Latest Orbital Corporation Stories

2010-01-26 17:47:00

PERTH, Australia, Jan. 26 /PRNewswire-FirstCall/ -- Orbital Corporation Limited (ASX: OEC - "Orbital") announced today that it has reached agreement with the Government of Western Australia, through the Department of Commerce, to restructure the terms and conditions of the long standing loan arrangement between Orbital and the WA Government. The parties entered into a Development Incentives Agreement in 1989 under which Orbital was advanced $19 million, interest free, to be repaid in one...

2009-04-30 21:11:00

PERTH, Australia, April 30 /PRNewswire-FirstCall/ -- Orbital Corporation Limited (ASX: OEC - "Orbital") and Chongqing Changan Automobile Co., Ltd of China ("Changan") are pleased to announce that they have entered into a development contract to jointly develop a concept engine. The development will be carried out on Changan's current gasoline engine platform with an objective to achieve a significant fuel economy benefit utilising Orbital's FlexDI(TM) technology. The program is focused on...

2009-03-30 04:15:00

Continental and Orbital agree on restructured joint venture scope to accelerate Synerject growth and profits. Orbital becomes Continental's exclusive representative for specific CNG and LPG products for passenger cars, transport and mining applications in Australia and New Zealand. Synerject pays a special dividend of US$2.25m to each of Orbital and Continental. Continental will take a majority interest in Synerject by the purchase of 8% of Synerject from Orbital. PERTH, Australia, March...

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