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Yahoo
18-07-2025
- Business
- Yahoo
RTX, Astronics, and Diehl Lead Aerospace Lighting Market with Advanced Solutions and Global Expansion Strategies
The Aircraft Lighting Market Companies Quadrant offers an in-depth analysis of the global aircraft lighting industry, emphasizing key players, technological advances, and market trends. The quadrant evaluates over 100 companies, highlighting the top 14 leaders in EVA Films. This market, segmented by light type, technology, end user, and region, is driven by the demand for advanced aircraft due to increasing air travel. Innovations in LED lighting, energy efficiency, and passenger experience enhancements propel market growth. Key players include RTX, Astronics Corporation, Diehl Stiftung & Co. KG, Honeywell, and Thales. Dublin, July 18, 2025 (GLOBE NEWSWIRE) -- The "Aircraft Lighting - Company Evaluation Report, 2024" report has been added to Aircraft Lighting Market Companies Quadrant is a comprehensive industry analysis that provides valuable insights into the global market for Aircraft Lighting Market. This quadrant offers a detailed evaluation of key market players, technological advancements, product innovations, and emerging trends shaping the industry. Over 100 companies were evaluated, of which the top 14 EVA Films companies were categorized and recognized as the quadrant aircraft lighting market encompasses a range of lighting solutions for interior, exterior, and cockpit applications, each serving crucial functions in aviation safety, efficiency, and passenger experience. The market has been segmented based on light type, technology, end user, aircraft type, and region. The growing demand for technologically advanced aircraft is one of the primary market drivers. An increase in domestic and international air travel, fueled by rising disposable incomes, expanding airline fleets, and airport infrastructure development, has further accelerated the demand for innovative and cost-effective aircraft lighting advancements, such as the adoption of LED lighting, lightweight materials, and automation in lighting control, are playing a pivotal role in transforming the market. The shift toward sustainable and energy-efficient lighting alternatives is not only reducing operational costs for airlines but also improving aircraft performance by minimizing power consumption and maintenance requirements. Moreover, the growing focus on enhancing passenger experience through mood lighting, ambient lighting, and customizable illumination systems is influencing interior lighting rise in aircraft deliveries, coupled with the increasing modernization of aging fleets, is further contributing to the expansion of the aircraft lighting market. With the demand for advanced military aircraft, business jets, and next-generation commercial airliners, the need for high-performance, long-lasting, and adaptive lighting solutions is expected to grow 360 Quadrant maps the Aircraft Lighting Market companies based on criteria such as revenue, geographic presence, growth strategies, investments, and sales strategies for the market presence of the Aircraft Lighting Market quadrant. The top criteria for product footprint evaluation included By Aircraft Type (commercial aircraft, military aircraft, helicopters, and business aviation and general aviation.) By Light Type (interior, exterior, and cockpit lights) By Technology (light-emitting diode (LED), high-intensity discharge (HID), and others (halogen, xenon strobe, photoluminescent & electroluminescent, and night vision imaging systems (NVIS))) and End User (original equipment manufacturer (OEM), aftermarket, and maintenance, repair, and overhaul (MRO)).Key Players:Key players operating in the Aircraft Lighting Market are RTX (US), Astronics Corporation (US), Diehl Stiftung & Co. KG (Germany), Honeywell International Inc. (US), and Thales (France), among CorporationRTX Corporation stands out as a leader in the aerospace and defense sector, operating through segments like Collins Aerospace. This company specializes in advanced aerospace products, including comprehensive lighting solutions for cabin, cockpit, and exterior use. RTX boasts a significant global footprint, serving diverse markets with superior product offerings and addressing emergent needs in aerospace CorporationKnown for advanced technology solutions, Astronics Corporation provides lighting and safety systems across global aerospace, defense, and electronics sectors. With its extensive product portfolio that includes cabin lighting, emergency lighting, and specialized systems for cockpit and exterior applications, Astronics has solidified its market position with robust distribution in key regions like North America, Europe, and Asia Stiftung & Co. KGDiehl Stiftung & Co. KG, a prominent player in the aerospace lighting sector, offers innovative lighting solutions across interior and exterior applications, focusing on enhancing passenger experience and operational safety. Their strategic partnerships and commitment to high-quality production have reinforced their market position. The company's continuous investment in product advancement underscores its determination to maintain competitiveness in an evolving Topics Covered: 1 Introduction1.1 Market Definition1.2 Inclusions and Exclusions1.3 Stakeholders2 Executive Summary3 Market Overview3.1 Introduction3.2 Market Dynamics3.2.1 Drivers3.2.1.1 Increasing Demand for Enhanced Passenger Comfort and Cabin Customization3.2.1.2 Growing Adoption of Smart and IoT-Connected Lighting3.2.1.3 Increasing Aircraft Production and Deliveries3.2.1.4 Stringent Aviation Safety Regulations3.2.2 Restraints3.2.2.1 High Initial Costs and Integration Complexity3.2.2.2 Limited Power Availability in Aircraft3.2.2.3 Retrofitting Issue in Older Fleets3.2.3 Opportunities3.2.3.1 Rising Number of Autonomous and Electric Aircraft3.2.3.2 Development of Next-Generation Lighting3.2.3.3 Increasing Upgrades of Aircraft Interior Lighting Systems3.2.4 Challenges3.2.4.1 High Maintenance and Replacement Costs3.2.4.2 Weight Limitations in Aircraft Design3.3 Trends and Disruptions Impacting Customer Business3.4 Value Chain Analysis3.4.1 R&D