News Articles for Orbital Corporation

Balcatta company Orbital Corporation has a long history on the ASX but it seems many investors still don't understand what the company actually does.

Balcatta-based Orbital Corporation has announced it is now debt-free, after receiving $4.3 million in grant funding.

Our board moves wrap includes Dianne Angus, Geoff Pocock, Andrew Chapman, Tod McGrouther, Gaurav Gupta, Mark Licciardo, Joel Ives, Karen Logan, Joan Dabon, Harry Spindler, Dan Robinson, Stephen Parker, Ross Walker, Stephen Carter, Grant Lukey, Rhett Morson, Bruce Rathie, Alec PIsmiris, Geoff Stalley, Kenneth Hall, Cathy Moises, and Brady Hall.

Our board moves wrap includes John Mogford, Malcolm Broomhead, Ben Smith, Wayne Richards, Glenn Simpson, Ian Murray, Thomas Spencer, and David Bonomini.

New research covering more than 600 businesses paints the most detailed picture assembled of WA's startup and tech sectors.

Defence contractor Orbital UAV says it has achieved strong revenue growth for the full financial year on the back of a recent engine supply agreement with Boeing.

Drone technology company Orbital Corporation has signed a memorandum of understanding with Boeing subsidiary Insitu to become its primary engine supplier.

Benjamin Donovan has replaced Adam Webb Ware as company secretary of HotCopper Holdings.

Our weekly appointment wrap includes Eric Lumsden, John Langoulant, Michael Court, Nicole Lockwood, Terry Agnew, Kerryl Bradshaw, Andrea Sutton, Wayne Zekulich, Keith Hirschman, Tony Sheard, Alex Ogg, Nicholas Chapple, Paul Pryde, Shane Ogilvie, Saschelle Blake, Brett Heather, Richard Peterson, and Howie McKibbon.

Industrial technology company Orbital Corporation has lowered its revenue guidance for the financial year by $4 million, following production delays to one of its new engine models.

Shares in Orbital Corporation jumped 16 per cent today, after the local tech company announced a contract extension with multinational The Boeing Company and provided revenue guidance of $24 million for the 2019 financial year.

Shares in local tech firm Orbital Corporation soared today after the company's preliminary financial year results showed net profit of $1.8 million.

Balcatta-based Orbital Corporation recorded an unaudited $1.5 million after-tax loss for the first half of the financial year, but expects a profit in its full-year result, as it shifts focus to building engine parts for unmanned aerial vehicles.

Former Orbital Corporation boss Terry Stinson will join the board of Carnegie Wave Energy next month and succeed Jeff Harding as chairman, while Mark Woodall will also join the board of the renewables company.

Luo Qi has resigned as alternate director to YangYu Zhu of JC International Group.

Orbital Corporation's long-serving managing director and chief executive, Terry Stinson, has stepped aside with CFO Todd Alder appointed as his successor with immediate effect.

Company director John Poynton has moved into the gas sector as the new chairman of Cooper Basin-focused Strike Energy, which has also recruited a new managing director from Shell.

Graphite-focused Talga Resources has named Orbital Corporation chief executive Terry Stinson as its new chairman, replacing Keith Coughlan who will remain with the business in a consultancy role.

Prominent corporate adviser John Poynton, former mining executive Bill Turner, and Supreme Court judge Carmel McLure are among the Western Australian luminaries to receive honours as part of this year's Queen's Birthday awards.

With a strong focus on cutting costs in mining, many WA small businesses are developing ways to dig up resources smarter and cheaper.

Industrial technology company Orbital Corporation has further strengthened its balance sheet after holders of convertible notes elected to take shares in the business, rather than a cash return.

Balcatta-based Orbital Corporation has sold its stake in engine management systems supplier Synerject to partner Continental Automotive Systems for $US17.8 million ($A24.9 million).

Orbital Corporation has received its first order for a batch of engines and propulsion systems for Boeing's ScanEagle unmanned aerial vehicle project, in a deal worth $12 million.

Former Wallaby player and experienced minerals executive John Welborn will take the helm of Perth-based gold company Resolute Mining when outgoing CEO Peter Sullivan steps down in late June.

Engine technology developer Orbital Corporation has been named the preferred supplier of engines and propulsion systems for Boeing's ScanEagle Unmanned Aerial Vehicle.

Technology developer and investor Orbital Corporation has reshaped its board as it implements a new growth strategy, adding investment banker John Poynton as a director and promoting experienced minerals executive John Welborn to chairman.

Automotive and aerospace equipment developer Orbital Corporation's majority owned mine site safety product Remsafe has secured a $2 million order from a major Western Australian iron ore mining company.

One of the joys of being a business reporter in this state for the better part of 25 years is that the background to a story is often more obvious to me than others with less time in the field.

As counter-intuitive as it may seem, listed automotive and aerospace equipment developer Orbital Corporation has made the first major move in its diversification strategy by buying a mine site safety product spun-out of a resources-focused electrical and engineering contractor.

The former chief executive of ASX-listed company Advanced Braking Technology, Ken Johnsen, has taken the helm of Dunsborough firm Nauti-Craft, which has developed a suspension system for boats.

Engine technology developer Orbital Corporation plans to raise $10 million via a convertible note issue to fund its acquisition of electrical product manufacturer REMSAFE.

Engine technology developer Orbital Corporation has filed court documents in the US against major car industry players Mercedes-Benz and Robert Bosch over alleged patent infringements concerning its direct injection technology.

Engine technology developer Orbital Corporation has moved to acquire half of electrical product manufacturer REMSAFE from co-founder Nick Bertucci for $5 million.

Orbital Corporation has appointed John Welborn as a non-executive director.Mr Welborn is managing director of Equatorial Resources and a non-executive director of Prairie Downs Metals.

Perth innovation and design company Orbital Corporation has reached a settlement with AAI Corporation over a dispute relating to past contracts that resulted in AAI withholding payment on outstanding invoices.

Balcatta-based fuel technology systems group Orbital Corporation has built on a solid first half and delivered a full-year net profit, rebounding from a loss of more than $3 million in the previous

Business News for Western Australia. Wednesday July 31. Shanna Crispin reports. Murray & Roberts makes takeover offer for Clough .Western Areas warns of million dollar hit. AHG expands New Zealand footprint and more.

Engine and fuel systems supplier, Orbital has signed a cooperation agreement with Indian-based UCAL Fuel Systems to develop a joint venture in Chennai, India.

Balcatta-based engine technology group Orbital Corporation says it is on target to finish the year in the black after lodging a slim net profit for the six months to December 31.

Engine and fuel technology group Orbital Corporation has sold a 12 per cent stake in its Synerject LLC fuel injection systems joint venture to partner Continental Corporation for $US6 million.