Sono-Tek Wins $2.8 Million Order for Advanced Medical Device Coating Systems

Rhea-AI Summary

Sono-Tek (Nasdaq: SOTK) received a purchase order valued at over $2.8 million from a major U.S. medical device manufacturer for multiple advanced ExactaCoat MD systems. The order comes from an existing customer that is ramping up production and adds higher-capability systems alongside equipment already in use. Deliveries are expected to begin in early calendar 2026 and complete within the first half of 2026. The company noted this award is from a different customer than a $5 million medical device order announced last month, which broadens its base of multi-million-dollar opportunities.

This reinforces Sono-Tek’s position in medical device coatings and supports its strategy of scaling production of higher-value systems.

Positive

• $2.8M purchase order for ExactaCoat MD systems
• Deliveries scheduled from early 2026 through H1 2026
• Order from existing customer ramping up production
• Order is from a different customer than prior $5M win

Negative

• None.

News Market Reaction

-3.45% 2.1x vol

4 alerts

-3.45% News Effect

-11.2% Trough Tracked

-$2M Valuation Impact

$68M Market Cap

2.1x Rel. Volume

On the day this news was published, SOTK declined 3.45%, reflecting a moderate negative market reaction. Argus tracked a trough of -11.2% from its starting point during tracking. Our momentum scanner triggered 4 alerts that day, indicating moderate trading interest and price volatility. This price movement removed approximately $2M from the company's valuation, bringing the market cap to $68M at that time. Trading volume was elevated at 2.1x the daily average, suggesting increased selling activity.

Data tracked by StockTitan Argus on the day of publication.

MILTON, N.Y., Oct. 13, 2025 (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 over $2.8 million from a major U.S.based medical device manufacturer.

This order, placed by an existing customer which is ramping up production, includes multiple advanced ExactaCoat MD (Medical Device) systems. The ExactaCoat MD systems include expanded capabilities compared to Sono-Tek’s previously supplied equipment. These new systems will be installed in addition to the customer's existing Sono-Tek coating equipment, which will remain in production use. Deliveries of the new equipment are expected to begin in the beginning of calendar year 2026 and be completed within the first half of 2026.

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

"This award highlights the continued trust leading medical device manufacturers place in Sono-Tek as they scale production of innovative healthcare technologies. The addition of these higher-capability systems, complementing the Sono-Tek equipment already in use at this facility, underscores the value of our long-term customer relationships and the scalability of our coating platforms. Importantly, this order comes from a different customer than the $5 million medical device order we announced last month, further broadening our base of high-value opportunities."

This win reinforces Sono-Tek's strong position in the medical device sector, a critical growth driver in the Company's long-term strategy, and underscores its ability to capture repeat, multi-million-dollar orders from multiple leading manufacturers across the industry.

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.

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

What did Sono-Tek (SOTK) announce on October 13, 2025?

Sono-Tek announced a purchase order valued at over $2.8 million for multiple ExactaCoat MD systems.

When will Sono-Tek deliver the ExactaCoat MD systems from the $2.8 million order?

Deliveries are expected to begin in early 2026 and be completed within the first half of 2026.

Does the $2.8 million order expand Sono-Tek’s customer base for SOTK?

Yes; the company said the order is from a different customer than a prior $5 million medical device order announced last month.

What product did Sono-Tek sell in the $2.8 million order (SOTK)?

The order covers multiple advanced ExactaCoat MD medical device ultrasonic coating systems with expanded capabilities.

How does the $2.8M order affect Sono-Tek’s medical device strategy (SOTK)?

The company described the award as reinforcing its position in medical device coatings and supporting scaling to higher-value systems.