Engineers (5-20%)3.4.2 Component/Product Manufacturing (20-40%)3.4.3 Testing & Quality Assurance (40-60%)3.4.4 End-users (60-90%)3.4.5 After-Sales Service (90-100%)3.5 Ecosystem Analysis3.5.1 Prominent Companies3.5.2 Private and Small Enterprises3.5.3 End-users3.6 Key Conferences and Events, 20253.7 Technology Analysis3.7.1 Key Technologies3.7.1.1 Micro-Led Technology3.7.1.2 Advanced Thermal Management Systems3.7.2 Complementary Technologies3.7.2.1 AI-based Lighting Control Systems3.7.2.2 Biometric Integration with Lighting3.7.3 Adjacent Technologies3.7.3.1 Wireless Power Transfer Lighting3.7.3.2 Augmented Reality & Holographic Lighting3.8 Impact of AI/Generative AI3.8.1 Introduction3.8.2 Adoption of AI in Aviation Industry by Top Countries3.8.3 Impact of AI on Aviation Industry3.8.4 Impact of AI on Aircraft Lighting Market4 Industry Trends4.1 Introduction4.2 Technology Trends4.2.1 Human-Centric Cabin Lighting4.2.2 Organic Light-Emitting Diodes4.2.3 UV-C Disinfection Lighting4.2.4 Smart Lighting with IoT Integration4.2.5 Sustainable and Solar-Powered Lights4.2.6 Electrochromic Windows & Adaptive Cabin Lighting4.2.7 Electroluminescent and Fiber Optic Lighting4.3 Impact of Mega Trends4.3.1 Sustainable Aviation4.3.2 Additive Manufacturing4.3.3 Cabin 4.04.4 Supply Chain Analysis4.5 Patent Analysis5 Competitive Landscape5.1 Introduction5.2 Key Player Strategies/Right to Win, 2020-20245.3 Aircraft Interior Lights Revenue Analysis, 2020-20235.4 Aircraft Interior Lights Market Share Analysis, 20235.5 Aircraft Exterior Lights Revenue Analysis, 2020-20235.6 Aircraft Exterior Lights Market Share Analysis, 20235.6.1 Rtx (US)5.6.2 Astronics Corporation (US)5.6.3 Diehl Stiftung & Co. KG (Germany)5.6.4 Honeywell International Inc. (US)5.6.5 Thales (France)5.7 Company Evaluation Matrix (Interior Lights): Key Players, 20235.7.1 Stars5.7.2 Emerging Leaders5.7.3 Pervasive Players5.7.4 Participants5.8 Company Evaluation Matrix (Exterior Lights): Key Players, 20235.8.1 Stars5.8.2 Emerging Leaders5.8.3 Pervasive Players5.8.4 Participants5.9 Company Evaluation Matrix (Interior and Exterior Lights Combined): Key Players, 20235.9.1 Stars5.9.2 Emerging Leaders5.9.3 Pervasive Players5.9.4 Participants5.9.5 Company Footprint5.9.5.1 Company Footprint5.9.5.2 Light Type Footprint5.9.5.3 End-user Footprint5.9.5.4 Aircraft Type Footprint5.9.5.5 Region Footprint5.10 Company Evaluation Matrix (Interior Lights): Startups/SMEs, 20235.10.1 Progressive Companies5.10.2 Responsive Companies5.10.3 Dynamic Companies5.10.4 Starting Blocks5.11 Company Evaluation Matrix (Exterior Lights): Startups/SMEs, 20235.12 Company Evaluation Matrix (Interior and Exterior Lights Combined): Startups/SMEs, 20235.12.5 Competitive Benchmarking5.12.5.1 List of Startups/SMEs5.12.5.2 Competitive Benchmarking of Startups/SMEs5.13 Brand/Product Comparison5.14 Company Valuation and Financial Metrics5.15 Competitive Scenario5.15.1 Product Launches5.15.2 Deals5.15.3 Others6 Company Profiles6.1 Key Players6.1.1 Rtx6.1.1.1 Business Overview6.1.1.2 Products Offered6.1.1.3 Recent Developments6.1.1.3.1 Product Launches6.1.1.4 Analyst's View6.1.1.4.1 Key Strengths6.1.1.4.2 Strategic Choices6.1.1.4.3 Weaknesses and Competitive Threats6.1.2 Astronics Corporation6.1.3 Diehl Stiftung & Co. KG6.1.4 Honeywell International Inc.6.1.5 Thales6.1.6 Luminator Aerospace6.1.7 Oxley Group6.1.8 Soderberg Manufacturing Company Inc.6.1.9 Heads Up Technologies6.1.10 Aveo Engineering Group, S.R.O.6.1.11 Cobalt Aerospace Group Limited6.1.12 Bruce Aerospace6.1.13 Stg Aerospace Limited6.1.14 Hoffman Engineering6.1.15 Whelen Aerospace Technologies6.2 Other Players6.2.1 Micolux Lighting6.2.2 Jbrnd6.2.3 Sela6.2.4 Spectrolab, Inc.6.2.5 Schott6.2.6 Madelec Aero6.2.7 Precise Flight Inc.6.2.8 Ife Products6.2.9 Trakka6.2.10 Xevision For more information about this report visit About is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends. CONTACT: CONTACT: Laura Wood,Senior Press Manager press@ For E.S.T Office Hours Call 1-917-300-0470 For U.S./ CAN Toll Free Call 1-800-526-8630 For GMT Office Hours Call +353-1-416-8900Error while retrieving data Sign in to access your portfolio Error while retrieving data Error while retrieving data Error while retrieving data Error while retrieving data
Gizmodo
09-07-2025
- Entertainment
- Gizmodo
Govee LED Strip Backlight With Dual Cameras Listed as a 4.5-Star Best-Selling Prime Day Deal
Watching a movie or a live sports event on a big screen in a darkened room was peak viewing for one reason — there wasn't an alternative to heighten the experience. Now that LED lighting technology has dramatically shrunk in size and cost, you can transform any room into a fun, immersive multimedia lair with the Govee Envisual LED Backlight T2, an app-controlled two-camera setup with LED strip lights for big screens between 55 and 65 inches. It's one of our favorite Amazon Prime Day deals at just $80, 43% off its usual $140 price. For the uninitiated, Govee's amazing LED striplight setups work in conjunction with cameras that mount to your TV frame and capture the action and the colors happening on the screen, and feed it to the lights which match the colors and the motion, so your TV is surrounded by active, vibrant backlighting that mirrors the screen. It's a fun, captivating extension of whatever is happening on your TV, and it's really amazing when you pair it with a fast-action video game. See at Amazon That's just about the best trifecta you can hope for from an electronics buy — advanced tech that's easy to install yourself and comes at a low price. Govee's LED TV backlighting setups and their other room- and home-transforming products always score high on this chart, but never more than right now thanks to Amazon's $80 Prime Day deal on the Envisual TV LED Backlight T2 setup. The setup is so easy you can easily go from unboxing to experimenting with the many lighting effects within an hour at the most, and it does not require you to mess with your TV or run any wires. The concept is as simple as the effects are brilliant — the Govee dual-camera module sits atop your TV screen via a gravity-mechanism structure that holds it in place even on ultra-thin TVs. The LED strip lights are adhesive, and attach