Orbital UAV Wins US$1.1m UAE Engine Order and Seals Long-Term Propulsion Partnership

The latest update is out from Orbital Corporation Limited ( (AU:OEC) ).

Orbital UAV has secured an initial US$1.1 million order from a new sovereign government customer in the United Arab Emirates for its 50HFE propulsion systems and proprietary power management systems, marking the company’s first sales foothold in the Middle East. The engines, destined for military UAV applications and due for delivery by August 2026, extend Orbital UAV’s geographic reach and underscore renewed demand for its smaller engines, which already have a substantial operational track record.

Alongside the order, Orbital UAV has signed a long-term distribution agreement that appoints the UAE customer as its propulsion partner in the country, with scope to add further engine models such as the 75HFE, 150HFE and 350HFE. The arrangement aligns with Orbital UAV’s strategy of using initial supply contracts to build enduring partnerships that can expand into broader engine sales and recurring in-service support revenue, potentially strengthening its defence market positioning and future earnings profile.

The most recent analyst rating on (AU:OEC) stock is a Hold with a A$0.15 price target. To see the full list of analyst forecasts on Orbital Corporation Limited stock, see the AU:OEC Stock Forecast page.

More about Orbital Corporation Limited

Orbital Corporation Ltd, trading as Orbital UAV, is an Australian aerospace technology company specialising in propulsion systems for unmanned aerial vehicles. Its product suite includes small-engine UAV propulsion units such as the 50HFE and larger models, alongside proprietary power management systems, serving defence and government customers across North America, Europe, India, Southeast Asia, Australia and now the Middle East.

Average Trading Volume: 412,642

Technical Sentiment Signal: Hold

Current Market Cap: A$26.86M

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