Orion Energy Systems (OESX) Wednesday announced that it has commenced installing LED lighting for a federal agency, with current purchase orders totaling $3 million and potential for expansion. The project is set for completion in the first half of the company's FY 2026.
OESX is delivering a turnkey solution for a Southeastern U.S. facility, featuring BAA-compliant LED lighting retrofits, electrical upgrades, and project management. The project will boost energy efficiency and support modernization efforts.
This contract builds on Orion's ongoing government work, including a $9.6 million LED lighting retrofit for the Department of Defense in Europe.
Orion CEO Mike Jenkins emphasized the company's long-standing partnership with a federal entity, highlighting its commitment to enhancing energy efficiency in government facilities. He noted that the project reinforces Orion's expertise in delivering energy-efficient solutions that improve workplace environments and safety. Jenkins also expressed enthusiasm for contributing to the facility's remodel with BAA-compliant LED lighting and critical infrastructure upgrades.
OESX is currently trading at $0.8452 or 1.8313% higher on the Nasdaq Capital Market.
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May 08, 2026 15:50 ET Manufacturing and services sector survey results and labor market data from main economies were the highlight on the economics news front this week. Factory orders and jobs report dominated the news flow in the U.S. Similarly, industrial production data from German garnered attention in Europe. In Asia, purchasing managers’ survey results from China and the central bank decision from Australia were in focus.