easily to the back of your TV. From there, it's just a matter of installing the Govee Home app on your smartphone or tablet, connecting, and sitting back and watching the high-density RGBIC lights do their magic. There are 60 lights per meter in the strip, as opposed to older versions which had only 30, for a brighter, more brilliant show. Govee's patented Envisual technology does an amazing job of matching the colors on the screen, even as they move, and sending them to the LED strips to duplicate in real time. And if you already have a Govee LED setup, or you add another one to another part of your home later on — their product line is stuffed with indoor and outdoor lighting options — they can all be synced with the Govee Home app to work in conjunction with each other. This Prime Day deal for just $80 gets you the Govee Envisual TV Backlight T2 for 55- to 65-inch TVs (other sizes are also available), the four sections of LED strips and all the hardware you will need to attach them, the camera module, power source, and control box which also attaches to the back of your TV. Set it up in minutes and enjoy it for years — your TV and gaming will never look better than they do with Govee's interactive backlighting show. See at Amazon
Yahoo
27-06-2025
- Business
- Yahoo
Orion Energy Systems Inc (OESX) Q4 2025 Earnings Call Highlights: Navigating Challenges with ...
Q4 2025 Revenue: $20.9 million, up from $19.6 million in Q3 2025, but down from $26.4 million in Q4 2024. Fiscal 2025 Revenue: $79.7 million, compared to $90.6 million in fiscal 2024. EV Charging Revenue Growth: 18% in Q4 2025 and 37% for the full fiscal year 2025. EV Charging Gross Margin: Improved to 28.4% in FY25 from 27.9% in FY24. LED Lighting Revenue Decline: 33% in Q4 2025 and 22% for fiscal 2025 compared to prior year periods. LED Lighting Gross Margin: 28.4% in fiscal 2025, compared to 27.3% in fiscal 2024. Electrical Maintenance Revenue: $4.1 million in Q4 2025, down from $5.2 million in Q4 2024. Maintenance Services Gross Margin: Improved to 24.6% in fiscal 2025 from 15.6% in fiscal 2024. Overall Gross Profit Margin: Increased to 27.5% in Q4 2025 from 25.8% in fiscal 2024. Q4 2025 Net Loss: $2.9 million or $0.09 per share, compared to net income of $1.6 million or $0.05 per share in Q4 2024. Fiscal 2025 Net Loss: $11.8 million or $0.36 per share, compared to a net loss of $11.7 million or $0.36 per share in fiscal 2024. Operating Cash Flow: Positive $0.6 million in fiscal 2025, improved from negative $10.1 million in fiscal 2024. Revolver Borrowings: Reduced to $7 million at the end of fiscal 2025 from $10 million a year ago. Fiscal 2026 Revenue Outlook: Approximately $84 million, with modest growth in LED lighting and electrical maintenance revenues. Warning! GuruFocus has detected 2 Warning Signs with OESX. Release Date: June 26, 2025 For the complete transcript of the earnings call, please refer to the full earnings call transcript. Orion Energy Systems Inc (NASDAQ:OESX) achieved 37% growth in revenue at its Voltrek Electric Vehicle Charging Station Solutions business. The company accomplished a substantial turnaround in the profitability of its Electrical Maintenance Business. Orion Energy Systems Inc (NASDAQ:OESX) has expanded its pipeline for LED lighting projects, enhancing future revenue visibility. The company reduced operating overheads by more than $4 million in FY25, with further reductions planned for FY26. Orion Energy Systems Inc (NASDAQ:OESX) achieved positive adjusted EBITDA in both Q3 and Q4, along with positive operating cash flow for the full fiscal 2025 year. Lighting segment revenue remained challenged in FY25, with a 33% decline in Q4 and a 22% decline for the fiscal year. The company reported a net loss of $2.9 million in Q4 25, compared to net income of $1.6 million in Q4 24. Fiscal 25 revenue decreased to $79.7 million from $90.6 million in fiscal 24, reflecting reduced major project activity. Orion Energy Systems Inc (NASDAQ:OESX) anticipates flat to slightly lower EV charging revenues in fiscal 26 due to uncertainty around project funding. The company experienced a $3.5 million year-over-year increase in Voltrek earnout expense, impacting fiscal 25 operating expenses. Q: Can you provide insights into the order trends and their consistency throughout the quarter? A: Sally Washlow, CEO, noted that the year started strong with orders, particularly in April, and continued to progress in May and June. The reduction in noise at the federal level has helped, and they expect this trend to continue. Per Brodin, CFO, added that some orders are actualizations of past projects, now reflecting in the pipeline. Q: What assumptions are behind the flat to down outlook for the EV charging business in fiscal '26? A: Sally Washlow explained that they are taking a conservative approach due to uncertainties in the macro environment. Despite a strong pipeline, the noise at the federal level has impacted some projects. They continue to focus on capturing market share and progressing on several projects. Q: Are you being overly cautious with the EV outlook given the strong Q4 revenue? A: Per Brodin stated that while they have a strong pipeline, they are cautious due to potential impacts from federal funding issues. One significant project was canceled, but they believe utility and state funding will support their conservative objectives. Q: What is the thought process behind settling earnout obligations with stock at current prices? A: Per Brodin explained that the agreement was to mitigate near-term liquidity impacts, combining shares, cash, and a subordinated note to satisfy obligations satisfactorily for both parties. Q: Can you elaborate on the impact of federal government rule changes on your business? A: Sally Washlow mentioned minimal impact from federal changes on the EV segment, with one project canceled. The lighting segment remains strong with ongoing projects in various government sectors. Per Brodin added that utility and state funding drive much of their business, less affected by federal changes. For the complete transcript of the earnings call, please refer to the full earnings call transcript. This article first appeared on GuruFocus.
