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Orbit International Corp. reports developments as an electronics manufacturer and software solution provider serving military, industrial and commercial applications. Company updates commonly cover consolidated bookings, order timing, deliveries, and operating results across the Orbit Electronics Group and Orbit Power Group.
Recurring subjects include VPX, COTS and commercial power supplies; custom electronic device and subsystem solutions; simulator-related work through Simulator Product Solutions LLC; and prototype or component orders through Q-Vio Corp. for defense handheld electronics programs. Coverage also reflects the contract-driven nature of Orbit's business, including follow-on opportunities, customer awards, and program delays.
Orbit International Corp. (OTCID:ORBT) announced that its Power Group (OPG) has secured two contract awards with a combined value of approximately $1.5 million. The contracts include a follow-on award for a COTS power supply for a U.S. Navy military program and an award for a VPX power supply.
Deliveries for these orders are scheduled to begin in Q2 2026 and continue through Q4 2026. This follows August bookings exceeding $1.7 million. The company's Orbit Instrument division is anticipating a significant U.S. Navy legacy program award, while both the Orbit Instrument division and Simulator Product Solutions LLC subsidiary continue pursuing various new and follow-on opportunities.
Orbit International (OTCID:ORBT) reported strong consolidated bookings of approximately $2.4 million for August 2025. The company's Orbit Power Group (OPG) contributed significantly with bookings exceeding $1.7 million, including a $1 million follow-on order and a $450,000 order for commercial power supplies used in military applications.
The company's Simulator Products Solutions (SPS) subsidiary showed firm bookings, while the Orbit Instrument division anticipates a significant U.S. Navy program award in the current quarter. Deliveries for August orders have begun and will continue through Q4 2026.
Orbit International Corp. (OTCID:ORBT) reported significant losses for Q2 2025, with net loss widening to $1.29 million ($0.39 per share) compared to a $201,000 loss in Q2 2024. Net sales declined to $5.21 million from $6.60 million year-over-year, while gross margin contracted to 26.9% from 29.5%.
For the first half of 2025, the company recorded a net loss of $3.44 million on sales of $9.94 million, compared to a $952,000 loss on $12.78 million sales in H1 2024. The company's backlog stood at $12.5 million as of June 30, 2025, up 4.2% from December 2024.
To address performance issues, Orbit has initiated cost reduction efforts at its SPS subsidiary, expected to yield $750,000 in annual savings. Management anticipates improved operating results in H2 2025 based on recent bookings improvements and delivery schedules.
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.
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.
Orbit International Corp. (OTC PINK:ORBT) has reported significant Q1 2025 bookings exceeding $4,700,000 through its Electronics Group (OEG). The orders comprise over $3,000,000 from OEG legacy business and more than $1,700,000 from their Simulator Product Solutions (SPS) subsidiary.
A notable highlight includes a previously announced follow-on contract exceeding $1,925,000 for U.S. Navy military program products. The SPS orders were achieved despite delays in several large contract opportunities, which are expected to materialize in Q2. Deliveries for these awards have commenced and will continue through Q2 2026.
The company's Orbit Power Group (OPG) reported strong performance in 2024, primarily driven by record bookings for VPX technology power supplies. Management expressed confidence in securing both follow-on business for VPX power supplies and developing new designs to expand their market presence in 2025.
Orbit International Corp. (OTC PINK:ORBT) reported its financial results for 2024, showing a reduced net loss of $646,000 ($0.19 per share) compared to $1,147,000 ($0.34 per share) in 2023. The company's EBITDA improved to $159,000 in 2024 from a loss of $407,000 in 2023.
Key financial highlights include:
- Net sales increased to $29,898,000 from $27,556,000
- Gross margin improved to 33.3% from 31.7%
- Q4 2024 net sales were $8,708,000 vs $7,173,000 in Q4 2023
- Backlog decreased to $12.0 million from $17.4 million year-over-year
The company's performance was notably impacted by a non-cash $445,000 deferred tax expense. Operating results improved in the second half of 2024, driven by higher sales and improved gross profit at the Simulator Product Solutions (SPS) subsidiary and the Orbit Power Group (OPG). The company maintains access to a $4,000,000 line of credit, with $850,000 borrowed as of December 31, 2024.
Orbit International Corp. (OTC PINK:ORBT) has secured a follow-on contract worth over $1,925,000 from a major defense contractor for its Electronics Group (OEG). The contract involves manufacturing products for a U.S. Navy military program, with deliveries scheduled from Q1 2026 through Q3 2026.
The contract, initially expected in Q3 2024, was delayed at the U.S. Government level. The customer has expressed confidence in the program's long-term continuity. Additionally, the company's Orbit Power Group (OPG) reported strong bookings in 2024, particularly in VPX technology power supplies, and expects continued growth in this segment through 2025 with both follow-on business and new designs.