Drone engine maker Orbital has set up shop in the US, across the river from their biggest customer.
The Perth-based business (ASX:OEC) has leased a section on the Hood River in Oregon from where it plans to fully launch itself into the US tactical drone market.
On the other bank is Insitu, a subsidiary of Boeing which makes the drones themselves and is the customer that helped to turn Orbital around in 2014.
Orbital designed the N20 drone engine for Insitu, which is used in the US militarys ScanEagle drones.
It beat 40 global engine makers for a contract worth a minimum order value of $US33 million ($44 million) and a maximum of $US91 mill…
Read the full article at: https://stockhead.com.au/tech/orbital-moves-next-door-favourite-us-customer/