Yahoo
26-06-2025
- Business
- Yahoo
Orion's FY'25 Gross Margin Increased to 25.4% (+230 bps) on Revenue of $79.7M; Expects 5% Revenue Growth and Improved Bottom Line Performance in FY'26; Call Today at 10am ET
MANITOWOC, Wis., June 26, 2025 (GLOBE NEWSWIRE) -- 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 reported results for its fourth quarter (Q4'25) and fiscal year ended March 31, 2025 (FY'25) and initiated a fiscal 2026 (FY'26) revenue outlook of approximately $84M, representing growth of 5% over FY'25. Orion will hold an investor call today at 10:00 a.m. ET – details below. Q4 Summary Full Year Summary Prior Three Quarters $ in millions except per share figures Q4'25 Q4'24 Change FY 2025 FY 2024 Change Q3'25 Q2'25 Q1'25 LED Lighting Revenue $10.9 $16.3 -33% $47.7 $61.1 -22% $13.2 $10.8 $12.8 EV Charging Revenue $5.8 $4.9 +18% $16.8 $12.3 +37% $2.4 $4.7 $3.8 Maintenance Revenue $4.1 $5.2 -21% $15.2 $17.1 -11% $3.9 $3.8 $3.3 Total Revenue $20.9 $26.4 -21% $79.7 $90.6 -12% $19.6 $19.4 $19.9 Gross Profit $5.7 $6.8 $(1.1) $20.2 $20.9 $(0.7) $5.8 $4.5 $4.3 Gross Profit % 27.5% 25.8% +170bps 25.4% 23.1% +230bps 29.4% 23.1% 21.6% Net Income (Loss) (1) $(2.9) $1.6 $(4.5) ($11.8) ($11.7) $(0.1) $(1.5) $(3.6) $(3.8) Net Income (Loss) Per Share (1) $(0.09) $0.05 $(0.14) ($0.36) ($0.36) $(0.00) $(0.05) $(0.11) $(0.12) Adjusted EBITDA (2) $0.2 $0.4 $(0.2) ($2.9) ($6.3) +$3.4 $0.0 $(1.4) $(1.8) (1) Voltrek earnout accruals and (net adjustments) were $0.5M in Q4'25; $0.5M in Q3'25; $0.6M in Q2'25; and $0.3M in Q1'25, totaling $1.9M in FY'25. In Q4'24 there was a ($3.0M) net reversal of prior earnout expense, which resulted in a net expense of $0.3M in FY'24. Additionally, Q1'25 and Q2'25 included $0.4M and $0.3M of maintenance division restructuring costs, respectively.(2) Adjusted EBITDA reconciliation provided below. Highlights: Q4'25 revenue was $20.9M compared to $26.4M in Q4'24, reflecting lower lighting revenue, including the impact of $1.9M in Q4'24 revenue from a large European project and an anticipated decrease in maintenance revenue, partially offset by higher EV charging revenue. FY'25 revenue was $79.7M compared to $90.6M in FY'24 and in line with Orion's revenue outlook range of $77M - $83M. FY'25 revenue was impacted by lower LED lighting revenue and an anticipated decrease in maintenance revenue, offset by a 37% increase in EV charging revenue. Q4'25 gross profit percentage increased to 27.5%, the third highest quarterly rate in seven years, principally reflecting the benefit of both price and cost actions across the business. Orion achieved its second consecutive quarter of positive adjusted EBITDA in Q4'25 and a modest increase in its cash position versus Q4'24. Orion had strong bookings in late Q4'25 and into early FY'26, having won a variety of new LED lighting engagements with aggregate five-year revenue potential of $100M to $200M. Over the past two years, Orion implemented business process improvements to substantially reduce operating expenses, improve profit margins, and lower its annual adjusted EBITDA breakeven point to revenue of $78M - $85M from $105M - $115M. Orion plans to further reduce its overhead by $1.5M in FY'26 through targeted expense reductions and cost-saving initiatives. Orion substantially enhanced its liquidity position by entering into a binding term sheet with the former owners of Voltrek agreeing to arbitrate the amount of the finally due Voltrek acquisition earnout payments if not otherwise mutually agreed upon, with such final amount to be paid in $1M of common stock and a two-year subordinated 7% note. Orion's initial FY'26 outlook anticipates revenue growth of five percent to approximately $84M which, based on the Company's operating cost and gross profit percentage improvements, should position the Company to approach or achieve positive adjusted EBITDA for the full fiscal year. CEO Commentary Orion CEO Sally Washlow commented, 'Orion has made solid progress supporting our growth goals with new revenue opportunities while also reducing our cost structure and enhancing margins to drive improved bottom line performance. However, our FY'25 revenue was impacted by a lower level of larger LED lighting project activity as well as reduced sales within our electrical contractor and lighting distribution channel. Bright spots in our FY'25 performance included 37% revenue growth from our Voltrek EV charging business and an impressive turnaround in the profitability of our electrical maintenance business and the expansion of some existing customer engagements. 'We have substantially expanded our LED lighting project pipeline by re-engaging with channel partners, along with new customer and contract wins that enhance revenue visibility over the next five years. Building on the $100M to $200M in five-year revenue potential highlighted in our Q3'25 release, over the past few months we continued to strengthen our LED lighting project backlog with several significant new orders. We are also making focused investments designed to enhance our revenue potential through channel partners, including adding an industry veteran specifically focused on channel sales, beginning in Q2'26. 'On the product margin front, we have made meaningful reductions in the input costs of our LED lighting fixtures through product re-engineering, plant efficiency efforts and enhanced sourcing, which should benefit our future results. In addition, our team executed a substantial margin rebound in our electrical maintenance business through strategic pricing and restructuring actions during FY'25. Our company-wide operating overhead was reduced by more than $4M in FY'25, $2M of which will be reflected as we progress through FY'26. Building on this progress, we plan to implement an additional $1.5M in annual savings in FY'26. 