Orbital Corporation Limited (AU:OEC) has released an update.
Invest with Confidence:
- Follow TipRanks' Top Wall Street Analysts to uncover their success rate and average return.
- Join thousands of data-driven investors – Build your Smart Portfolio for personalized insights.
Orbital Corporation Limited, a leader in military drone engine systems, is expanding its production capacity to meet increased global demand, driven by new contracts and enhanced engine models. The company plans to raise $2 million to support this expansion and aims to achieve debt-free status by early 2025. With strong partnerships and innovative technology, Orbital continues to solidify its position in the UAV propulsion market.
For further insights into AU:OEC stock, check out TipRanks’ Stock Analysis page.
