Australia's Orbital Corp on track for best day in a week on MightyFly order
29/07/2026 04:53
BUZZ-Australia's Orbital Corp on track for best day in a week on MightyFly order ** Shares of Orbital Corp OEC.AX rise as much as 3.3% to A$0.145; on track for best session since July 22, if trend holds
** Engine maker receives order from U.S. autonomous cargo aircraft developer MightyFly for three Orbital HFE propulsion systems
** ".. Commercial autonomous aviation programs can move from development to production more quickly than traditional defence procurement programs, which is part of what makes this an attractive growth market for Orbital," says CEO Stephen Pearce
** Stock is up 9% YTD
(Reporting by Anjali Singh in Bengaluru)
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