Orion Announces EV Charger Installations in Two Locations for Massachusetts DOT; FY26 Growth Illustrated by $15.5M in Revenue from 5 Enterprise Customers Announced in the Last 3 Weeks
Orion Energy Systems (NASDAQ: OESX) announced two significant EV charging infrastructure projects in Massachusetts. The company is installing four High Power DC EV chargers for MassDOT at Barnstable and Plymouth service plazas, valued at $2 million.
Additionally, Orion's Voltrek division recently secured contracts for 90 EV charging stations with Boston Public Schools, worth $6.5 million, supporting the district's initiative to electrify 750 school buses. The company has announced $15.5 million in total contracts from five enterprise customers in the past three weeks.
Orion maintains its FY 2026 guidance of approximately $84 million in revenue and expects to approach or achieve positive adjusted EBITDA.
Orion Energy Systems (NASDAQ: OESX) ha annunciato due importanti progetti per infrastrutture di ricarica EV in Massachusetts. La societ脿 installer脿 quattro caricabatterie DC ad alta potenza per MassDOT presso le aree di servizio di Barnstable e Plymouth, per un valore di 2 milioni di dollari.
Inoltre, la divisione Voltrek di Orion ha recentemente ottenuto contratti per 90 stazioni di ricarica EV con le Boston Public Schools, del valore di 6,5 milioni di dollari, a supporto del piano del distretto di elettrificare 750 scuolabus. Negli ultimi tre settimane l鈥檃zienda ha annunciato contratti per un totale di 15,5 milioni di dollari da cinque clienti aziendali.
Orion conferma la sua guidance per l鈥檈sercizio 2026 intorno a 84 milioni di dollari di ricavi e prevede di avvicinarsi o raggiungere un EBITDA rettificato positivo.
Orion Energy Systems (NASDAQ: OESX) anunci贸 dos importantes proyectos de infraestructura de carga para veh铆culos el茅ctricos en Massachusetts. La compa帽铆a instalar谩 cuatro cargadores DC de alta potencia para MassDOT en las 谩reas de servicio de Barnstable y Plymouth, por un valor de 2 millones de d贸lares.
Adem谩s, la divisi贸n Voltrek de Orion consigui贸 recientemente contratos para 90 estaciones de carga EV con las Boston Public Schools, por un monto de 6,5 millones de d贸lares, apoyando la iniciativa del distrito de electrificar 750 autobuses escolares. En las 煤ltimas tres semanas la empresa ha anunciado contratos por un total de 15,5 millones de d贸lares provenientes de cinco clientes empresariales.
Orion mantiene su orientaci贸n para el a帽o fiscal 2026 en aproximadamente 84 millones de d贸lares de ingresos y espera acercarse o lograr un EBITDA ajustado positivo.
Orion Energy Systems (NASDAQ: OESX)電� 毵れ偓於旍劯旄犾棎靹� 欷戩殧頃� 鞝勱赴彀� 於╈爠 鞚疙攧霛� 頂勲鞝濏姼 霊� 瓯挫潉 氚滍憸頄堨姷雼堧嫟. 須岇偓電� MassDOT毳� 鞙勴暣 Barnstable瓿� Plymouth 靹滊箘鞀� 頂岆澕鞛愳棎 4旮办潣 瓿犾稖霠� DC 鞝勱赴彀� 於╈爠旮�毳� 靹れ箻頃橂┌, 瓿勳暯 臧�旃橂姅 200毵� 雼煬鞛呺媹雼�.
霕愴暅 Orion鞚� Voltrek 攵�氍胳潃 斓滉芳 氤挫姢韯� 瓿惦頃欔祼鞕� 90雽�鞚� 鞝勱赴彀� 於╈爠靻�鞐� 雽�頃� 瓿勳暯鞚� 觳搓舶頄堨溂氅�, 瓿勳暯 攴滊電� 650毵� 雼煬搿� 頃欔蛋鞚� 750雽� 鞀れ卡氩勳姢 鞝勱赴頇� 瓿勴殟鞚� 歆�鞗愴暕雼堧嫟. 歆�雮� 3欤� 霃欖晥 須岇偓電� 5臧� 旮办梾 瓿犼皾鞙茧攵�韯� 齑� 1550毵� 雼煬 攴滊鞚� 瓿勳暯鞚� 氚滍憸頄堨姷雼堧嫟.