'Reflecting our operating discipline and despite lower revenue, we achieved positive adjusted EBITDA in Q3'25 and Q4'25 and positive cash flow from operating activities for the full fiscal year. Importantly, our cash position increased to $6.0M at the close of FY'25, from $5.2M at year end FY'24, while we reduced credit facility borrowings by $3.0M to $7.0M at the close of FY'25. We have also agreed to a revised payment structure for Voltrek earnout payment obligations, reviewed below, that is designed to reduce our up-front cash requirements in exchange for the issuance of Orion common stock and a 2-year, 7% subordinated note for the remaining final balance. 'As mentioned in our Q3'25 reporting, Orion has reorganized into two Commercial Business Units (CBUs), called Solutions and Partners, effective with the April 1st start of our fiscal 2026 year. Solutions is focused on developing and executing business with large or complex corporate, government, and other private sector accounts across our full range of LED lighting, EV charging, and maintenance services solutions. Partners focuses on LED lighting and EV charging product sales, catering to the unique needs and dynamics of our Energy Service Company (ESCO) and electrical distribution partners. Our CBU teams have been realigned to offer solutions tailored to meet the unique needs of their end-customers. We are very excited about this new structure as it unifies our customer-facing dialogues across the business, allowing us to better leverage our teams and infrastructure to maximize the value we provide to customers from our suite of complementary capabilities. 'We believe Orion has built a strong platform of high quality, industry-leading solutions and services to meet our customers' operational, energy savings, workplace safety, and sustainability goals. Given this platform, our significant base of large, long-term customers, continued progress on reducing costs, and business development momentum, we believe Orion is well positioned for growth and improving bottom-line results. While current business, economic, global trade, and government funding uncertainties are limiting our visibility on customer decision making, we believe Orion is positioned for modest growth in FY'26, with the potential for upside should economic and business conditions stabilize.' Outlook Orion's initial FY'26 outlook anticipates revenue growth of five percent to approximately $84M which, based on the Company's operating cost and gross profit percentage improvements, should position the Company to approach or achieve positive adjusted EBITDA for the full fiscal year. Contracts/projects expected to contribute to FY'26 and future period results include the following: Solutions segment Multi-year LED lighting retrofit contract for a building products distributor's 400+ locations. The project is expected to generate revenue of $12M - $18M over several years, with initial revenue of $2M anticipated in FY'26. 5-year contract extension to supply all interior and exterior LED lighting fixtures for a major retail customer's new store construction projects. Orion estimates a total revenue potential of $23M - $30M, ranging between $4.5M to $6M per year starting in FY'26. New construction and LED retrofit lighting projects in multiple U.S. Government Agency facilities which are expected to exceed $5M in total revenue and to be completed in FY'26. Modest growth in electrical maintenance revenues from the expansion of existing customer engagements and incremental maintenance service opportunities with new customers that include a prominent energy management service provider serving 6,500+ customer locations across the US. EV charging backlog was strong with approximately $7M at the close of FY'25. However, given current uncertainty around the near-term scope, pace, and funding availability for EV charging projects, Orion's revenue outlook anticipates flat to slightly lower EV charging station-related revenue in FY'26. Partners segment A 3-year contract with a longstanding nationwide Energy Service Company (ESCO) partner expected to generate $5M - $10M per year starting in Q1'26. Total revenue potential of $2M - $3M for a 400-site project with a national bank over the next 3 - 4 years. Redevelopment of the distribution channel with new products and increased sales capabilities, including the addition of an industry veteran to the team. Expansion of the Triton Pro product line with new designs and improved features and efficiency to further support growth in the segment. Q4'25 Results Orion reported Q4'25 revenue of $20.9M compared to $26.4M in Q4'24, based on the following segment performance: EV charging solutions revenue increased to $5.8M in Q4'25 vs. $4.9M in Q4'24, as Voltrek was able to execute on its project backlog. FY'25 EV charging revenue increased 37% to $16.8 compared to $12.3M in FY'24, principally due to construction services contracts from Eversource Energy's 'EV Make Ready' program and a large public school EV bus project in Boston. EV charging achieved a gross margin of 27.9% in Q4'25 vs. 21.5% in Q4'24, principally due to revenue mix and the benefit of improved fixed cost absorption on higher revenue. LED lighting revenue was $10.9M in Q4'25 vs. $16.3M in Q4'24, reflecting a lower level of larger LED lighting project activity in Q4'25 compared to Q4'24, which benefitted from a large European LED retrofit project. LED lighting revenue was $47.7M in FY'25 compared to $61.1M in FY'24, also reflecting a decrease in larger LED lighting projects and reduced activity in Orion's ESCO and distribution channels in FY'25. Despite the impact of lower revenue on manufacturing overhead, lighting was able to achieve a gross margin of 28.4% in Q4'25 due to targeted pricing, cost reductions, and sourcing initiatives. Maintenance services revenue continued a sequential rebound in Q4'25 to $4.1M, reflecting expanded service requests from existing customers. The planned elimination of unprofitable contracts in early 2025 resulted in Q4'25 maintenance services revenue being below Q4'24 revenue of $5.2M but improved