Trading Update
| Stock | Orbital Corporation Ltd (OEC.ASX) |
|---|---|
| Release Time | 23 Mar 2026, 1:51 p.m. |
| Price Sensitive | Yes |
Orbital UAV Secures Engine Sale, Textron Support Order, and NATO Program MOU
- Secured initial order for 150HFE® engine from Freespace Operations for heavy-lift multirotor drone
- Received order from Textron Systems for 10 FlexDT® diagnostic units to support Aerosonde® 4.7 tactical UAV platforms
- Entered MOU with Bertel O. Steen Defence & Security AS to collaborate on NATO TUAS program
Orbital Corporation Ltd (Orbital UAV) has announced a series of developments that further expand its global footprint across tactical and heavy-lift unmanned aerial systems. The company has secured an initial order from Freespace Operations, a sovereign Australian OEM of heavy-lift multirotor drone systems, for a 150HFE® heavy fuel engine. This engine will be integrated as a hybrid range extender into the Callisto 50 Heavy Lift Drone, with application across the Callisto 50 and 75 platforms. Orbital UAV has also received an order from Textron Systems for 10 FlexDT® units to support Aerosonde® 4.7 Group 3 tactical UAV platforms deployed with US and international military customers. Additionally, the company has entered into a Memorandum of Understanding (MOU) with Bertel O. Steen Defence & Security AS in relation to the anticipated NATO Support and Procurement Agency (NSPA) tender for the Textron Systems HQ 4.8 Tactical Unmanned Aerial Vehicle (TUAS) program. Under the MOU, the parties intend to collaborate on an integrated propulsion system supply and sustainment solution. These initiatives demonstrate Orbital UAV's approach to building long-term program participation through initial propulsion supply, followed by expansion into diagnostics, maintenance, and regional sustainment support.