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Orbital UAV Advances New Engine Amid $0.5M Quarterly Cash Outflow
2:54pm on Wednesday 30th of July, 2025 AEST
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Aerospace & Defense
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Orbital UAV Advances New Engine Amid $0.5M Quarterly Cash Outflow
2:54pm on Wednesday 30th of July, 2025 AEST
Key Points
Operating cash outflow of $0.5 million for the quarter
Cash, receivables, and undrawn loans total $5.9 million
Spent $1.2 million on developing a larger capacity UAV engine
Prototype engines have begun customer flight trials
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