Oxe Marine Secures Order for Engineering Works, Components

04:42 AM EDT, 07/10/2026 (MT Newswires) -- Oxe Marine (OXE.ST) secured an order from General Motors' GM Marine valued at $700,000, the first installment of a $1 million project. The diesel marine propulsion company will supply components and offer its engineering services to GM Marine, according to a Friday release. The partnership will also help further develop Oxe's patented lower leg drive technology. The order builds on an agreement in November 2025, where Oxe became a GM integrator and began the development of the Duramax LZ0 3.0 inline-6 engine.