Orion Energy Systems Awarded LED Exterior Lighting Project With International Retail Chain, Anticipated To Generate ~$14M-$15M Of Revenue

Orion Energy Systems, Inc. (NASDAQ:OESX) (Orion Lighting), a provider of energy-efficient LED lighting, electric vehicle (EV) charging stations and maintenance services solutions, today announced that it has been awarded a new large-scale LED exterior lighting project with a leading international retail chain, anticipated to generate approximately $14 million to $15 million of revenue. The large-scale project is expected to begin in Orion's FY26 Q4, with the majority of the project expected to be completed by the end of July, 2026.

The LED exterior lighting project represents a significant incremental project with this enterprise customer. It also follows Orion's October 21, 2025, announcement of a three-year renewal of a major LED lighting maintenance contract for this customer. That renewal — valued between $42 million and $45 million of revenue— involves Orion continuing to maintain the LED lighting systems for more than 2,000 stores operated by the Fortune 100 retailer. It also adds to the new store work Orion is doing for this customer.