OEC 0.00% 29.0¢ orbital corporation limited

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  1. 6,931 Posts.
    I have known that these models had been released for about 3 weeks.



    PERTH, AUSTRALIA Orbital Engine Corporation today announced details of product releases by
    Piaggio and Peugeot for the European summer.
    Piaggio, the largest scooter manufacturer in Europe and maker of the famous Vespa scooter, has for
    the first time offered products for sale incorporating Orbital technology. Two 5Ucc models Rave been
    introduced, the Piaggio NRG and the Gilera Runner . These two models use a 50cc "Pure Jet" engine
    that incorporates the Orbital direct injection system. Both models comply with the Euro II emissions
    levels and achieve a fuel economy of 50 km/litre. These models are the first scooters to use Orbital's
    direct injection technology in combination with a simple catalyst to achieve low levels of pollution.
    Peugeot Motocycles have recently launched two 5Occ models incorporating Orbital direct injection, the
    Looxor and Elystar. The Looxor, previewed at last year's Paris Motor Show, and the innovative
    Elystar use the Two Stroke Direct Injection (TSD1) engine developed by feugeot using Orbital
    technology. The TSDl engine complies with European emissions levels and provides much improved
    fuel economy and other user benefits. The Elystar introduces a new level of safety and functionality to
    the 5Ucc scooter market, including its advanced braking system.
    These four models enter the market with the two Aprilia scooter models introduced in previous years.
    "Aprilia, Peugeot Motocycles and fiaggio are three of the four biggest European scooter
    manufacturers and, based on the models launched to date, we are confident we will achieve double
    digit market share of the European 5Occ scooter market next calendar year," Orbital's CEO, Peter
    Cook. said.
    Synerject, the JV between Orbital and Siemens VDO, is the supplier of the fuel systems to each of
    these models. In addition to these products, Synerject is also supplying port injection (PI) systems to
    these and other customers. These include the feugeot Elystar 125 and 15Occ models, the SanYang
    150 cc and the recently released Kymco 125cc. The direct injection and port injection fuel systems are
    complementary across a manufacturer's range, providing efficiencies and economies of scale for
    Orbifal is a leading international developer of engine technologies ushg direct in-cylinder fuel injection
    and lean-burn systems for enhanced fuel economy and lower emissions. The company serves the
    worldwide aufomofive, marine, recreafional and motorcycle markets. Headquadwed in Perth, Western
    Alrsfralia, Orbital stock is fraded on the Alrsfralian Stock Exchange (OEC), the NewYork Stock
    Exchange (OE) as well as the Berlin (ORE) and Frankfurt (OREA) Exchanges.
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