Orion Announces $3M LED Lighting and Electrical Infrastructure Initiative At One of America’s Largest Food Distribution Companies

Rhea-AI Summary

Orion Energy Systems (NASDAQ: OESX) announced a $3 million LED lighting and electrical infrastructure engagement with one of the largest food-service distributors in the United States on January 5, 2026. The work covers deployments and upgrades at multiple facilities for a longtime enterprise customer that operates more than 150 facilities nationwide. Orion said the initiative expands an ongoing relationship and includes LED lighting and electrical infrastructure upgrades across several sites.

Positive

• $3.0M commercial engagement announced
• Customer operates more than 150 facilities — multi-site opportunity

Negative

• None.

Key Figures

Engagement value $3 million New LED lighting and electrical infrastructure initiative

Customer facilities 150 facilities Food-service distributor’s U.S. footprint mentioned in initiative

Market Reality Check

$17.00 Last Close

Volume Volume 41,005 is below 20-day average of 73,443 (relative volume 0.56x). low

Technical Shares trade above the 200-day MA, with price 14.93 vs MA 8.84.

Peers on Argus

Peers show mixed moves: FLUX +9.23%, IPWR +8.91%, EPOW +3.59%, CCTG +1.57%, APWC -1.08%, while OESX was down 2.93%, suggesting a stock-specific move relative to this positive $3M engagement.

Historical Context

Date	Event	Sentiment	Move	Catalyst
Dec 08	Investor conference	Neutral	+10.7%	Participation in Singular Research’s 19th Annual Best of the Uncovereds Conference.
Nov 06	Investor conference	Neutral	+18.4%	Craig-Hallum Alpha Select Conference appearance and investor meeting availability.
Nov 05	Earnings update	Positive	-7.4%	Q2 FY2026 results with improved gross margin, EBITDA, and reiterated guidance.
Oct 28	Contract wins	Positive	-0.3%	Announcement of $4.7M LED and electrical engagements for two enterprise customers.
Oct 21	Contract renewal	Positive	-2.7%	Three-year $42M–$45M LED maintenance renewal for about 2,050 retail locations.

Pattern Detected

Positive operating and contract news has sometimes seen negative or muted price reactions, while conference participation headlines have coincided with strong gains.

Recent Company History

Over the last few months, Orion reported improving Q2 FY2026 profitability with $19.9M revenue and better gross margin, alongside reiterated FY 2026 growth guidance. It secured a $42M–$45M three-year maintenance renewal covering about 2,050 locations and announced $4.7M in LED engagements for two enterprise customers. Conference participation headlines in November–December 2025 coincided with notable gains. Today’s $3M engagement continues the theme of repeat enterprise business and multi-site project wins.

Market Pulse Summary

The stock surged +14.6% in the session following this news. A strong positive reaction aligns with Orion’s pattern of winning sizable, multi-site enterprise work, such as prior $4.7M engagements and a $42M–$45M maintenance renewal. The new $3M initiative reinforces that trajectory. However, past instances show that even good news sometimes saw later weakness, so investors may weigh execution on these contracts and overall revenue trends when assessing durability of any large move.

Key Terms

electric vehicle (ev) charging stations technical

"a provider of energy-efficient LED lighting, electric vehicle (EV) charging stations"

Electric vehicle (EV) charging stations are physical locations and equipment where battery-powered cars and trucks recharge, ranging from slow chargers at homes or workplaces to fast chargers along highways. They matter to investors because the availability and speed of charging act like gas stations for EVs—wider, faster networks boost vehicle sales, create new revenue streams for operators, shape real estate and utility demand, and are driven by policy and technology trends that affect many industries' growth prospects.

electrical infrastructure technical

"LED lighting and electrical infrastructure engagement for one of the leading food-service"

Electrical infrastructure is the network of equipment—like power lines, transformers, substations and control systems—that delivers electricity from generators to buildings and machines. For investors it matters because the condition, capacity and reliability of that system affect a business’s operating costs, risk of outages, ability to expand, and regulatory or upgrade spending; think of it as a company’s wiring and electrical panel that must be sound for growth and steady profits.

AI-generated analysis. Not financial advice.

MANITOWOC, Wis., Jan. 05, 2026 (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 that it has initiated a $3 million LED lighting and electrical infrastructure engagement for one of the leading food-service distributors in the United States.

The initiative consists of deployments and upgrades of LED lighting and electrical infrastructure at multiple facilities of one of Orion’s longtime enterprise customers. The food-service distributor operates more than 150 facilities in the United States.

“Our longtime ongoing relationship typifies how Orion serves so many of America’s largest and most important extended enterprises,” said Orion Chief Executive Officer Sally Washlow. “We are greatly appreciative that some of the most prominent industrial names in the U.S. rely on Orion on such a consistent basis.”

“The large number of facilities operated by this industry leader have a recurring need for installing and upgrading their LED lighting and electrical infrastructure at multiple locations at any one time,” said Orion Chief Operating Officer Scott Green. “Orion has enjoyed a very close partnership with this customer for a number of years, and it is gratifying to see it continue to grow.”

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 and ongoing system maintenance 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 here, or visit our website at www.orionlighting.com.

Safe Harbor Statement  
Certain matters discussed in this press release, are “forward-looking statements” 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 “anticipate,” “believe,” “could,” “estimate,” “expect,” “intend,” “may,” “plan,” “potential,” “predict,” “project,” “should,” “will,” “would” 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 http://www.sec.gov or at http://investor.oriones.com/ 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
Per Brodin, CFO	Robert Ferri
Orion Energy Systems, Inc.	Robert Ferri Partners
pbrodin@oesx.com	(415) 575-1589 / robert.ferri@robertferri.com

FAQ

What did Orion (OESX) announce on January 5, 2026?

Orion announced a $3 million LED lighting and electrical infrastructure engagement with a major U.S. food-service distributor.

How many facilities does the Orion customer operate for the OESX project?

The customer operates more than 150 facilities in the United States.

What services are included in the OESX $3M engagement?

The engagement covers deployments and upgrades of LED lighting and electrical infrastructure at multiple facilities.

Is the $3 million OESX contract with a new or existing customer?

The announcement states this is with a longtime enterprise customer of Orion.

Will the OESX engagement include EV charging or maintenance services?

The release specifies LED lighting and electrical infrastructure deployments and upgrades; it does not detail EV charging or maintenance for this engagement.

How might the multi-facility nature of the OESX project affect implementation timing?

The company described recurring, multi-location needs across many sites, indicating staged deployments across multiple facilities, though no schedule was provided.