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Sono-Tek Announces Record $7.19 Million in Orders from Advanced Clean Energy Sector Customer

The two customer programs span alternative energy and medical devices, with most shipments currently expected during fiscal 2028.

(Moderate)

Sentiment and the balance of points

Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.

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Sono-Tek (SOTK) received three purchase orders totaling approximately $7.19 million from an existing clean energy customer for production-scale coating systems. The orders cover 10 systems for shipment to three geographic locations and represent the largest aggregate customer order in the company's history. They expand a multi-year relationship with a customer already operating Sono-Tek systems in advanced solar manufacturing.

Delivery is currently expected primarily during fiscal 2028, which begins March 1, 2027, but timing may vary with production schedules and customer requirements. Together with a previously announced medical diagnostic production line order of more than $3.6 million, the two programs account for more than $10.79 million in backlog. The majority is currently expected to ship during fiscal 2028; the programs involve different customers in alternative energy and medical devices.

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2 points · 1 major

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Rhea-AI gives every point it takes from this document a weight. Minor counts 1, Moderate 3 and Major 9, so one Major point outweighs several Minor ones. The bar adds up the weights on each side, and when neither side holds more than 65% of the total the balance reads Mixed.

It reads the document as published, with the same rules for every company, and it does not look at what the market expected or at how the stock traded, so a point can be objectively good on a day the stock falls.

Rhea-AI Sentiment measures something else, the tone of the wording.

0 major · 1 point

Hollow bars mark forward-looking points. How the balance works

Positive

  • Major pointThree orders totaling approximately $7.19 million cover 10 systems, Sono-Tek's largest aggregate customer order. 9.2% of market cap
  • Minor point. Forward-looking: it has not happened yet and may not happen.Two programs provide more than $10.79 million in backlog, with most shipments currently expected during fiscal 2028.

Negative

  • Minor point. Forward-looking: it has not happened yet and may not happen.Delivery timing may vary based on production schedules and customer requirements.
Argus 15 min delay 1 alert
+5.42% vs previous close $5.25 last price 0.0x rel. volume Open Argus
Details

Market move: SOTK +5.42% vs previous close. Clean energy contract award

$5.06 – $5.90 Day Range
$82.51M Market Cap

On Sep 30, the day this news came out, the latest delayed price for SOTK is 5.42% above the previous close. The latest delayed price is $5.25.

Data tracked by StockTitan Argus (15 min delayed). Upgrade to Gold for real-time data.

Key Figures

Order value: Approximately $7.19 million Production systems: 10 systems Backlog: More than $10.79 million +1 more
Order value
Approximately $7.19 million
Three purchase orders from an existing clean energy sector customer
Production systems
10 systems
Orders expected to be delivered primarily during fiscal 2028
Backlog
More than $10.79 million
Combined backlog from the clean energy and medical diagnostic programs
Expected delivery period
Fiscal 2028
The orders are currently expected to be delivered primarily during this fiscal year

Historical Context

1 past event · Latest: Aug 11
1 event
  1. Aug 11

    Medical production order

    24h Move
    +0.8%

    Prior $3.6 million medical diagnostic line order was expected to ship in fiscal 2028.

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

Key Terms

ultrasonic coating
1 terms
ultrasonic coating technical
"developer and manufacturer of ultrasonic coating systems"
Ultrasonic coating is a manufacturing technique that uses high‑frequency vibrations to turn liquids into a very fine mist or to assist precise deposition, creating ultra-thin, uniform layers on parts or devices. It matters to investors because it can raise product quality and consistency, lower material waste and production costs, and improve manufacturing scale and regulatory compliance—similar to using a fine spray nozzle to evenly paint delicate components rather than brushing them by hand.

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

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Three Orders for 10 Production Systems Combine to Represent Largest Order in Company History

Record Orders Significantly Increase Fiscal 2028 Revenue Visibility

MILTON, N.Y., Sept. 30, 2026 (GLOBE NEWSWIRE) -- Sono-Tek Corporation (Nasdaq: SOTK), the leading developer and manufacturer of ultrasonic coating systems, today announced that it has received three purchase orders totaling approximately $7.19 million from an existing customer in the clean energy sector. The orders include 10 production-scale coating systems for shipment to three different geographic locations and represent the largest aggregate customer order in Sono-Tek's history.

The orders continue a multi-year relationship with a customer that has successfully installed and operated Sono-Tek production systems for its advanced solar manufacturing process. The latest orders represent a significant expansion of the customer's use of Sono-Tek's proprietary ultrasonic coating technology and further demonstrate the progression of Sono-Tek systems from process development into high volume manufacturing applications.

The 10 systems are currently expected to be delivered primarily during Sono-Tek's 2028 fiscal year, which begins on March 1, 2027. Actual delivery timing may vary based on production schedules and customer requirements.

The new orders add significant clarity to Sono-Tek’s probable fiscal 2028 revenue. Together with the previously announced medical diagnostic production line order of more than $3.6 million, Sono-Tek now has more than $10.79 million in backlog from these two programs, with the majority currently expected to ship during fiscal 2028. With approximately five months remaining before fiscal 2028 begins, Sono-Tek has additional time to build even further upon this backlog. The two programs serve different customers in two key growth markets—alternative energy and medical devices.

Steve Harshbarger, President and CEO of Sono-Tek, commented: "These record orders represent an important milestone for Sono-Tek and a significant expansion of our relationship with this customer. Following the successful deployment of our technology in its advanced clean energy manufacturing process, the customer is now expanding its use of Sono-Tek production systems across three geographic locations."

"The size and scope of these orders demonstrate the significant opportunity created when customers successfully scale a proven process using Sono-Tek technology. They are also a strong example of our long-term growth strategy: supporting customers from process development through high-volume manufacturing with increasingly sophisticated production systems and higher average selling prices."

"Together with the more than $3.6 million medical diagnostic production line announced in August, we now have more than $10.79 million in backlog from these two programs that is currently expected to be delivered primarily during fiscal 2028. Importantly, these two major programs are for different customers serving two distinct markets. With approximately five months remaining before fiscal 2028 begins, we believe this provides significant early visibility into the coming fiscal year, while providing additional time to further build our fiscal 2028 backlog."

The latest orders continue to reinforce Sono-Tek's position in the alternative energy sector, a key component of the Company's long-term growth strategy. Sono-Tek's ultrasonic coating systems are being used in a growing range of clean energy applications, including next-generation solar cells, fuel cells, green hydrogen generation and carbon capture.

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-generation 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. Our comprehensive suite of thin film coating solutions and application consulting services helps customers achieve technological breakthroughs and successfully scale manufacturing from concept through production. We strategically deliver our products through a network of direct sales personnel, carefully chosen independent distributors, and experienced sales representatives, ensuring efficient market reach across diverse industries
worldwide.

Our solutions are environmentally friendly, efficient, and highly reliable, enabling dramatic reductions in overspray while reducing raw material, water, and energy consumption. They provide improved process repeatability, high transfer efficiency, exceptional coating 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 manufacturing 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 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 Corporation
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.

How large are Sono-Tek's new clean energy customer orders?

Sono-Tek received three purchase orders totaling approximately $7.19 million for 10 production-scale coating systems. The systems are for shipment to three geographic locations. The orders represent the largest aggregate customer order in the company's history.

When does Sono-Tek expect to deliver the 10 clean energy production systems?

Delivery is currently expected primarily during Sono-Tek's fiscal 2028, which begins March 1, 2027. Actual delivery timing may vary based on production schedules and customer requirements.

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