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Orbital UAV Raises $3M to Capitalize on US Drone Policy Shift
9:25pm on Friday 29th of August, 2025 AEST
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Aerospace & Defense
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Orbital UAV Raises $3M to Capitalize on US Drone Policy Shift
9:25pm on Friday 29th of August, 2025 AEST
Key Points
Placement of ~14.2 million shares at $0.21 each raising $3 million
Funds allocated to manufacturing upgrades including 3D printing and 5-axis milling
Increased business development focus in US, Asia Pacific, and Middle East
Strategic response to US Drone Dominance Policy with accelerated product development
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Orbital (ASX:OEC)
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