Orion Energy Systems announced a new $3.6 million contract to upgrade and install LED lighting and electrical infrastructure at a U.S. facility of a global leader in laboratory‑based testing services. The work began on March 3 2026 and will enhance the client’s power distribution and lighting systems, supporting the high‑tech, regulated environment in which the customer operates.
The contract is a continuation of Orion’s long‑standing relationship with the client and underscores the company’s strategic shift toward bundled electrical infrastructure services, including lighting, EV charging, and maintenance. Orion’s CEO, Sally Washlow, said, “Orion is known for serving the most advanced global leaders in a number of cutting‑edge domains. This customer is among the most esteemed innovators in its field. All of us at Orion are proud to count this international leader as one of our longtime customers.” The COO added, “Upgrading Electrical Infrastructure is one of the most critical activities in the vanguard of lab‑based testing. For years, this customer has relied on Orion to make sure that its Electrical Infrastructure can power its advancement of some of the world's most impactful commercial innovations.”
Financially, the contract adds a significant revenue stream to Orion’s portfolio. In Q3 FY2026, the company reported revenue of $21.1 million and a 30.9 % gross margin, a turnaround from a net loss of $1.5 million in Q3 FY2025. Orion’s FY2026 revenue guidance of $84 million–$86 million and FY2027 outlook of $95 million–$97 million reflect confidence in continued growth and margin expansion, driven in part by wins such as this contract.
This contract follows a $3.1 million electrical contracting engagement announced on February 17 2026, illustrating a pattern of repeat business and expansion of existing relationships. The company’s strategy to bundle electrical infrastructure services—LED lighting, EV charging, and maintenance—has been reinforced by these successive contracts, positioning Orion to capture a larger share of the electrification market in high‑tech, regulated sectors.
The $3.6 million win supports Orion’s broader turnaround and margin expansion strategy. By securing multi‑million dollar projects in its core high‑tech segments, the company is building a more resilient revenue base and demonstrating its ability to deliver integrated energy solutions. The contract’s contribution to revenue and margin growth signals that Orion’s focus on bundled services and strategic partnerships is translating into tangible financial results.
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