• Receipts from customers increased to $4.2 million
• Net cash generated from operations of $0.7 million
• Completed $3.0 million capital raising
• Developed new 350cc heavy fuel engine to address growing market demand

Orbital Corporation Ltd (Orbital UAV) has presented its quarterly activities report for the period ended 30 September 2025. The company continues to position itself as a leader in Integrated Propulsion Systems (IPS) for the unmanned aerial vehicle (UAV) market, with a focus on the design, manufacture, and support of high-performance, reliable, and mission-ready engine systems. During the quarter, Orbital UAV achieved several key milestones:- Receipts from customers increased to $4.2 million, up from $2.6 million in the previous quarter- Net cash generated from operations was $0.7 million, compared to a $1.8 million outflow in the prior quarter- The company completed a $3.0 million capital raising (before costs)- Orbital UAV developed a new 350cc heavy fuel engine to address the growing market demand for larger UAV platforms with increased payload requirements, more complex mission profiles, and regulatory changes enabling long-range commercial flightsThe company also provided updates on its strategic initiatives, including the Orbital Partnership Program with Tier 1 defence OEMs and the new Orbital Mission Ready Engine program targeting Tier 2 military and Tier 1 commercial UAV manufacturers. Additionally, the company discussed developments in the US market, including the transition from the FTUAS program to the new US Army Transformation Initiative (ATI) Program, which aims to field modernised Unmanned Aerial Systems across every Army division by the end of 2026.Orbital UAV ended the quarter with a strong cash position of $3.7 million and an undrawn loan facility of $2.0 million, as well as anticipated R&D grant proceeds of $3.2 million in the December 2025 quarter.

The company anticipates 2025 R&D Grant proceeds of $3.2 million in the December 2025 quarter.

Orbital UAV is well positioned to capture the growing global demand for larger capacity engines driven by increased payload requirements, more complex mission profiles, and regulatory changes, particularly those relating to long-range commercial flights with Beyond Visual Line of Sight (BVLOS) mission profiles. The company's new 350cc heavy fuel engine, developed to address this emerging market opportunity, has exceeded performance expectations and generated strong interest from both existing and new customers.