sequentially in each of the last three quarters of FY'25. FY'25 maintenance revenue was $15.2M compared to $17.1M in FY'24, as new opportunities offset more than half of the revenue forgone from the elimination of unprofitable contracts. Reflecting the benefit of new pricing, restructuring and cost reduction initiatives, maintenance services gross profit margin rebounded to 24.6% in Q4'25 from 15.6% in Q4'24. Orion expects maintenance services revenue and profitability to deliver positive comparisons in FY'26. Overall Q4'25 gross profit was $5.7M, compared to $6.8M in Q4'24, while gross margin increased 170 basis points to 27.5% in Q4'25 versus 25.8% in Q4'24. The margin increase was principally due to profitability improvements in maintenance, a higher-margin revenue mix in LED lighting and EV projects, and the benefit of lower overhead costs. Total operating expenses were $8.4M in Q4'25, compared to $5.0M in Q4'24. Q4'25 operating expense reflected a $0.5M earnout accrual related to the Voltrek acquisition, whereas Q4'24 benefited from a $3.0M reversal of Voltrek earnout expense accruals. Q4'24 also included a $0.5M impairment on intangible assets related to the Stay-Lite Lighting acquisition, while Q4'25 included $1.3M of expense items related to severance and the write-off of deferred financing costs. Primarily reflecting lower revenue and the year-over-year variance in earnout accruals, Orion reported a Q4'25 net loss of ($2.9M), or ($0.09) per share, vs. net income of $1.6M, or $0.05 per share, in Q4'24. Orion reported a FY'25 net loss of $(11.8M), or $(0.36) per share, compared to a FY'24 net loss of $(11.7M), also ($0.36) per share, reflecting lower revenue offset by lower operating expenses in FY'25. Balance Sheet and Cash Flow Orion generated $0.6M of cash from operating activities in FY'25, compared to a $(10.1M) use of cash in FY'24. Orion reduced borrowings on its revolving credit facility by $0.5M in Q4'25 and $3.0M in FY'25, to $7.0M at March 31, 2025, as compared to borrowings of $10.0M at March 31, 2024. In Q3'25, Orion extended its bank credit facility with Bank of America by 18 months to June 30, 2027. Orion ended FY'25 with current assets of $35.5M, including $6.0M of cash and equivalents, $12.8M of accounts receivable, $3.4M of revenue earned but not billed, and $11.4M of inventories. Net of current liabilities, working capital was $8.7M. Orion's financial liquidity was $13.0M at March 31, 2025, as compared to $15.6M at December 31, 2024, and $15.3M at March 31, 2024. To satisfy current and remaining Voltrek cash-based earnout obligations, Orion structured and executed a binding term sheet designed to reduce the earnout's impact on Orion's near-term financial liquidity. The term sheet provides for an August 1, 2025 cash payment of $875,000 for the balance of Voltrek's fiscal 2024 earnout obligations. Additionally, for Orion's remaining Voltrek earn-out obligations, Orion has agreed to issue Voltrek's owners $1M in Orion common stock based on an average trading price at the time of issuance in mid-July 2025, with the remaining earnout obligations to be paid through the issuance of a 2-year, 7% senior subordinated note maturing in July 2027 for an amount to be determined by binding arbitration if not otherwise mutually agreed. Webcast/Call Details Date / Time: Thursday, June 26th at 10:00 a.m. ET Live Call Registration: Live call participants must pre-register using the URL above to receive the dial-in information. If you lose the dial-in or PIN #, you may re-register. Webcast / Replay: About Orion Energy SystemsOrion provides energy efficiency and clean tech solutions, including LED lighting and controls, electrical vehicle (EV) charging solutions, and maintenance services. Orion specializes in turnkey design-through-installation solutions for large national customers as well as projects through ESCO and distribution partners, with a commitment to helping customers achieve their business and environmental goals with healthy, safe, and sustainable solutions that reduce their carbon footprint and enhance business performance. Orion is committed to operating responsibly throughout all areas of our organization. Learn more about our sustainability and governance priorities, goals and progress here, or visit our website at Non-GAAP Measures In addition to the GAAP results included in this presentation, Orion has also included the non-GAAP measures, EBITDA (earnings before interest, taxes, depreciation and amortization), and Adjusted EBITDA (EBITDA adjusted for stock-based compensation, acquisition related costs, deferred financing costs, restructuring and severance costs, asset impairment and, earnout expenses). The Company has provided these non-GAAP measures to help investors better understand its core operating performance, enhance comparisons of core operating performance from period to period, and allow better comparisons of operating performance to its competitors. Among other things, management uses these non-GAAP measures to evaluate the performance of the business and believes these measurements enable it to make better period-to-period evaluations of the financial performance of core business operations. The non-GAAP measurements are intended only as a supplement to the comparable GAAP measurements and Orion compensates for the limitations inherent in the use of non-GAAP measurements by using GAAP measures in conjunction with the non-GAAP measurements. As a result, investors should consider these non-GAAP measurements in addition to, and not in substitution for or as superior to, measurements of financial performance prepared in accordance with generally accepted accounting principles. Consistent with Regulation G under the U.S. federal securities laws, the non-GAAP measures in this press release have been reconciled to the nearest GAAP measures, and this reconciliation is located under the heading 'Unaudited EBITDA Reconciliation' following the Unaudited