Orbital UAV has announced that it has signed a Memorandum of Understanding (MoU) with UAS (unmanned aerial system) manufacturer Insitu that designates Orbital UAV as the primary supplier of two Insitu-designed engines. The supply forms part of Orbital UAV’s current Long Term Agreement (LTA) with Insitu.
Orbital UAV is now the sole source supplier for a UAV engine currently in production, as well as for one currently under development. The company’s status as primary supplier to Insitu will increase Orbital UAV’s share of Insitu-designed engine orders and provides opportunities to increase production volumes under the LTA. The award supports Orbital UAV’s decision to locate its new production facility in Hood River, Oregon and provides incentive for further investment in production capacity.
Todd Alder, CEO and Managing Director of Orbital UAV, commented: “Over the past two years, we have continued our accretive growth strategy within the UAV industry and our LTA with Insitu represents a key aspect of that growth. We are delighted to now be awarded primary supplier status in the delivery of these two Insitu designed engines. This opportunity is a result of the progress we have already made and a demonstration of Orbital UAV’s ability to deliver superior quality in our field.”
“Since signing the expanded LTA 17 months ago, we have worked side by side with Insitu, demonstrating our industry leading quality and expertise. The MoU represents further confidence in our capability as both a leading manufacturer and designer of the world’s best propulsion solutions for tactical UAVs.”
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