Following the release of our FY21 Half-Year Results last week, equities research group PAC Partners released its latest analysis on Orbital UAV. The report, compiled by Senior Analyst Heath Andrews, provides a Buy recommendation with a 12-month price target of $1.45/share. In his Investment View, Andrews writes: “OEC has the potential to be a +$200m
Orbital UAV released its financial year 2021 half-year financial results on 25 February, reporting consolidated revenue for the six-month period increased by 67% to $19M (2019: $11.4M). Operational profit improved to $0.6M (2019: Loss of $1.9M). Orbital UAV’s Managing Director and CEO, Mr Todd Alder, was pleased with the half-year financial results. “We continue to
Last month Orbital UAV had the opportunity to participate in Stockpal’s Tech in Oz webinar, showcasing five ASX-listed technology companies from across various industries. Having enjoyed a positive 2020, the Orbital UAV team is currently focused on bringing the third engine model under its long term agreement with Boeing subsidiary Insitu into production, adding an
Orbital UAV Managing Director and CEO, Todd Alder, recently presented at the first TechKnow Invest Perth event. As one of Australia’s largest investment conferences for the Tech sector, TechKnow provided a great platform for Orbital UAV to showcase its industry leading technology and discuss some of the opportunities on the horizon for the Company. You
Orbital UAV has been named SME of the Year (Metropolitan) at the 2020 Defence Connect Australian Defence Industry Awards. Now in their second year, the Australian Defence Industry Awards is a leading awards program created to reflect the role of the defence industry as a fundamental input to Australia’s capability. The SME of the Year
Today (13 November) Orbital Corporation Ltd held its Annual General Meeting (AGM) in Perth, WA. This year’s Resolutions were all passed by over 99% of votes and you can view the results here. Following the formal business of the meeting, Chairman John Welborn provided a short address to shareholders before handing over to Managing Director
Former US Army Colonel Keith Hirschman joined Orbital UAV in the role of VP Global Growth in July 2019 – enhancing our end user insight and driving our customer growth opportunities. During his 30-year military career Keith held a number of senior positions associated with tactical unmanned aircraft systems (UAS), including Director, Emerging Technologies Team
Following the release of our FY20 Full Results last month, equities research group PAC Partners released its latest analysis on Orbital UAV. The report, compiled by Senior Research Analyst Heath Andrews provides a Buy recommendation with a 12-month price target of $1.60/share. In his Investment View, Andrews writes: “With contracted long-term high growth and the
Following the release of our Financial Year 2020 Results and Annual Report on 31 August 2020, our CEO Todd Alder and CFO David Bonomini held a conference call for investors, analysts and media to run through our latest investor presentation, and what we’ve delivered over the past 12 months. Results confirmed revenue of $33.8M, EBITDA
Following the release of our FY20 Financial Results and Annual Report, our CEO and Managing Director Todd Alder spoke with ausbiztv to discuss our recent performance and plans for FY21. You can view the interview below:
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