Orion Energy Systems Inc. (Orion Lighting) has announced the receipt of award notifications to retrofit three U.S. Government facilities with Orion LED lighting systems. Orion expects to record at least $1.4 million in revenue from these awards over the balance of its fiscal 2018 year ending March 31, 2018. The bulk of the revenue will be product sales, along with installation services and some engineering and professional services.
Orion is replacing legacy lighting systems at the government facilities with its LED lighting platforms and controls, in support of the customer’s environmental and energy efficiency goals. The customer expects to reduce its annual lighting energy usage by approximately 70 percent, providing savings that should allow the full recoupment of all project costs in just a few years. The awards follow several projects completed for this government entity over the past few years. Orion anticipates additional retrofit opportunities from this customer in future periods.
Orion CEO, Mike Altschaefl, comments, “We are proud to serve our country and build upon past work with this U.S. government customer. These awards confirm the strength of our product platform, design, features and value proposition; factors that are resonating with a growing base of new and existing customers.
“They also confirm our customer’s confidence in Orion, our commitment to customer satisfaction, and the working relationship we have built over several years. Our activity in the government sector continues to be strong, and we are eager to bid on future projects for this customer.”