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Orbit Technologies (XTAE:ORBI) Research & Development : ₪3.9 Mil (TTM As of Jun. 2023)


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What is Orbit Technologies Research & Development?

Research & Development is the aggregate amount of research and development expenses during the year. Orbit Technologies's Research & Development for the three months ended in Jun. 2023 was ₪2.0 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Jun. 2023 was ₪3.9 Mil.


Orbit Technologies Research & Development Historical Data

The historical data trend for Orbit Technologies's Research & Development can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Orbit Technologies Research & Development Chart

Orbit Technologies Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Research & Development
Get a 7-Day Free Trial 15.88 13.26 13.63 13.82 13.29

Orbit Technologies Quarterly Data
Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Mar22 Jun22 Dec22 Mar23 Jun23
Research & Development Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 2.33 3.69 - 1.94 1.96

Orbit Technologies Research & Development Calculation

This is the expense the company spent on research and development.

Research & Development for the trailing twelve months (TTM) ended in Jun. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was ₪3.9 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Orbit Technologies  (XTAE:ORBI) Research & Development Explanation

If competitive advantage is created by a patent or tech advantage, at some point it will disappear.

High R&D usually dictates high SG&A which threatens the competitive advantage.


Orbit Technologies Research & Development Related Terms

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Orbit Technologies (XTAE:ORBI) Business Description

Traded in Other Exchanges
N/A
Address
8D Hatzoran Street, PO Box 8657, Netanya, ISR, 4250608
Orbit Technologies Ltd is an Israel based company engages in the provision of Satellite Communications Systems, Tracking and Telemetry Systems and Communication Management Systems for Airborne, Marine, and Ground vessels, in both Commercial and Military applications. Its activities are divided into below the main business lines. The Mobile Satcom business line offers marine, air, train, and land mobile satcom systems that are used for television reception and for data applications such as Internet and video. Its Tracking business line provides full solutions for tracking low orbiting satellites, aircraft, UAVs, and missiles.

Orbit Technologies (XTAE:ORBI) Headlines

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