Sono-Tek Announces $820K Order for Diagnostic Medical Device Coating Systems

Sono-Tek (Nasdaq: SOTK) received a purchase order for $820,000 of ultrasonic coating equipment to be used in production of diagnostic medical devices.

Rhea-AI Summary

Sono-Tek (Nasdaq: SOTK) received a purchase order for $820,000 of ultrasonic coating equipment to be used in production of diagnostic medical devices. The order, placed through a subcontractor, scales an existing customer from earlier systems and is expected to ship in fiscal 2027.

The system deposits an electronically active layer, represents higher throughput and average selling price versus prior units, and comes from a different customer than earlier $5.0M and $2.8M medical device orders.

Positive

• $820,000 purchase order for diagnostic device coating system
• Order signals customer scale-up from earlier $175k–$190k production systems
• Order comes from a different customer than prior $5.0M and $2.8M awards

Negative

• Order size of $820,000 is smaller than previously announced $5.0M and $2.8M orders
• System is expected to ship in fiscal 2027, deferring revenue recognition into a later fiscal period

Argus Mar 11 session

+3.65% close to close Open Argus

Details

News Market Reaction – SOTK

On Mar 11, the day this news came out, SOTK closed 3.65% above the previous close.

Data tracked by StockTitan Argus for the Mar 11 session.

Key Figures

Order value: $820,000 Prior system price (low): $175,000 Prior system price (high): $190,000 +3 more

Order value

$820,000

Coating equipment for diagnostic medical devices

Prior system price (low)

$175,000

Earlier Sono-Tek production system for same customer

Prior system price (high)

$190,000

Earlier Sono-Tek production system for same customer

Previous medical order

$5.0 million

Earlier medical device coating systems order from different customer

Previous medical order

$2.8 million

Previously announced medical device system order from different customer

Shipment timing

Fiscal year 2027

Expected shipping window for new coating system

Historical Context

4 past events · Latest: Jan 13

4 events

1. Jan 13

   Earnings update

   24h Move

   -0.5%

   Q3 FY26 results with 50% gross margin, higher net income, record backlog.

2. Oct 14

   Earnings update

   24h Move

   -3.6%

   Record first-half FY26 revenue, rising net income, 50%+ gross margins, strong backlog.

3. Oct 13

   Large order win

   24h Move

   -3.5%

   Over $2.8M order for ExactaCoat MD systems from major U.S. medical customer.

4. Oct 07

   Conference call notice

   24h Move

   -1.0%

   Announcement of schedule and access details for upcoming earnings call.

24h Move is the share-price change in the day after each event; other market factors may also have contributed.

Key Terms

ultrasonic coating systems, diagnostic medical devices, electronically active layer

3 terms

ultrasonic coating systems technical

"Sono-Tek Corporation (Nasdaq: SOTK), the leading developer and manufacturer of ultrasonic coating systems"

Ultrasonic coating systems are manufacturing machines that use high‑frequency vibrations to turn liquids into extremely fine droplets, then lay them down as thin, even films on products like electronics, medical devices, or packaging. For investors, they matter because the technology can improve product performance and yield while cutting material waste and production costs—think of painting with a fine, precise spraygun instead of a messy brush—so companies using it may gain quality or efficiency advantages.

diagnostic medical devices medical

"coating equipment to be used in the production of diagnostic medical devices"

Tools and instruments used to detect, measure or monitor health conditions—ranging from lab tests and imaging machines to handheld point‑of‑care gadgets—that tell doctors whether someone is sick, how severe it is, or whether a treatment is working. Like a smoke detector for the body, these devices matter to investors because their accuracy, regulatory approval, market adoption and reimbursement determine a maker’s sales, growth prospects and risk profile.

electronically active layer technical

"involving the deposition of a specialized electronically active layer"

A thin region within a semiconductor, solar cell, display or similar electronic material where electrical charge is generated, moves, or is controlled — in other words, the part of a device that actually does the electronic work. Investors care because the properties of this layer largely determine a product’s speed, efficiency, lifetime and manufacturing yield; improving it is like upgrading an engine, meaning better performance, lower costs and stronger competitive advantage.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Follows Previously Purchased Sono-Tek Systems as Customer Scales Up from Early Production

MILTON, N.Y., March 11, 2026 (GLOBE NEWSWIRE) -- Sono-Tek Corporation (Nasdaq: SOTK), the leading developer and manufacturer of ultrasonic coating systems, today announced that it has received a purchase order valued at $820,000 for coating equipment to be used in the production of diagnostic medical devices.

The order, placed through a subcontractor integrating Sono-Tek’s technology into a larger automated manufacturing line, reflects the continued scaling of production by an existing customer in the medical sector. The system will support a diagnostic-related application involving the deposition of a specialized electronically active layer and represents a significant expansion in production capability compared to earlier equipment supplied by Sono-Tek. The system is expected to ship during fiscal year 2027.