Condensed Consolidated Statements of Cash Flows included in this press release. Safe Harbor Statement Certain matters discussed in this press release are "forward-looking statements" intended to qualify for the safe harbor from liability established by the Private Securities Litigation Reform Act of 1995. These forward-looking statements may generally be identified as such because the context of such statements will include words such as "anticipate," "believe," "could," "estimate," "expect," "intend," "may," "plan," "potential," "predict," "project," "should," "will," "would" or words of similar import. Similarly, statements that describe our future outlook, plans, expectations, objectives or goals are also forward-looking statements. Such forward-looking statements are subject to certain risks and uncertainties that could cause results to differ materially from those expected, including, but not limited to, the following: (i) our existing liquidity and capital resources may not be sufficient to allow us to fund or sustain our working capital requirements or pay our contractual or debt obligations; (ii) our payment of our remaining Voltrek acquisition earnout obligations may involve either payments in cash or our issuance of our common stock, which could materially affect our liquidity and/or result in significant dilution to our shareholders; (iii) the amount of our remaining Voltrek acquisition earnout is subject to resolution by an independent accounting firm, and such finally determined earnout amount may exceed our current accrued liability for such earnout amount and could materially affect our liquidity; (iv) we may need to raise additional equity capital or subordinated or convertible debt to provide us with additional liquidity and capital resources to help fund our operations, pay our senior debt obligations and pay our remaining Voltrek earnout obligations; (v) over the past several years, we have incurred substantial net losses and negative cash flow, and if these trends continue, our liquidity and financial condition will be further materially adversely affected; (vi) we are experiencing ongoing increasing pressures to reduce the selling price of our lighting products and incur the related negative impact on our gross margins, driven largely by the ongoing increase in competition from foreign competitors; (vii) if we are unable to comply with NASDAQ's minimum bid price requirement, including by effecting a reverse stock split, prior to September 15, 2025, our common stock may be delisted from NASDAQ; (viii) a reverse stock split may result in decreased trading volume and liquidity for our shares; (ix) our ability to achieve our budgeted fiscal 2026 revenue expectations, and related public fiscal 2026 revenue guidance, will have a significant impact on our cash flow and stock price and ability to fund our operations and satisfy our debt obligations; (x) government tariffs and other actions have adversely affected, and may continue to adversely affect, our business, resulting in increased costs and reduced gross margins; (xi) the reduction or elimination of incentives from the United States government for investments in electric vehicle ('EV') charging infrastructure may reduce demand for public EV charging products, in addition to reducing overall demand for EVs; (xii) we do not have major sources of recurring revenue, and we depend upon a limited number of customers in any given period to generate a substantial portion of our revenue. The reduction of revenue from our most significant customer over the past several fiscal years has had, and the potential future loss of other significant customers or a major customer would likely have, a materially adverse effect on our results of operations, financial condition and cash flows; (xiii) the reduction or elimination of investments in, or incentives to adopt, light emitting diode ('LED') lighting or the elimination of, or changes in, policies, incentives or rebates in certain states or countries that encourage the use of LEDs over some traditional lighting technologies, including due to federal funding restrictions in the United States, could cause the demand for our lighting products to slow; (xiv) we are currently implementing a new ERP system, which will involve substantial cost and potential disruption to our normal operations, and our inability to successfully manage the implementation of our new ERP system could adversely affect our ability to operate our business and otherwise negatively affect our financial reporting and the effectiveness of our internal control over financial reporting; (xv) a substantial portion of our revenues is derived from major project-based retrofit work that is awarded through a competitive bid process. It is generally difficult to predict the timing of projects that will be awarded, which can impact our ability to achieve our expected financial results; (xvi) our continued emphasis on indirect distribution channels to sell our products and services to supplement our direct distribution channels has had limited success to date; (xvii) goodwill and other intangibles acquired through acquisitions could be impacted by our continued net losses and low levels of liquidity, thus resulting in a potential valuation impairment; (xviii) our products use components and raw materials that may be subject to price fluctuations, shortages or interruptions of supply, particularly resulting from tariffs and other trade restrictions; (xix) we increasingly rely on third-party manufacturers for the manufacture and development of our products and product components; (xx) we are subject to the risk of a cybersecurity breach; (xxi) macroeconomic pressures in the markets in which we operate may adversely affect our financial results; (xxii) adverse conditions in the global economy have negatively impacted, and could in the future negatively impact, our customers, suppliers and business; (xxiii) the success of