BUZZ-Australia's Li-S Energy rises on UAVs battery technology agreement

Reuters
25 Mar
BUZZ-Australia's Li-S Energy rises on UAVs battery technology agreement

** Shares of Li-S Energy LIS.AX rise 8.7% to A$0.125, their highest levels since February 10

** The battery developer signs a collaboration agreement with Kea Aerospace to integrate its advanced lithium sulfur battery technology into Kea's high altitude uncrewed aerial vehicles (UAVs) targeting multi-month flight times

** About 489,100 shares change hands by 0222 GMT, 3.4 times the 30-day average volume of shares

** Stock down 14.8% this year, as of last close

(Reporting by Sherin Sunny in Bengaluru)

((Sherin.Sunny@thomsonreuters.com;))

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