Steve Harshbarger, President and CEO of Sono-Tek, commented:

“This order reflects the continued progression of our relationship with this customer as they scale their manufacturing capabilities. The customer previously purchased two Sono-Tek production systems priced between $175,000 and $190,000 as they began scaling early production. This latest order represents a meaningful step forward in both system capability and throughput, and demonstrates our strategy of supporting customers as they transition toward larger, more complex production platforms with higher average selling prices.”

This award further reinforces Sono-Tek’s continued success in the medical device sector, a key growth driver in the Company’s long-term strategy. Importantly, this order is from a different customer than the previously announced $5.0 million and $2.8 million medical device system orders, highlighting the Company’s expanding footprint across multiple production programs within the broader medical sector. The Company believes this program may lead to additional opportunities with this customer as production continues to expand, including potential future orders for larger integrated coating systems that further increase average selling prices.

About Sono-Tek

Sono-Tek Corporation is the global leader in the design and manufacture of ultrasonic coating systems that are shaping industries and driving innovation worldwide. Our ultrasonic coating systems are used to apply thin films onto parts used in diverse industries including microelectronics, alternative energy, medical devices, advanced industrial manufacturing, and research and development sectors worldwide. Sono-Tek's inroads into the clean energy sector are showing transformative results in next-gen solar cells, fuel cells, green hydrogen generation, and carbon capture applications.

Our product line is rapidly evolving, transitioning from R&D to high-volume production machines with significantly higher average selling prices, showcasing our market leadership and adaptability. Our comprehensive suite of thin film coating solutions and application consulting services are expected to generate unparalleled results for our clients and help some of the world's most promising companies achieve technological breakthroughs and bring them to the market. We strategically deliver our products to customers through a network of direct sales personnel, carefully chosen independent distributors, and experienced sales representatives, ensuring efficient market reach across diverse sectors around the globe.

Our solutions are environmentally friendly, efficient and highly reliable, and enable dramatic reductions in overspray, savings in raw material, water and energy usage and provide improved process repeatability, transfer efficiency, high uniformity and reduced emissions.

Sono-Tek’s growth strategy is focused on leveraging its innovative technologies, proprietary know-how, unique talent and experience, and global reach to further develop thin film coating technologies that enable better outcomes for its customers’ products and processes.

Safe Harbor Statement

This news release contains forward looking statements regarding future events and the future performance of Sono-Tek Corporation that involve risks and uncertainties that could cause actual results to differ materially. These “forward-looking statements” are based on currently available competitive, financial and economic data and our operating plans. They are inherently uncertain, and investors must recognize that events could turn out to be significantly different from our expectations and could cause actual results to differ materially. These factors include, among other considerations, general economic and business conditions, including political, regulatory, tax, competitive and technological developments affecting our operations or the demand for our products; inflationary and supply chain pressures; continued strength of sales to the medical device market; continued private and public funding for the clean energy sector; continued strong demand for Sono-Tek’s suite of thin film coating solutions and application consulting services in the clean energy and other markets; maintenance of order backlog; evolving tariff policies; timely development and market acceptance of new products and continued customer validation of our coating technologies; adequacy of financing; capacity additions, the ability to enforce patents; maintenance of operating leverage; consummation of order proposals; completion of large orders on schedule and on budget; successful transition from primarily selling ultrasonic nozzles and components to a more complex business providing complete machine solutions and higher value subsystems; and realization of quarterly and annual revenues within the forecasted range of sales guidance. We undertake no obligation to update any forward-looking statement.

For more information

Sono-Tek Corp.
Stephen J. Bagley
Chief Financial Officer
Ph: (845) 795-2020
info@sono-tek.com

Investor Relations
Kirin Smith
PCG Advisory, Inc.
ksmith@pcgadvisory.com

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What is the value and purpose of Sono-Tek's March 11, 2026 order (SOTK)?

The order is valued at $820,000 for an ultrasonic coating system supporting diagnostic device production. According to the company, it will deposit an electronically active layer and integrate into a larger automated manufacturing line.

When will the $820,000 Sono-Tek (SOTK) system ship and affect revenue?

The system is expected to ship during fiscal 2027, delaying recognition until that period. According to the company, shipping timing aligns with the customer's scaling of production capacity.

How does the $820,000 order compare to previous Sono-Tek medical orders (SOTK)?

This order is smaller than recently announced $5.0M and $2.8M medical device orders. According to the company, it is from a different customer, indicating broader program adoption across multiple customers.

Did the customer previously purchase Sono-Tek systems before the $820,000 order (SOTK)?

Yes, the customer scaled from earlier Sono-Tek units priced between $175,000 and $190,000. According to the company, those initial systems supported early production before this larger-capability purchase.

Could the $820,000 Sono-Tek (SOTK) order lead to more business with the customer?

The company believes this program may generate additional opportunities for larger integrated systems as production expands. According to the company, continued scaling could increase average selling prices over time.