Orbit International’s Power Group Reports Bookings in Excess of $1,800,000 for the Month of September 2024
ORBIT INTL CORP (ORBT)
US:NASDAQ Investor Relations:
orbitintl.com/intl/investors
Company Research
Source: GlobeNewswire
HAUPPAUGE, N.Y., Oct. 04, 2024 (GLOBE NEWSWIRE) -- Orbit International Corp. (OTC Expert Market:ORBT), an electronics manufacturer and software solution provider, today announced that bookings for its Orbit Power Group (“OPG”) for the month of September 2024 were in excess of $1,800,000, giving it total bookings for the third quarter in excess of $2,800,000. Deliveries for these orders have already commenced and are expected to continue through the fourth quarter of 2025. Bookings for the month of September were highlighted by a follow-on order for a COTS power supply, for approximately $1,450,000, that are used for nuclear power plants. In addition, OPG bookings continued for its VPX power supplies during the quarter. Other orders were for additional COTS and commercial power supplies. Mitchell Binder, President and CEO of Orbit International commented, “We are pleased to report very strong bookings for our OPG during the third quarter. Bookings were highlighted by a large or
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