Asia / Pacific
Orbital Receives AU$4.3 Million in Australian Government Grants
Orbital OEC received AU$4.3 million in grant income from the Australian government.
• The company received AU$1.9 million as a refund for the fiscal year 2024 research and development expenditure for new engine models.
• The funds will be used to advance Orbital’s product roadmap, including larger engine platforms and electrification.
• Orbital also received AU$2.4 million from the Western Australian government’s Department of Jobs, Tourism, Science and Innovation after achieving performance milestones.
