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Orbital UAV Advances Prototype Engine Amid Positive Cash Flow in Q1 2025
5:55pm on Tuesday 29th of April, 2025 AEST
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Aerospace
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Orbital UAV Advances Prototype Engine Amid Positive Cash Flow in Q1 2025
5:55pm on Tuesday 29th of April, 2025 AEST
Key Points
Positive operating cash flow of $0.7 million for the quarter
Cash, trade receivables, and undrawn loan facilities total $5.1 million
Current order book stands at 67 engines
Development of new larger capacity engine reaches prototype stage
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