OEC orbital corporation limited

orbital signs new contracts for di-4 stroke and 2-

  1. 6,931 Posts.
    Orbital Signs New Contracts for DI-4 Stroke and 2-Stroke Engines
    Monday November 7, 1:34 am ET


    PERTH, Australia, Nov. 7 /PRNewswire-FirstCall/ -- Orbital
    Corporation Limited is pleased to announce two significant contracts
    for its fuel injection technology in both 2-stroke and 4-stroke
    engine applications. The contracts relate to Orbital's spark ignited
    combustion technology for heavy fuels, which are kerosene based fuels
    such as diesel.
    ADVERTISEMENT


    In the first development, Orbital Corporation has finalised a
    contract for the development of the first production application of
    its spark ignited heavy fuel technology for a 4-stroke engine. This
    contract is with a major North American original equipment
    manufacturer (OEM) to provide the OEM with engineering services in
    relation to Orbital's proprietary direct injection technology for a
    land-based vehicle application operating on heavy fuel.

    The contract is expected to generate revenue in excess of A$2 million
    over a period of 18 months, with a target start of production in 2007.

    Orbital Chief Executive Officer Rod Houston said the contract was
    significant for Orbital because it was in line with our strategy to
    grow Orbital's technology on 4-stroke engine platforms.

    In the second development, Orbital has been engaged by German engine
    manufacturer Goebler-Hirth Motoren (Hirth) on a significant
    engineering program for the preliminary development of a new 2-stroke
    engine to operate on heavy fuel for an Unmanned Aerial Vehicle
    application using Orbital's air- assist Direct Injection technology.

    Hirth entered into a license arrangement with Orbital in April 2005
    to use Orbital's air-assist DI on a range of 2-stroke engines which
    can operate on heavy fuel.

    Mr Houston said the two contracts underlined the strengths of the
    Orbital Combustion Process technology, (OCP) the collective name for
    the company's unique air-assisted, low-pressure direct fuel
    injection, combustion and engine management system.

    "These programs are confirmation of some of our unique capabilities
    with OCP, and illustrate the benefits of our targeted R&D efforts
    over the last 18 months to develop new applications for our
    technology," said Mr Houston.

    "These new markets are important for the growth of our engineering
    services, future royalty streams and the sale of Synerject
    components."
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)
Last
20.5¢
Change
0.000(0.00%)
Mkt cap ! $36.70M
Open High Low Value Volume
21.0¢ 22.0¢ 20.5¢ $122.8K 584.8K

Buyers (Bids)

No. Vol. Price($)
1 49997 20.5¢
 

Sellers (Offers)

Price($) Vol. No.
21.5¢ 26389 1
View Market Depth
Last trade - 16.10pm 12/09/2025 (20 minute delay) ?
OEC (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.