Speed Drive (“ASD”) technology has multiple use cases across a variety of industrial applications from electric vehicle motors to industrial pumping. Orbital is initially targeting the industrial pumping market, where the technology can be widely applied to both existing and newbuild centrifugal pumps and rod lift systems. Orbitals ASD's benefits include 1) significant savings: 30% maintenance cost reduction 2) increased efficiency: 50% power consumption reduction 3) carbon intensity reduction. In addition to industrial pumping, Orbital has active research in advanced power generation and thermal management.