Core Insights - Orion Energy Systems, Inc. has secured a $2 million contract to install four High Power DC EV chargers for the Massachusetts Department of Transportation (MassDOT) [1][2] - The installations are part of MassDOT's five-year plan to enhance EV charging infrastructure across the state, particularly at travel plazas along the Massachusetts Turnpike [2] - Orion's Voltrek division is also involved in a significant initiative to electrify Boston Public Schools' bus fleet, with a recent contract for 90 EV charging stations valued at $6.5 million [3] Company Developments - Orion has recently announced contracts with five major enterprise customers, totaling $15.5 million in revenue, indicating a strong growth trajectory [4] - The company aims to achieve positive adjusted EBITDA on projected revenue of approximately $84 million for FY 2026 [4] - Orion specializes in energy efficiency and clean tech solutions, including LED lighting and EV charging solutions, focusing on large national customers and projects through ESCO and distribution partners [5] Industry Context - The deployment of EV charging stations is a critical component of Massachusetts' strategy to increase the availability of charging infrastructure in both urban and rural areas [2] - Orion's role in MassDOT's EV infrastructure rollout positions the company as a trusted partner in a rapidly growing sector [4]