Orion Energy Systems

Orion Energy Systems, Inc. (NASDAQ: OESX) (Orion Lighting), a provider of energy-efficient LED lighting, electric vehicle (EV) charging stations, and maintenance service solutions, announced today it has been selected to provide lighting retrofit solutions for a North American Building Products distributor covering over 400 locations. The project will commence in Orion’s Q3 FY25 and is anticipated to continue for several years. Orion values the total opportunity as $12 - $18M with about $1M anticipated for FY25.

The project encompasses site visits, lighting audits, fixture manufacturing, project management, and the installation and commissioning of industry-leading LED lighting systems across the customer’s national store footprint. Orion will provide a combination of LED high bays, strip fixtures, office troffers, and some exterior wall pack and area fixtures based on each location’s specific needs.

The lighting upgrade program is designed to substantially reduce the customer’s annual energy usage and carbon footprint from lighting, while also enhancing the lighting environment and safety of each location for the benefit of employees, customers and vendors.

“We are very pleased to build on our track record of helping large national accounts through turnkey LED lighting retrofit projects by winning this significant award from a new customer,” stated Michael Jenkins, Orion CEO. “We believe our ability to provide customers with state-of-the-art LED lighting products coupled with our turnkey installation capabilities continue to help simplify the execution of these large projects while providing the best possible outcomes in light levels, energy savings and carbon reductions for our clients.”

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 the signing of a 5-year contract extension with an existing major retail customer to supply all interior and exterior LED lighting fixtures for their expanding schedule of new store construction projects. Orion estimates the annual value of the contract to range between $4.5M to $6M for a total potential value of $23M-$30M. Initial product shipments are expected to commence in Orion’s fiscal 2025 third quarter.

Orion CEO Mike Jenkins stated, "It’s a privilege to be selected to illuminate the interior and exterior areas of this important long-term customer’s new stores over the next five years. This contract builds on our past work in executing a company-wide LED retrofit of the interior lighting systems in the customer’s retail stores. We are also proud to provide this customer with LED lighting preventative maintenance at approximately 2,000 locations nationwide.”

This contract is not Orion’s first with this retail giant. Orion previously completed a full LED retrofit across the client’s existing stores, which is a testament to the success of the partnership. The continued trust between both parties highlights Orion’s reliability and the superior quality of its products.

With shipments beginning in Orion’s third-quarter fiscal 2025, this deal promises to significantly boost the company’s financials. Given the consistent demand for energy-efficient lighting in commercial retail spaces, the contract aligns well with the ongoing expansion of green building initiatives. By playing a key role in the new store construction projects, Orion secures a steady revenue stream for years to come.

The new contract also expands Orion’s footprint across the country, with the company already providing LED lighting maintenance to over 2,000 of the client’s stores. This commitment to both installation and maintenance services showcases Orion’s comprehensive approach to customer satisfaction, setting it apart in a competitive market.

With this contract, Orion not only strengthens its financial position but also enhances its reputation as a trusted partner in the energy-efficient lighting sector.

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.

Orion Energy Systems, Inc. (NASDAQ: OESX) (Orion Lighting), a provider of energy-efficient LED lighting and controls, maintenance services, and electric vehicle (EV) charging station solutions, is proud to announce its latest line of LED lighting fixtures that are compliant with the Build America, Buy America (BABA) Act. These cutting-edge fixtures include LED High Bays, LED Strips, LED Strip Retrofits, LED Troffers, and LED Troffer Retrofits all manufactured at Orion’s state-of-the-art facility in Manitowoc, Wisconsin.

These new BABA Act-compliant LED lighting fixtures deliver DesignLights Consortium® efficiency while exceeding the Buy American Requirement established by the BABA Act. By incorporating Orion's BABA Act-compliant lighting fixtures in lighting infrastructure projects, non-Federal entity end users such as state governments, local governments, and public institutions of higher education, become eligible to receive federal funding through The Infrastructure Investment and Jobs Act (IIJA).

"We take pride in being a leader in American manufacturing and innovation within the lighting industry," stated Michael Jenkins, Orion CEO. "Our latest line of LED lighting fixtures that comply with the BABA Act not only guarantees our customers with high-quality, energy-efficient products but also unlocks federal funding opportunities that can significantly increase their ROI and sustainability."

For more information about Orion and its new range of BABA Act-compliant LED lighting fixtures, please visit our website or visit us at booth 790 at the Society of American Military Engineers 2023 Federal Small Business Conference in San Antonio, Texas from November 1-3, 2023, to view these products in person.

