Orion Energy Systems Lands Major LED Lighting Contracts

Orion Energy Systems Secures Significant LED Lighting Projects

Orion Energy Systems, Inc. (NASDAQ: OESX) has reached an impressive milestone by winning over $2 million in LED lighting retrofit projects from a major automotive OEM. This achievement highlights the growing commitment of Orion to deliver energy-efficient solutions that cater to the evolving needs of modern industries. The awarded projects involve comprehensive management, installation, and operation of advanced LED lighting systems in various manufacturing facilities.

Strengthening Relationships with Longstanding Clients

The selection of Orion for these projects emphasizes the company's established reputation for excellence in the energy efficiency sector. Orion has developed a strong relationship with the automotive OEM over the past 18 years. Michael Jenkins, the CEO of Orion, stated that this partnership is a testament to the customer's trust in Orion's expertise and the innovative solutions provided.

Project Scope and Goals

The scope of the projects includes the management and installation of state-of-the-art LED lighting systems across several manufacturing locations. By integrating Orion’s advanced technology, the automotive OEM aims to achieve heightened energy efficiency, bolster sustainability efforts, and enhance workplace safety. These upgrades are not only a vital part of modernizing the facilities but also play a significant role in supporting the company's broader sustainability objectives.

Project Timeline and Execution

Orion Energy Systems anticipates the successful completion of these projects ahead of the close of its fiscal year. With purchase orders already confirmed for the first project, the subsequent installation phase is set to initiate in Orion's fiscal Q3. This organized approach is part of Orion's promise to provide superior customer experiences while maintaining efficiency and effectiveness through its project management strategies.

About Orion Energy Systems, Inc.

Orion Energy Systems is a leader in energy-efficient solutions, specializing in LED lighting and electric vehicle (EV) charging systems. The company focuses on delivering turnkey solutions that cover design through to installation for large-scale clients across various sectors. With a commitment to reducing carbon footprints and promoting sustainability, Orion’s solutions are tailored to elevate business performance while ensuring safety and environmental responsibility.

Commitment to Corporate Responsibility

Orion is dedicated to being a socially responsible organization. The company actively works on its sustainability goals, aiming for significant reductions in environmental impact. By providing clean tech solutions, Orion not only meets the demands of its clients but also contributes positively to the communities in which it operates.

Engage with Orion Energy Systems

For those interested in following Orion’s progress or engaging with their initiatives, they are active on social media platforms like Twitter. You can follow their insights and updates at @OrionLighting. Additionally, our investor relations team continues to provide crucial information key to both current and potential investors.

Marketing and Investor Relations Contacts

For more personal inquiries, the marketing director, Steve Paulus, is available for direct communication regarding marketing and communications at Orion Energy Systems. For investor relations, reach out to Per Brodin, CFO, along with William Jones and David Collins for any investment-related queries. These contacts ensure that stakeholders can stay informed and connected with Orion's objectives and outcomes.

Frequently Asked Questions

What projects has Orion been awarded?

Orion has secured over $2 million in projects focused on LED lighting retrofits for a leading automotive OEM.

How long has Orion worked with its automotive partner?

Orion Energy Systems has had a working relationship with the automotive OEM for 18 years.

What are the benefits of these LED upgrades?

The LED upgrades aim to enhance energy efficiency, boost sustainability efforts, and ensure improved workplace safety.

When does Orion expect to complete the projects?

Orion plans to complete these projects before the conclusion of its fiscal year on March 31, 2025.

Who can I contact for more information about Orion?

For marketing inquiries, contact Steve Paulus. For investment-related questions, reach out to Per Brodin or the investor relations team.

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