Orbital Corporation Ltd (ASX: UAV) has delivered a second engine system to its major Singapore customer for further evaluation requirements.
Delivery of the latest engine system forms part of Orbital UAV’s Memorandum of Understanding (MoU) signed in March 2020 to design, develop and produce a multifuel unmanned aerial vehicle (UAV) engine.
The development phase of the MoU has progressed as planned. The first engine system was delivered earlier this year and the company continues to work on a third engine system for delivery later in 2021.
Todd Alder, CEO and Managing Director of Orbital UAV, said the company continues to work with the customer to finalise the requirements and scope of Phase 3 of the programme.
This is another major milestone in the engine development program for our prestigious Singapore customer,” Mr Alder said.
“This programme represents an exciting opportunity to develop and commission another world class engine production line from our operations in Australia,” he said.
Orbital UAV is currently progressing multiple engine development programs for its growing portfolio of international customers. “We look forward to providing further updates on this programme and others over the next 12 months, as we target bringing additional engine models into production.”
