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Orion Announces up to $7M in LED Lighting and Electrical Infrastructure Engagements with Three Major Automotive Industry Customers

1. Orion secured $7M in contracts for LED lighting services. 2. Engagements involve major North American automotive customers. 3. CEO Sally Washlow expects revenue growth to $84M in FY’26. 4. Long-term relationships with automakers drive increased demand. 5. Re-shoring of manufacturing facilities boosts infrastructure upgrade needs.

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FAQ

Why Bullish?

The new contracts indicate strong demand and revenue growth, reminiscent of past contract successes in sectors like construction, which positively impacted related stocks.

How important is it?

These developments indicate a growing demand for Orion's services, which is crucial for its market position.

Why Short Term?

Immediate revenue from contracts is expected to positively impact OESX's earnings in the upcoming fiscal year.

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MANITOWOC, Wis., July 30, 2025 (GLOBE NEWSWIRE) -- Orion Energy Systems, Inc. (NASDAQ: OESX) (Orion Lighting), a provider of energy-efficient LED lighting, electric vehicle (EV) charging stations and maintenance services solutions, today 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. Orion Chief Executive Officer Sally Washlow plans to review the company’s expanding automotive market leadership and growing new-business pipeline on its first quarter conference call on Wednesday, August 6, 2025. With Ms. Washlow now in her first full quarter as CEO, Orion expects to approach or achieve positive adjusted EBITDA on revenue growing to approximately $84M in FY’26. “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,” said Ms. Washlow. “The re-shoring, refurbishing and rebuilding of American manufacturing facilities is driving increased demand for installation, rebuilding and maintenance of LED lighting and Electrical Infrastructure. We are proud to build on these long term relationships to execute their LED lighting project needs as well as their electrical infrastructure improvements.” About Orion Energy SystemsOrion provides energy efficiency and clean tech solutions, including LED lighting and controls, electrical vehicle (EV) charging solutions, and maintenance services. Orion specializes in turnkey design-through-installation solutions for large national customers as well as projects through ESCO and distribution partners, with a commitment to helping customers achieve their business and environmental goals with healthy, safe, and sustainable solutions that reduce their carbon footprint and enhance business performance. Orion is committed to operating responsibly throughout all areas of our organization. Learn more about our sustainability and governance priorities, goals and progress here, or visit our website at www.orionlighting.com. Safe Harbor Statement   Certain matters discussed in this press release, are “forward-looking statements” intended to qualify for the safe harbor from liability established by the Private Securities Litigation Reform Act of 1995. These forward-looking statements may generally be identified as such because the context of such statements will include words such as “anticipate,” “believe,” “could,” “estimate,” “expect,” “intend,” “may,” “plan,” “potential,” “predict,” “project,” “should,” “will,” “would” or words of similar import. Similarly, statements that describe our future plans, objectives or goals, including business relationships with government customers, are also forward-looking statements. Such forward-looking statements are subject to certain risks and uncertainties that could cause results to differ materially from those expected including, but not limited to, the risks described in our filings with the Securities and Exchange Commission. Shareholders, potential investors and other readers are urged to consider risks and uncertainties carefully in evaluating the forward-looking statements and are cautioned not to place undue reliance on such forward-looking statements. The forward-looking statements made herein are made only as of the date of this press release and we undertake no obligation to publicly update any forward-looking statements, whether as a result of new information, future events or otherwise. More detailed information about factors that may affect our performance may be found in our filings with the Securities and Exchange Commission, which are available at http://www.sec.gov or at http://investor.oriones.com/ in the Investor Relations section of our Website. Except as required by applicable law, we assume no obligation to update any forward-looking statements publicly or to update the reasons why actual results could differ materially from those anticipated in any forward-looking statements, even if new information becomes available in the future. Engage with UsX: @OrionLighting and @OrionLightingIRStockTwits: @OESX_IR

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