Orbital UAV’s customer and product diversification strategy continues in 2021 with an additional engine development program contract announced with Textron Systems Corporation, a subsidiary of Textron Inc. and one of world’s largest suppliers of tactical UAVs. The new program with Textron Systems adds to the Company’s existing engine development programs, expanding the Company’s production profile
Orbital UAV has been selected by Team Defence Australia to be part of the Australian defence industry delegation at AUSA 2021 – the annual conference and expo for the Association of the United States Army. Alongside 23 other companies on the Australia National Pavilion, Orbital UAV will demonstrate its growing capability within the unmanned aerial
With a growing global customer base, new engine production lines progressing and Defence funding to support the expansion of our production capability – the next 12 months at Orbital UAV is looking busy! Our latest Defence Global Competitiveness Grant from the Centre for Defence Industry Capability for new capital equipment will support our progress as
Today we released our audited Financial Results and Annual Report for the financial year ending 30 June 2021, confirming revenue of $31.2M and an underlying net loss of $1.3M before abnormals. You can listen to a recording of our financial result conference call with CEO Todd Alder and CFO David Bonomini via Open Briefing, here.
The Orbital UAV team was delighted to welcome Shadow Minister for Defence Industry Matt Keogh MP to our Balcatta operations. As the Member for Burt, Matt was keen to see first-hand our growing defence industry capability and expanding operations in Western Australia. Accompanied by CEO Todd Alder, COO Martin Johnston and GM People, Culture &
Orbital UAV’s presence at Land Forces 2021 was a great opportunity to showcase our growing defence capability on the national stage and build our reputation as the world leader in spark-ignited heavy fuel engine systems for tactical UAVs! Selected by Defence West to represent and promote Western Australia’s defence industry capability, we spent three days
The Australian Defence sector currently represents a “unique environment” for investors, with all three services (Army, Air Force, Navy) committing to billion dollar projects over the next 5-10 years. That’s the view of MA Financial Group’s Ryan Pittman in Stockhead’s recent Defence & Security Virtual Conference. Ryan points out that historically the Defence sector hasn’t been prominent on the ASX
Orbital UAV has developed an array of patented technology that is currently disrupting the military drone engine market…That’s the starting point for our CEO Todd Alder in the latest edition of StockPal’s Tech in Oz webinars. Orbital UAV is building its reputation as the world leader in the design and manufacture of integrated engine systems
Orbital UAV’s unique sovereign industrial capability is once again featured in this year’s Australian Defence Sales Catalogue, showcasing some of Australia’s leading-edge products, technologies and services available for export. As a world leader in the design, development and manufacture of propulsion systems and flight critical components for unmanned aerial vehicles (UAVs), Orbital UAV is already
What are the key challenges that senior decision-makers have to contend with in large organisations and what strategies should be considered to deliver solutions, mitigate risk and build institutional resilience? These were some of the questions discussed at a recent WA Defence Review event, co-hosted by The CEO Institute WA and Quest East Perth. Our
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