Orbit International’s Power Group Reports Bookings of Approximately $1,000,000 for the Month of May 2025

Rhea-AI Summary

Orbit International Corp (OTC PINK:ORBT) reported bookings of approximately $1,000,000 for its Power Group (OPG) in May 2025. The orders include over $800,000 in VPX power supplies, demonstrating continued strong demand following record bookings in 2024. Deliveries have begun and will continue through Q4 2026. CEO Mitchell Binder noted that while a significant follow-on order has been delayed from H1 2025 to H1 2026, the company continues to receive both follow-on orders from existing customers and initial prototype orders from new customers. The company, through its Electronics Group, develops custom electronic solutions for military, industrial, and commercial applications at facilities in Hauppauge, NY and Carson, CA. The Power Group specializes in VPX, COTS, and commercial power supplies.

Positive

• Secured $1 million in new bookings for May 2025
• VPX power supplies orders totaled over $800,000
• Continued receipt of follow-on orders from existing customers
• Expanding customer base with new prototype orders
• Deliveries already commenced with visibility through Q4 2026

Negative

• Significant follow-on order delayed from H1 2025 to H1 2026
• Uncertainty in timing of military awards noted by management

Bookings for VPX Power Supplies Remain Strong in 2025

HAUPPAUGE, N.Y., June 05, 2025 (GLOBE NEWSWIRE) -- Orbit International Corp. (the “Company”) (OTC PINK:ORBT), an electronics manufacturer and software solution provider, today announced that bookings for its Orbit Power Group (“OPG”) for the month of May 2025 were approximately $1,000,000. Deliveries for these orders have already commenced 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 very strong bookings for our OPG during the month of May 2025. Bookings for the month were highlighted by orders for VPX power supplies totaling over $800,000. Bookings for our VPX power supplies continue to be strong in 2025 after record bookings for this technology in 2024, and despite the delay of a significant follow-on order. This order was expected in the first half of 2025 and is now expected in the first half of 2026, however, the timing of receipt of military awards is always an uncertainty. We remain encouraged by the progress of this technology as we continue to receive follow-on orders from our customer base along with initial prototype orders from both existing and new customers as we develop additional features for this technology.”

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 was the total booking value for Orbit International's Power Group in May 2025?

Orbit International's Power Group reported bookings of approximately $1,000,000 for May 2025.

How much of ORBT's May 2025 bookings were for VPX power supplies?

VPX power supplies orders totaled over $800,000 of the total $1 million bookings for May 2025.

When will the deliveries for Orbit International's May 2025 orders be completed?

Deliveries have already begun and are expected to continue through the fourth quarter of 2026.

What caused the delay in Orbit International's follow-on order?

The press release does not specify the cause of the delay, only stating that the significant follow-on order was moved from first half 2025 to first half 2026.

Where are Orbit International's production facilities located?

Orbit International has production facilities in Hauppauge, NY and Carson, CA, with the Power Group also located in Hauppauge, NY.