Orbital signs deal with Polaris

Orbital Corporation announced a new licence agreement with US company Polaris Industries for its air-assisted direct injection technology. Polaris Industries of Minnesota, a major player in the manufacture of snowmobiles, motorcycles and all-terrain vehicles, has entered into a licence agreement to manufacture certain products utilising Orbital’s DI technology. The agreement is significant for Orbital in that it opens up fresh commercial applications for its technology beyond traditional lines in the automotive, outboard engine and motorcycles sectors. Orbital chief executive Rod Houston said Polaris was a very good licensee for Orbital, given its strong presence in the recreational market. “It is a recognised leader in the snowmobile industry and one of the largest manufacturers of all-terrain vehicles in the world,” Dr Houston said. “The licence agreement is quite wide-ranging in its potential product applications and could lead to a number of new products utilising air assist DI with associated royalty revenue streams.” “Emission controls are becoming tighter for a wide range of motorised vehicles and our technology delivers the required environmental effect along with technical excellence and commercial benefit.”

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