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Innovaero prepares OWL drone production after $5.9m annual loss
4:02pm on Wednesday 28th of October, 2026 AEDT
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Aerospace and Defence
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Innovaero prepares OWL drone production after $5.9m annual loss
4:02pm on Wednesday 28th of October, 2026 AEDT
Key Points
$10.067 million FY2026 revenue, up from nil in the comparative period
$5.917 million net loss and $2.228 million operating cash outflow
$11.729 million in customer payments held as contract liabilities
$24.018 million in financial and lease liabilities, with net liabilities of $516,000
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