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Orbital begins recurring UAV revenue with first Power by the Hour deal
9:37am on Friday 23rd of October, 2026 AEDT
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Aerospace and Defence
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Orbital begins recurring UAV revenue with first Power by the Hour deal
9:37am on Friday 23rd of October, 2026 AEDT
Key Points
First Power by the Hour agreement with American Aerospace Technologies
US$2.6 million in contracted revenue through 31 December 2027
Take-or-pay commitment for 200 engine hours per aircraft each month
AiRanger fleet expected to reach 10 aircraft by May 2027
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Orbital (ASX:OEC)
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