Core Insights - Orion Energy Systems, Inc. has announced a new Electrical Contracting and Infrastructure engagement worth $3.1 million with a large enterprise customer, focusing on EV Charging Stations [1][2] - This engagement follows an $11 million initiative from the previous year, indicating a strong ongoing relationship with the customer [2] - Orion is a key partner in the customer's multi-year modernization initiative, which includes upgrades to lighting and electrical infrastructure [3][5] Company Overview - Orion specializes in energy-efficient solutions, including LED lighting, EV charging stations, and maintenance services, aiming to help customers achieve business and environmental goals [6] - The company operates as a licensed electrical contractor in 45 states, enhancing its appeal to large enterprises seeking comprehensive facility solutions [4] Future Engagements - The new work is expected to lead to additional assignments for the same customer, highlighting the potential for continued revenue growth [2][5] - Orion's role is integral to the customer's ongoing modernization efforts, which encompass a wide range of facility requirements [5]
Orion Announces $3.1M Electrical Contracting Engagement at Large Extended Enterprise; New Scope of Work Represents Most Recent Follow-On Deployment for Longtime Customer