: BSA) that provides national field infrastructure services. It is expanding into proprietary tethered-drone technology through this transaction. BSA Limited is privately held.

When did BSA Limited acquire Eonetics Pty Ltd?

BSA Limited's acquisition of Eonetics Pty Ltd was reported on October 21, 2026. BSA Limited has signed a binding share purchase agreement to acquire 100% of Eonetics' issued capital. The consideration comprises 50 million BSA shares, 24.5 million options, and 30 million performance shares, with no capital raising proposed. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Eonetics Pty Ltd do?

Eonetics is an Australian-developed aerial infrastructure technology business specializing in proprietary tethered-drone, software, and remote infrastructure capabilities. It is privately held, operating in Software, and is based in Australia.

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