In 1989, the government offered an industry support package of A$1516.5 million, which Sarich declined, and he proceeded to make arrangements to establish operations in the United States. He floated Orbital Engine Corporation in the US via an initial public offering that raised A$113.8 million in 1992 and the company began trading on the New York Stock Exchange.
In 1989, the government offered industry assistance worth A$1516.5 million, which Sarich rejected. He proceeded to set up operations in the United States. In 1992, he launched Orbital Engine Corporation through an initial public offering that raised A$113.8 million and began trading on the New York Stock Exchange.