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
News Market Reaction – ORBT
In the Aug 7 session, ORBT gained 5.71%, reflecting a notable positive market reaction.
Data tracked by StockTitan Argus on the day of publication.
AI-generated analysis. How Rhea-AI works. Not financial advice.
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
Mitchell Binder, President and CEO of Orbit International commented, “We are pleased to report this approximately
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