Orion鞚� 鞎� 8400毵� 雼煬鞚� 毵れ稖鞚� 鞓堨儊頃橂姅 2026 須岅硠鞐半弰 臧�鞚措崢鞀�毳� 鞙犾頃橂┌, 臁办爼 EBITDA臧� 旮嶌爼鞝侅澊瓯半倶 攴胳棎 攴检爲頃� 瓴冹溂搿� 旮半寑頃橁碃 鞛堨姷雼堧嫟.
Orion Energy Systems (NASDAQ: OESX) a annonc茅 deux projets importants d鈥檌nfrastructure de recharge pour v茅hicules 茅lectriques dans le Massachusetts. La soci茅t茅 installera quatre chargeurs DC haute puissance pour le MassDOT aux aires de service de Barnstable et Plymouth, pour une valeur de 2 millions de dollars.
Par ailleurs, la division Voltrek d鈥橭rion a r茅cemment obtenu des contrats pour 90 stations de recharge EV avec les Boston Public Schools, pour un montant de 6,5 millions de dollars, soutenant l鈥檌nitiative du district visant 脿 茅lectrifier 750 bus scolaires. Au cours des trois derni猫res semaines, la soci茅t茅 a annonc茅 des contrats totalisant 15,5 millions de dollars aupr猫s de cinq clients d鈥檈ntreprise.
Orion maintient sa pr茅vision pour l鈥檈xercice 2026 诲鈥檈苍惫颈谤辞苍 84 millions de dollars de chiffre d鈥檃ffaires et s鈥檃ttend 脿 approcher ou atteindre un EBITDA ajust茅 positif.
Orion Energy Systems (NASDAQ: OESX) hat zwei bedeutende Projekte f眉r EV-Ladeinfrastruktur in Massachusetts bekanntgegeben. Das Unternehmen installiert vier Hochleistungs-DC-EV-Ladeger盲te f眉r MassDOT an den Servicepl盲tzen in Barnstable und Plymouth im Wert von 2 Millionen US-Dollar.
Dar眉ber hinaus hat Orions Voltrek-Sparte k眉rzlich Auftr盲ge 眉ber 90 EV-Ladestationen von den Boston Public Schools im Umfang von 6,5 Millionen US-Dollar gewonnen, um die Initiative des Bezirks zur Elektrifizierung von 750 Schulbussen zu unterst眉tzen. In den vergangenen drei Wochen hat das Unternehmen Auftr盲ge im Gesamtwert von 15,5 Millionen US-Dollar von f眉nf Unternehmenskunden bekanntgegeben.
Orion best盲tigt seine Prognose f眉r das Gesch盲ftsjahr 2026 von rund 84 Millionen US-Dollar Umsatz und erwartet, ein ann盲hernd positives oder positives bereinigtes EBITDA zu erreichen.
- Secured $2M contract with MassDOT for EV charger installations
- Won $6.5M contract with Boston Public Schools for 90 EV charging stations
- Achieved $15.5M in new contracts from 5 enterprise customers in 3 weeks
- FY2026 revenue guidance of $84M with expected positive adjusted EBITDA
- Strategic positioning as trusted partner for Massachusetts EV infrastructure
- None.
Insights
Orion's $2M MassDOT contract strengthens revenue visibility toward $84M FY26 target and path to profitability.
