Business
Orbit International’s Simulator Product Solutions LLC Subsidiary Reports April Bookings in Excess of $1,125,000
Orbit International’s Simulator Product Solutions LLC Subsidiary Reports April Bookings in Excess of $1,125,000.
About this update from Orbit International Corp.
[{"type":"text","content":"\r\n\r\n \r\n \r\n Orbit International’s Simulator Product Solutions LLC Subsidiary Reports April Bookings in Excess of $1,125,000\r\n \r\n \r\n\r\n\r\nOrbit International’s Simulator Product Solutions LLC Subsidiary Reports April Bookings in Excess of $1,125,000\r\n\r\n\r\n\r\n\r\n\r\nHAUPPAUGE, N.Y., May 06, 2025 (GLOBE NEWSWIRE) -- Orbit International Corp. (OTC PINK:ORBT), an electronics manufacturer and software solution provider, today announced that its Simulator Product Solutions LLC (“SPS”) subsidiary received orders during the month of April of 2025 totaling in excess of $1,125,000. Deliveries for these awards have already commenced and will continue through the third quarter of 2025. Mitchell Binder, President and CEO of Orbit International commented, “We are pleased to report SPS bookings in excess of $1,125,000 for the month of April of 2025, which comes on the heels of $4,700,000 in bookings for our Orbit Electronics Group (“OEG”) that we announced for the first quarter. In addition to the firm monthly bookings, SPS continues to bid on several new opportunities which we hope will continue the momentum of bookings for the second quarter. We also believe that our position in the marketplace will add to additional business opportunities in the second half of 2025. However, the timing of receipt of military awards is always an uncertainty.” Binder added, “We continue to be very confident in the progress of our Orbit Power Group (“OPG”). We recorded a very firm booking year in 2024, principally due to record bookings for power supplies utilizing our VPX technology. We continue to be confident that in 2025, we will continue to both receive follow-on business for our VPX power supplies and deliver new designs that will expand our reach in the marketplace for this technology. We are monitoring the recent tariff announcements and are evaluating their impact on the cost of our product and in particular our VPX power supplies.” Orbit International Corp., through its Electronics Group, is involved in the development and manufacture of custom electronic device and subsystem solutions for military, industrial and commercial applications through its production facilities in Hauppauge, NY and Carson, CA. Orbit’s Power Group, also located in ...