Orbit International’s Power Group Receives Follow-On Power Supply Order for Approximately $1,000,000

Rhea-AI Summary

Orbit International Corp. (OTCID:ORBT) has secured a follow-on order worth approximately $1,000,000 for a commercial power supply used in military applications. The order, received by the company's Orbit Power Group (OPG), will begin deliveries in Q1 2026 and continue through Q4 2026.

This follows a similar order exceeding $1,000,000 received in March 2024, which is expected to complete deliveries in the current quarter. The company reports strong momentum in VPX power supplies, following record bookings in 2024, and continues to pursue additional opportunities in this segment for 2025.

Positive

• Secured new $1,000,000 follow-on order for military application power supplies
• Previous similar order from March 2024 exceeded $1,000,000
• Strong VPX power supply bookings momentum following record performance in 2024

Negative

• Delivery timeline extends into late 2026, indicating long revenue recognition cycle
• Timing of future VPX awards remains uncertain and outside company control

Outlook for Bookings for VPX Power Supplies Remain Strong in 2025

HAUPPAUGE, N.Y., Aug. 07, 2025 (GLOBE NEWSWIRE) -- Orbit International Corp. (the “Company”) (OTCID Basic Market:ORBT), an electronics manufacturer and software solution provider, today announced that its Orbit Power Group (“OPG”) received an approximately $1,000,000 follow-on order for a commercial power supply used in a military application. Deliveries for this order will commence in the first quarter of 2026 and are expected to continue through the fourth quarter of 2026.

Mitchell Binder, President and CEO of Orbit International commented, “We are pleased to report this approximately $1,000,000 follow-on order for our commercial supply that is used in a military application. Over the past several years, we have received several follow-on orders for this power supply. The initial award from this customer, for this same power supply and particular military application was received in March 2024 and was in excess of $1,000,000 with deliveries expected to be completed during the current quarter. In addition, we are continuing to bid on several new and follow-on opportunities for our VPX power supplies. Although the timing of the receipt of these awards remains out of our control, we are encouraged by the breadth of opportunities and remain hopeful that VPX bookings will continue to be strong in 2025 after record bookings for this technology in 2024.”

Orbit International Corp., through its Electronics Group, is involved in the development and manufacture of custom electronic device and subsystem solutions for military, industrial and commercial applications through its production facilities in Hauppauge, NY and Carson, CA. Orbit’s Power Group, also located in Hauppauge, NY, designs and manufactures a wide array of power products including VPX, COTS (Commercial-off-the-shelf) and commercial power supplies.

Certain matters discussed in this news release and oral statements made from time to time by representatives of the Company including, statements regarding our expectations of Orbit International Corp.’s operating plans, deliveries under contracts and strategies generally; statements regarding our expectations of the performance of our business; expectations regarding costs and revenues, future operating results, additional orders, future business opportunities and continued growth, may constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 and the Federal securities laws. Although Orbit International Corp. believes that the expectations reflected in such forward-looking statements are based upon reasonable assumptions, it can give no assurance that its expectations will be achieved.

Forward-looking information is subject to certain risks, trends and uncertainties that could cause actual results to differ materially from those projected. Many of these factors are beyond Orbit International Corp.’s ability to control or predict. Important factors that may cause actual results to differ materially and that could impact Orbit International Corp. and the statements contained in this news release can be found in Orbit International Corp.’s reports posted with the OTC Disclosure and News service. For forward-looking statements in this news release, Orbit International Corp. claims the protection of the safe harbor for forward-looking statements contained in the Private Securities Litigation Reform Act of 1995. Orbit International Corp. assumes no obligation to update or supplement any forward-looking statements whether as a result of new information, future events or otherwise.

CONTACT
David Goldman
Chief Financial Officer
631-435-8300

FAQ

What is the value of Orbit International's latest power supply order?

Orbit International received an approximately $1,000,000 follow-on order for commercial power supplies used in military applications.

When will ORBT deliver the new power supply order?

Deliveries will begin in the first quarter of 2026 and continue through the fourth quarter of 2026.

How did Orbit International's VPX power supply business perform in 2024?

The company achieved record bookings for VPX power supply technology in 2024.

What was the value of ORBT's previous power supply order from March 2024?

The March 2024 order was in excess of $1,000,000 and is expected to complete deliveries in the current quarter.

What is Orbit International's outlook for VPX power supplies in 2025?

The company remains optimistic about VPX bookings in 2025, citing a broad range of opportunities, though timing of awards remains uncertain.