Orion Energy Systems has secured up to $7M in LED lighting and electrical infrastructure engagements from three major automotive industry customers in North America. The engagements include deployments, upgrades, and ongoing managed services in several manufacturing and distribution facilities. Orion plans to review its expanding automotive market leadership and growing new-business pipeline on its first quarter conference call. The company expects to approach or achieve positive adjusted EBITDA on revenue growing to approximately $84M in FY'26.
Title: Orion Energy Systems Secures $7M in LED Lighting and Electrical Infrastructure Contracts
Orion Energy Systems (NASDAQ: OESX), a leading provider of energy-efficient LED lighting and electrical infrastructure solutions, has secured up to $7 million in contracts for LED lighting and electrical infrastructure deployments, upgrades, and ongoing managed services from three major automotive industry customers in North America [1]. This significant win underscores the company's growing market leadership and expanding pipeline in the automotive sector.
Under the leadership of CEO Sally Washlow, Orion Energy Systems expects to achieve or approach positive adjusted EBITDA on revenue growing to approximately $84 million in FY 2026. The contracts, which include deployments and upgrades at several manufacturing and distribution facilities, are part of a broader trend of manufacturing re-shoring and facility modernization in North America [1].
The contracts represent a substantial validation of Orion's strategy as a trusted provider to the automotive manufacturing sector. The recurring revenue from managed services and the established relationships with these prominent automakers are particularly valuable. Two of the three customers are global leaders, indicating high-quality revenue streams from blue-chip clients [1].
CEO Sally Washlow highlighted the importance of Orion's long-term relationships with these automakers, stating, "The decades-long trust in Orion we have built with automakers and other manufacturers is a key asset for our company as they contemplate broad-based upgrades in their plants" [1]. The re-shoring and modernization of manufacturing facilities are driving increased demand for LED lighting and electrical infrastructure solutions, positioning Orion to capitalize on this trend.
Orion Energy Systems will discuss its expanding automotive market leadership and growing new-business pipeline during its Q1 conference call on August 6, 2025. The company's strategic positioning in the market, combined with its proven track record, provides investors with visibility into future revenue streams and a clearer path to profitability [1].
References:
[1] https://www.stocktitan.net/news/OESX/orion-announces-up-to-7m-in-led-lighting-and-electrical-r7taeinwstim.html
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