Orion Energy Systems, Inc. (Nasdaq: OESX) (Orion Lighting), a provider of energy-efficient LED lighting and controls, maintenance services, and electric vehicle (EV) charging station solutions, today announced the launch of its new TritonPro™ product category and new Harris exterior LED lighting products. The launch comprises five new cutting-edge products that provide proprietary Orion design, quality and value-pricing to expand the Company’s reach into new construction and retrofit markets and to meet requests from channel partners.

The new products are designed to provide unparalleled performance, efficiency, and in-field versatility to a broader array of customers and market segments. The new products are:

• TritonPro™ Compact Linear High Bay is a compact, state-of-the-art LED lighting fixture with a sleek design, minimal footprint, and unmatched performance. Offering powerful illumination and energy-saving capabilities, this fixture is perfect for high-ceiling indoor spaces such as warehouses, manufacturing units, and retail facilities.
• TritonPro™ LED Slimline Lumen Select Vaportight has a durable, waterproof construction engineered to deliver exceptional lighting performance in harsh environments. The product is ideal for use in parking garages, manufacturing facilities, and other demanding locations with a variety of lighting requirements.
• TritonPro™ LED Troffer Lumen Select is an innovative lighting solution offering on-site customizable light settings that is ideal for modern office spaces, educational settings, and healthcare facilities. Configurable for specific needs, it enhances user comfort and productivity while also ensuring energy efficiency.
• TritonPro™ LED Lumen Select Strip Retrofit is designed to replace outdated fluorescent lighting with ease. Providing exceptional illumination while reducing maintenance costs, it is an excellent choice for retail stores, supermarkets, and various commercial settings.

Harris Area Light Lumen Select is a high-performance outdoor LED lighting fixture designed for parking lots, pathways, and any large outdoor area. With field selectable capabilities and interchangeable optics lens options, it offers maximum on-site flexibility to match the needs of any environment, ensuring safety and security in previously dark outdoor areas.

"We are excited to expand the breadth and capability of our LED lighting solutions with these innovative new Orion-designed solutions," said Mike Jenkins, Orion CEO. "The TritonPro™ series expands our reach, value proposition and leadership in the lighting industry. These new products also reaffirm our commitment to driving innovation with cutting-edge technology, outstanding performance, and energy-efficient lighting solutions to meet an expanding range of applications for our customers.”

About Orion Energy Systems (www.orionlighting.com)
Orion provides energy efficiency and clean tech solutions including LED lighting and controls, maintenance services and electrical vehicle (EV) charging solutions. 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 ESG priorities, goals and progress here or visit our website.

Orion Energy Systems, Inc. (NASDAQ: OESX) (Orion Lighting), a provider of energy-efficient LED lighting and controls, maintenance services and electric vehicle (EV) charging station solutions, announced the signing of a significant 3-year LED lighting preventative maintenance contract with an existing major retail customer. This partnership involves the maintenance of LED lighting systems at approximately 2,000 locations nationwide, formalizing an existing maintenance service relationship.

The selection of Orion as the maintenance provider was driven by its national maintenance footprint and its proven ability to effectively organize, manage, and communicate large-scale projects involving multiple vendors across all 50 states. This capability will greatly reduce the customer's internal overhead dedicated to maintaining their lighting systems.

As a dependable partner, Orion is committed to promptly responding to maintenance requests, ensuring minimal disruptions to store operations. Orion’s proactive maintenance program will help the customer avoid interruptions and provide a seamless lighting experience for their retail customers.

"We are thrilled to be entrusted with this significant lighting maintenance contract for this highly respected retail customer," said Mike Jenkins, CEO at Orion. "With our expertise and nationwide coverage, we are confident in our ability to deliver exceptional service and ensure the optimal performance of the LED lighting systems at our customer’s retail locations across the country."

Orion's comprehensive approach to lighting maintenance, coupled with its highly skilled technicians and state-of-the-art equipment, will guarantee the highest level of service quality and reliability. By leveraging its industry-leading expertise and customer service commitment, Orion aims to exceed customer expectations and establish long-term partnerships built on trust and exceptional results.

About Orion Energy Systems
Orion provides energy efficiency and clean tech solutions, including LED lighting and controls, maintenance services and electrical vehicle (EV) charging solutions. 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 ESG priorities, goals and progress here or visit our website at www.orionlighting.com.