Orbit International’s Simulator Product Solutions LLC Subsidiary Reports April Bookings in Excess of $1,125,000
Orbit International's Simulator Product Solutions (SPS) subsidiary secured orders exceeding $1.125 million in April 2025, with deliveries scheduled through Q3 2025. This follows the Orbit Electronics Group's Q1 bookings of $4.7 million. The company's Orbit Power Group (OPG) reported strong performance in 2024, particularly in VPX technology power supplies, with expectations of continued growth in 2025 through follow-on business and new designs. Management is currently evaluating the impact of recent tariff announcements on product costs, especially for VPX power supplies.
La filiale Simulator Product Solutions (SPS) di Orbit International ha ottenuto ordini per oltre 1,125 milioni di dollari nell'aprile 2025, con consegne previste fino al terzo trimestre 2025. Questo segue le prenotazioni del primo trimestre 2025 del Gruppo Orbit Electronics, pari a 4,7 milioni di dollari. Il Gruppo Orbit Power (OPG) ha registrato un'ottima performance nel 2024, in particolare nelle alimentazioni VPX, con aspettative di crescita continua nel 2025 grazie a nuovi ordini e nuovi progetti. La direzione sta valutando l'impatto delle recenti tariffe sui costi dei prodotti, soprattutto per le alimentazioni VPX.
La filial Simulator Product Solutions (SPS) de Orbit International aseguró pedidos por más de 1,125 millones de dólares en abril de 2025, con entregas programadas hasta el tercer trimestre de 2025. Esto sigue a las reservas del primer trimestre de 2025 del Grupo Orbit Electronics, que alcanzaron los 4,7 millones de dólares. El Grupo Orbit Power (OPG) reportó un sólido desempeño en 2024, especialmente en fuentes de alimentación con tecnología VPX, y se espera un crecimiento continuo en 2025 gracias a negocios adicionales y nuevos diseños. La gerencia está evaluando el impacto de los recientes anuncios de aranceles en los costos de los productos, especialmente para las fuentes VPX.
Orbit International의 자회사 Simulator Product Solutions(SPS)는 2025년 4월에 112만 5천 달러 이상의 주문을 확보했으며, 납품은 2025년 3분기까지 예정되어 있습니다. 이는 Orbit Electronics Group의 2025년 1분기 470만 달러 예약에 이은 성과입니다. Orbit Power Group(OPG)은 2024년에 특히 VPX 기술 전원 공급 장치 분야에서 강력한 실적을 기록했으며, 후속 사업과 신규 설계를 통해 2025년에도 지속적인 성장이 기대됩니다. 경영진은 최근 관세 발표가 특히 VPX 전원 공급 장치 제품 비용에 미치는 영향을 평가 중입니다.
La filiale Simulator Product Solutions (SPS) d'Orbit International a obtenu des commandes dépassant 1,125 million de dollars en avril 2025, avec des livraisons prévues jusqu'au troisième trimestre 2025. Ceci fait suite aux réservations du premier trimestre 2025 du groupe Orbit Electronics, s'élevant à 4,7 millions de dollars. Le groupe Orbit Power (OPG) a rapporté une solide performance en 2024, notamment dans les alimentations VPX, avec des prévisions de croissance continue en 2025 grâce à des affaires complémentaires et de nouvelles conceptions. La direction évalue actuellement l'impact des récentes annonces tarifaires sur les coûts des produits, en particulier pour les alimentations VPX.
Die Tochtergesellschaft Simulator Product Solutions (SPS) von Orbit International sicherte im April 2025 Aufträge im Wert von über 1,125 Millionen US-Dollar, mit Lieferungen bis zum dritten Quartal 2025. Dies folgt auf die Buchungen des Orbit Electronics Group im ersten Quartal 2025 in Höhe von 4,7 Millionen US-Dollar. Die Orbit Power Group (OPG) verzeichnete 2024 eine starke Leistung, insbesondere bei VPX-Technologie-Netzteilen, und erwartet für 2025 weiteres Wachstum durch Folgeaufträge und neue Designs. Das Management bewertet derzeit die Auswirkungen der jüngsten Zollankündigungen auf die Produktkosten, insbesondere bei VPX-Netzteilen.
- None.
- Uncertainty in timing of military awards
- Potential impact of new tariffs on product costs, particularly VPX power supplies
HAUPPAUGE, N.Y., May 06, 2025 (GLOBE NEWSWIRE) -- Orbit International Corp. (OTC PINK:ORBT), an electronics manufacturer and software solution provider, today announced that its Simulator Product Solutions LLC (“SPS”) subsidiary received orders during the month of April of 2025 totaling in excess of
Mitchell Binder, President and CEO of Orbit International commented, “We are pleased to report SPS bookings in excess of
Binder added, “We continue to be very confident in the progress of our Orbit Power Group (“OPG”). We recorded a very firm booking year in 2024, principally due to record bookings for power supplies utilizing our VPX technology. We continue to be confident that in 2025, we will continue to both receive follow-on business for our VPX power supplies and deliver new designs that will expand our reach in the marketplace for this technology. We are monitoring the recent tariff announcements and are evaluating their impact on the cost of our product and in particular our VPX power supplies.”
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
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