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Aurora Labs Advances Defence Propulsion with $5.1M Loss and New Contracts
7:48am on Friday 21st of August, 2026 AEST
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Defence and Aerospace
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Aurora Labs Advances Defence Propulsion with $5.1M Loss and New Contracts
7:48am on Friday 21st of August, 2026 AEST
Key Points
36% increase in net loss to $5.1 million
First commercial AU4 propulsion system deliveries commenced
Secured $450,000 Phase 2 ADF contract and $1 million government grant
Entered three-year teaming agreement with MBDA
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