Orion Secures $2 Million in LED Lighting Contracts with Automotive Manufacturer

Orion Energy Systems, Inc. (OESX) has secured two projects exceeding $2 million from a long-standing automotive OEM client to install and commission LED lighting systems in various U.S. manufacturing facilities. The projects, scheduled for completion by fiscal 2025, reflect Orion’s strong reputation in project management for energy-efficient lighting. The company expects revenue growth driven by new customer engagements and compliance with state regulations phasing out fluorescent lighting. Despite facing significant inflationary pressures, which have adversely affected its stock price over the past three months, OESX remains optimistic about its outlook in the lighting segment. The company currently holds a Zacks Rank of #2 (Buy).

Orion Secures $2 Million in LED Lighting Contracts with Automotive Manufacturer

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