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Li-S Energy Limited (ASX: LIS) ("Li-S Energy", "LIS" or "the Company") is pleased to announce that Pegasus, the long endurance drone developed under the Emerging Aviation Technology Partnership (EATP) programme, has completed a series of successful test flights in Queensland, culminating in endurance flight of almost 2 hours, powered by a single Li-S Energy lithium sulfur battery pack.
Li-S Energy Ltd (ASX:LIS, OTC:LISXF, FRA:9GQ) has shipped its first commercial order of Australian-produced lithium metal foil and secured ISO 9001:2015 certification for its lithium foil production line in Geelong, Victoria. The order, supplied to a leading Australian battery research...
As Australian shares are expected to slide, with ASX 200 futures indicating a downturn, investors are closely monitoring economic indicators such as the upcoming GDP figures and minimum wage decisions. In this context, penny stocks—though an outdated term—remain a relevant investment area for those seeking growth opportunities in smaller or newer companies. Despite their reputation for volatility, these stocks can offer surprising value when backed by strong financial health and stability.
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