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Broadwind Awarded Strategic Order for Precision Components Supporting Power Generation

1. Broadwind secures its largest order of machined gearing products. 2. First quarter bookings exceed $2 million from a major OEM. 3. Increased demand for electrical infrastructure supports growth. 4. Investments in machining capabilities enhance competitive positioning. 5. CEO highlights potential for multi-year opportunities in power generation.

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FAQ

Why Bullish?

The significant order and increased bookings indicate strong market demand, reminiscent of prior successful quarters for BWEN when they met customer needs, driving share prices up.

How important is it?

The announcement of a large order reflects positively on BWEN's business model and market positioning, likely influencing investor sentiment and stock performance.

Why Long Term?

With ongoing investments and increasing market demand, BWEN is poised for sustained growth in the power generation sector, presenting long-term value.

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GEVestasSiemens
CICERO, Ill., April 02, 2025 (GLOBE NEWSWIRE) -- Broadwind (Nasdaq: BWEN, or the “Company”), a diversified precision manufacturer of specialized components and equipment serving global markets, today announced its largest order to date of precision machined gearing products for the power generation market. Including this latest order, bookings for products from this leading OEM of natural gas turbines exceed $2.0 million in the first quarter of 2025. Increasing demand for products supporting our nation’s electrical infrastructure is driving strong interest in our precision manufactured components. In response, the Company strategically enhanced its ability to move beyond traditional gearing by investing in industry leading machining capabilities, expanding its quality certifications including International Traffic in Arms Regulations (ITAR), Cybersecurity Maturity Model Certification (CMMC) and the AS9100 registration required for defense and aerospace applications. “This significant order with a leading OEM customer validates our strategy and recent investments,” stated Eric Blashford, President and CEO of Broadwind. “Through successful execution of this initial customer demand, we are well-positioned to grow in the overall power generation market, which represents a multi-year opportunity across all business units.” ABOUT BROADWIND Broadwind (Nasdaq: BWEN) is a precision manufacturer of structures, equipment and components for clean tech and other specialized applications. With facilities throughout the U.S., our talented team is committed to helping customers maximize performance of their investments—quicker, easier and smarter. Find out more at www.bwen.com.

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