Orion Secures Over $2 Million in LED Lighting Retrofit Projects from Leading U.S. Automotive OEM


MANITOWOC, Wis., Sept. 18, 2024 (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 it has been awarded projects totaling more than $2 million from a longstanding automotive OEM customer. These projects encompass the project management, installation, and commissioning of LED lighting systems across multiple manufacturing facilities in the United States.

Orion’s selection for this project highlights the company’s established reputation for excellence in LED lighting system project management. The upcoming LED upgrades are designed to enhance energy efficiency and support the customer’s sustainability and workplace safety objectives.

“We are honored to extend our 18-year relationship with this valued automotive partner,” stated Michael Jenkins, Orion CEO. “Their long-standing trust and appreciation of Orion’s LED lighting technology and electrical systems knowledge, combined with our turnkey project management and installation services, was pivotal in their choosing us for these projects. This is a testament to our commitment to delivering excellent customer experiences while advancing energy efficiency and sustainability goals.”

Orion expects to complete the projects before the close of its FY 2025 year ending March 31, 2025. Orion has already received purchase orders for the first project, and the second project is scheduled to begin in Orion’s fiscal Q3.

About Orion Energy Systems
Orion 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, 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 goals and progress here, or visit our website at www.orionlighting.com.

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Marketing Contact
Steve Paulus, Director, Marketing and Communications
Orion Energy Systems, Inc.
spaulus@oesx.com
(920) 239-8007
 
Investor Relations Contacts
Per Brodin, CFO William Jones; David Collins
Orion Energy Systems, Inc. Catalyst IR
pbrodin@oesx.com (212) 924 9800 or oesx@catalyst-ir.com