Orbital Signs New Contracts
November 8, 2005
Filed under Uncategorized
Australia-based Orbital Corporation Limited announced two contracts for its fuel injection technology in both two-stroke and four-stroke engine applications. The contracts relate to Orbital's spark ignited combustion technology for heavy fuels, which are kerosene based fuels such as diesel.
In the first development, Orbital Corporation finalized a contract for the development of the first production application of its spark ignited heavy fuel technology for a four-stroke engine. This contract is with a North American 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 $1.47 million over a period of 18 months, with a target start of production in 2007.
In the second development, Orbital has been engaged by German engine manufacturer Goebler-Hirth Motoren (Hirth) to help develop a new two-stroke engine to operate on heavy fuel for an Unmanned Aerial Vehicle application using Orbital's air-assist Direct Injection technology.
Orbital Corporation Limited is an international developer of engine and related technologies. The company provides research, design, development and testing services to many of the world's powertrain producers, regulatory authorities and research institutions. Other clients include Italy's Piaggio & Co. SpA, Mercury Marine for its OptiMax range, Taiwan's Kymco, India's Bajaj, and California-based Powerski International Corporation, which uses Orbital's air assist direct injection technology for the patented Supertorque XT marine engine.