Orion's announcement provides concrete evidence of its revenue diversification strategy taking hold through its Voltrek division. The
The company's involvement in Massachusetts' EV infrastructure development extends beyond just the DOT project. Orion/Voltrek's participation in Boston Public Schools' electrification initiative (90 charging stations worth
From a financial perspective, management's reiteration of FY2026 guidance - approaching or achieving positive adjusted EBITDA on
MANITOWOC, Wis., Aug. 19, 2025 (GLOBE NEWSWIRE) -- Orion Energy Systems, Inc. (NASDAQ: OESX) (), a provider of energy-efficient LED lighting, electric vehicle (EV) charging stations and maintenance services solutions, today announced that it is installing four High Power DC EV chargers and related infrastructure at two sites for the Massachusetts Department of Transportation as part of a contract valued at
Orion鈥檚 Voltrek division is installing four High Power DC EV chargers for MassDOT at the Barnstable and Plymouth service plazas. The Orion/Voltrek installations are part of MassDOT鈥檚 five-year plan to deploy EV chargers throughout the Commonwealth, with a particular focus on travel plazas along the Massachusetts Turnpike. MassDOT is also involved in increasing the availability of charging stations in urban areas and other locations.
Orion/Voltrek is central to the deployment of EV charging stations and related infrastructure throughout Massachusetts. The company is also involved in dozens of installations for Boston Public Schools, which has plans to electrify
鈥淚t is gratifying have such a pivotal role in MassDOT鈥檚 extensive roll-out of EV Infrastructure,鈥� said Orion Chief Executive Officer Sally Washlow. 鈥淥ver several years, Orion/Voltrek has earned its place as a trusted partner in this critically important initiative by one of the most innovative state DOTs in the nation. We look forward to continuing to serve as the Massachusetts partner of choice for so much of the Commonwealth鈥檚 EV Charging, Infrastructure and Maintenance.鈥�
In the past three weeks, Orion has announced contracts with five major enterprise customers totaling
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 as well as projects through ESCO and distribution partners, 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 and governance priorities, goals and progress , or visit our website at .
Safe Harbor Statement
Certain matters discussed in this press release, are 鈥渇orward-looking statements鈥� intended to qualify for the safe harbor from liability established by the Private Securities Litigation Reform Act of 1995. These forward-looking statements may generally be identified as such because the context of such statements will include words such as 鈥渁nticipate,鈥� 鈥渂elieve,鈥� 鈥渃ould,鈥� 鈥渆stimate,鈥� 鈥渆xpect,鈥� 鈥渋ntend,鈥� 鈥渕ay,鈥� 鈥減lan,鈥� 鈥減otential,鈥� 鈥減redict,鈥� 鈥減roject,鈥� 鈥渟hould,鈥� 鈥渨ill,鈥� 鈥渨ould鈥� or words of similar import. Similarly, statements that describe our future plans, objectives or goals, including business relationships with government customers, are also forward-looking statements. Such forward-looking statements are subject to certain risks and uncertainties that could cause results to differ materially from those expected including, but not limited to, the risks described in our filings with the Securities and Exchange Commission.
Shareholders, potential investors and other readers are urged to consider risks and uncertainties carefully in evaluating the forward-looking statements and are cautioned not to place undue reliance on such forward-looking statements. The forward-looking statements made herein are made only as of the date of this press release and we undertake no obligation to publicly update any forward-looking statements, whether as a result of new information, future events or otherwise. More detailed information about factors that may affect our performance may be found in our filings with the Securities and Exchange Commission, which are available at or at in the Investor Relations section of our Website. Except as required by applicable law, we assume no obligation to update any forward-looking statements publicly or to update the reasons why actual results could differ materially from those anticipated in any forward-looking statements, even if new information becomes available in the future.
Engage with Us
X: @OrionLighting and @OrionLightingIR
StockTwits: @OESX_IR
| Investor Relations Contacts | 听 |
| Per Brodin, CFO | William Jones; David Collins |
| Orion Energy Systems, Inc. | Catalyst IR |
| [email protected] | (212) 924-9800 or [email protected] |
FAQ
What is the value of Orion Energy's recent MassDOT EV charger contract?
How many EV charging stations is OESX installing for Boston Public Schools?
What is Orion Energy's (OESX) revenue guidance for FY 2026?
How much new contract revenue has OESX announced in the past three weeks?
What is Boston Public Schools' electrification goal that Orion is supporting?
