Orbit International’s Power Group Reports Bookings in Excess of $1,400,000 for Month of July 2026
Rhea-AI Summary
Orbit International (OTCID Basic Market: ORBT) reported that its Power Group (OPG) booked in excess of $1,400,000 in orders during July 2026, with deliveries already underway and scheduled to continue through the second quarter of 2028. According to Orbit International, July bookings were driven mainly by increased demand for VPX power supplies, a sizable non-VPX COTS military order and various commercial orders.
The company stated that 2026 year-to-date OPG bookings are up 87.8% versus the same period in 2025, while VPX power supply bookings have risen approximately 81.3%. Management noted ongoing delays in Electronics Group (OEG) orders at the prime contractor or U.S. Government level and highlighted that proposals at Simulator Product Solutions are up 16.6% year-to-date, though bookings are down 10.3%, reflecting the timing of military award receipts.
Positive
- July 2026 OPG bookings exceed $1,400,000 with deliveries through Q2 2028
- 2026 year-to-date OPG bookings up 87.8% versus same period 2025
- VPX power supply bookings up approximately 81.3% year-to-date versus 2025
- Simulator Product Solutions proposals increased 16.6% year-to-date over prior year
Negative
- Electronics Group orders face delays at prime contractor or U.S. Government level
- Simulator Product Solutions bookings down 10.3% year-to-date due to award timing
- Significant follow-on VPX award still pending with uncertain timing
AI-generated analysis. How Rhea-AI works. Not financial advice.
Strong Demand Continues for VPX Power Supplies
HAUPPAUGE, N.Y., Aug. 06, 2026 (GLOBE NEWSWIRE) -- Orbit International Corp. (OTCID Basic Market:ORBT), an electronics manufacturer and software solution provider, today announced that its Power Group (“OPG”) recorded bookings in excess of
Mitchell Binder, President and CEO of Orbit International commented, “We are pleased to report bookings in excess of
Binder added, “Orders for our Electronics Group (“OEG”), particularly our Orbit Instrument division, continue to face delays at the prime or U.S. Government level. These delays are affecting sole source follow-on opportunities which are expected to be booked at some point in the near future. Several orders are expected in the month of August, assuming no further delay. It should be noted that the timing of the receipt of military awards is always an uncertainty. Although proposals for our Simulator Product Solutions LLC subsidiary have increased over the prior year by
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 AC power supplies, frequency converters, inverters, VME/VPX power supplies as well as various COTS power sources.
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’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 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's ability to control or predict. Important factors that may cause actual results to differ materially and that could impact Orbit International and the statements contained in this news release can be found in Orbit's reports posted with the OTC Disclosure and News service. For forward-looking statements in this news release, Orbit claims the protection of the safe harbor for forward-looking statements contained in the Private Securities Litigation Reform Act of 1995. Orbit 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
