Orion Energy (OESX) Systems announced that it has secured LED lighting and Electrical Infrastructure engagements representing revenue of up to $7M in FY 2026 from long-time automotive industry customers in North America. Orion’s automotive-industry engagements – consisting of deployments and upgrades of LED Lighting and Electrical Infrastructure, along with ongoing managed services – have begun in several manufacturing and distribution facilities in North America. The facilities are owned primarily by three major automotive industry customers, including two global leaders that are among the most prominent automakers in North America. The engagements are part of an ongoing updating of the LED lighting and electrical infrastructure of manufacturing and distribution facilities operated by all three customers. The contracts illustrate Orion’s long-term incumbency as a key lighting and electrical contracting provider to the top tier of North America’s automakers.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on OESX:
- Orion Energy’s Earnings Call: Mixed Sentiment and Future Growth
- Orion Energy Risks NASDAQ Delisting: Reverse Stock Split Considered Amid Compliance Struggles
- Orion Energy price target lowered to $1.50 from $2 at Craig-Hallum
- Orion Energy price target lowered to $2 from $3 at H.C. Wainwright
- Orion Energy Reports FY’25 Results and FY’26 Outlook