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orbital corp ltd (OEC) Snapshot

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08/26/13 - A$0.22
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12/18/13 - A$0.14
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orbital corp ltd (OEC) Details

Orbital Corporation Limited is engaged in the design, development, manufacture, and testing of engines, engine parts, and engine management systems worldwide. It also imports, manufactures, and assembles liquid LPG systems for the Ford EcoLPi Falcon’s range of passenger cars and utilities; and imports, assembles, and distributes various LPG and CNG systems for aftermarket LPG installers and mechanical workshops, as well as develops and distributes dual fuel substitution systems to liquid natural gas and diesel vehicles for heavy duty transport. In addition, the company provides consulting services, such as engine management and control systems, engine and vehicle testing and certification, data acquisition and monitoring, and rapid prototyping solutions, as well as design, CAD/CAM, and numerical analyses solutions for powertrain and engineering applications. Further, it licenses FlexDI systems and technology for marine, motorcycle, recreational, and autorickshaw light commercial vehicle markets. The company was formerly known as Orbital Engine Corporation Limited and changed its name to Orbital Corporation Limited in October 2004. Orbital Corporation Limited was founded in 1972 and is based in Balcatta, Australia.

87 Employees
Last Reported Date: 08/26/13
Founded in 1972

orbital corp ltd (OEC) Top Compensated Officers

Chief Executive Officer, Managing Director an...
Total Annual Compensation: A$333.9K
Chief Financial Officer and Company Secretary
Total Annual Compensation: A$78.0K
Chief Technical Officer
Total Annual Compensation: A$213.5K
Compensation as of Fiscal Year 2013.

orbital corp ltd (OEC) Key Developments

Orbital Corporation Limited Appoints John Welborn as an Independent Non-Executive Director

The board of Orbital Corporation Limited announced that the appointment of Mr. John Welborn as an independent non-executive director. Mr. Welborn is currently the managing director and chief executive officer of Equatorial Resources Limited. Mr. Welborn is a former International Rugby Union player with extensive experience in the resources sector as a senior executive and in corporate management, finance and investment banking. He was the head of specialized lending in western australia for Investec Bank (Australia) Ltd. and has more than 20 years of commercial experience in national and international professional services and management consulting firms.

Orbital Corporation Limited Announces Resignation of W. Peter Day as Director

Mr. W. Peter Day has advised Orbital Corporation Limited of his resignation as a director, effective 28 February 2014. Mr. Day stated that his decision will allow him to focus on his other interests and changed personal circumstances. The search for a replacement for Mr. Day has commenced with a focus on a strong accounting/finance professional based in Western Australia.

Orbital Corporation Announces UAV Project with Insitu

Orbital Corporation Limited announced that it has successfully completed the design phase of its design, development and validation program for the next generation Unmanned Aerial Surveillance (UAS) propulsion system for Insitu Inc. As a result of the passing of this significant gateway, Orbital has commenced the production of prototype hardware to support ground based development testing and ultimately flight testing of the new UAS propulsion system. The complete program includes several iterations to release a fully productionized and validated propulsion system. The development and validation plan is a result of collaboration between Insitu and Orbital to combine propulsion and air vehicle requirements to achieve the highest in service reliability. The gateway was a key step in the initial design, development and validation contract previously announced and valued at up to $4.5 million. The next generation engine will have the ability to run on multiple fuels (gasoline, JP5, JP8) to enable one engine to support Insitu's commercial and defense customers. The next generation propulsion system will be one of the most advanced engines flying on a small unmanned aircraft system (SUAS) application. The engine will utilize Orbital's Argon FlexECU, smallest, lightest and highest specification Engine Control Unit (ECU). The advanced ECU will provide the ground station with engine health monitoring as well as accurate fuel consumption information to maximize fuel utilization.


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