our LED lighting retrofit solutions depends, in part, on our ability to claim market share away from our competitors; and (xxiv) the other risks described in our filings with the Securities and Exchange Commission. Shareholders, potential investors and other readers are urged to consider these factors carefully in evaluating the forward-looking statements and are cautioned not to place undue reliance on such forward-looking statements. The forward-looking statements made herein are made only as of the date of this press release and we undertake no obligation to publicly update any forward-looking statements, whether as a result of new information, future events or otherwise. More detailed information about factors that may affect our performance may be found in our filings with the Securities and Exchange Commission, which are available at or at in the Investor Relations section of our website. Engage with UsX: @OrionLighting and @OrionLightingIRStockTwits: @OESX_IR Investor Relations Contacts Per Brodin, CFO William Jones; David Collins Orion Energy Systems, Inc. Catalyst IR pbrodin@ (212) 924-9800 or OESX@ ORION ENERGY SYSTEMS, INC. AND SUBSIDIARIESUNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS(in thousands, except share and per share amounts) Three Months Ended March 31, Twelve Months Ended March 31, 2025 2024 2025 2024 Product revenue $14,926 $17,041 $54,368 $63,307 Service revenue 5,943 9,370 25,352 27,274 Total revenue 20,869 26,411 79,720 90,581 Cost of product revenue 10,510 11,208 37,319 44,466 Cost of service revenue 4,624 8,399 22,165 25,204 Total cost of revenue 15,134 19,607 59,484 69,670 Gross profit 5,735 6,804 20,236 20,911 Operating expenses: General and administrative 5,038 1,051 18,008 16,740 Impairment on Intangibles — 456 — 456 Acquisition related costs — — — 56 Sales and marketing 2,951 3,210 11,595 12,988 Research and development 389 284 1,229 1,495 Total operating expenses 8,378 5,001 30,832 31,735 Income (loss) from operations (2,643) 1,803 (10,596) (10,824) Other income (expense): Other income 1 2 62 39 Interest expense (226) (191) (1,026) (752) Amortization of debt issue costs (51) (21) (206) (95) Interest income 6 — 7 2 Total other expense (270) (210) (1,163) (806) Income (loss) before income tax (2,913) 1,593 (11,759) (11,630) Income tax (benefit) expense (1) (17) 42 41 Net income (loss) $(2,912) $1,610 $(11,801) $(11,671) Basic net loss per share attributable to common shareholders $(0.09) $0.05 $(0.36) $(0.36) Weighted-average common shares outstanding 32,960,191 32,567,746 32,829,470 32,486,240 Diluted net loss per share $(0.09) $0.05 $(0.36) $(0.36) Weighted-average common shares and share equivalents outstanding 32,960,191 33,965,007 32,829,470 32,486,240 ORION ENERGY SYSTEMS, INC. AND SUBSIDIARIESUNAUDITED CONDENSED CONSOLIDATED BALANCE SHEETS(in thousands, except share amounts) March 31, 2025 2024 Assets Cash and cash equivalents $5,972 $5,155 Accounts receivable, net 12,845 14,022 Revenue earned but not billed 3,350 4,539 Inventories 11,392 18,246 Prepaid expenses and other current assets 1,939 2,860 Total current assets 35,498 44,822 Property and equipment, net 8,026 9,593 Goodwill 1,484 1,484 Other intangible assets, net 3,379 4,462 Other long-term assets 4,076 2,808 Total assets $52,463 $63,169 Liabilities and Shareholders' Equity Accounts payable $13,272 $18,350 Accrued expenses and other 12,728 9,440 Deferred revenue, current 491 260 Current maturities of long-term debt 353 3 Total current liabilities 26,844 28,053 Revolving credit facility 7,000 10,000 Long-term debt, less current maturities 2,971 - Deferred revenue, long-term 337 413 Other long-term liabilities 3,427 2,161 Total liabilities 40,579 40,627 Commitments and contingencies Shareholders' equity: Preferred stock, $0.01 par value: Shares authorized: 30,000,000 shares at March 31, 2025 and 2024; no shares issued and outstanding at March 31, 2025 and 2024 — — Common stock, no par value: Shares authorized: 200,000,000 at March 31, 2025 and 2024; shares issued: 42,470,231 and 42,038,967 at March 31, 2025 and 2024; shares outstanding: 32,983,888 and 32,567,746 at March 31, 2025 and 2024 — — Additional paid-in capital 163,025 161,869 Treasury stock: 9,486,343 and 9,471,221 common shares at March 31, 2025 and 2024 (36,248) (36,235) Retained deficit (114,893) (103,092) Total shareholders' equity 11,884 22,542 Total liabilities and shareholders' equity $52,463 $63,169 ORION ENERGY SYSTEMS, INC. AND SUBSIDIARIESUNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (in thousands) Fiscal Year Ended March 31, 2025 2024 Operating activities Net (loss) income $(11,801) $(11,671) Adjustments to reconcile net income to net cash (used in) operating activities: Depreciation 1,344 1,410 Amortization of intangible assets 1,069 1,085 Stock-based compensation 1,157 950 Impairment on intangibles — 456 Amortization of debt issue costs 206 95 Deferred income tax benefit 7 (5) Impairment of fixed assets 20 69 Loss (gain) on sale of property and equipment 91 84 Provision for inventory reserves 552 562 Provision for credit losses/bad debts 378 170 Other 197 12 Changes in operating assets and liabilities, net of acquisitions: Accounts receivable 800 (464) Revenue earned but not billed 1,189 (3,219) Inventories 6,106 (603) Prepaid expenses and other assets 2,324 (1,384) Accounts payable (5,078) 4,990 Accrued expenses and other liabilities 1,883 (2,334) Deferred revenue, current and long-term 155 (295) Net cash (used in) operating activities 599 (10,092) Investing activities Purchase of property and equipment (99) (837) Additions to patents and licenses (6) — Proceeds from sales of property, plant and equipment 233 106 Net cash used in investing activities 128 (731) Financing activities Payment of long-term debt (206) (15) Proceeds from revolving credit facility 500 — Payment of revolving credit facility (3,500) — Proceeds from long-term debt 3,525 — Payments to settle employee tax withholdings on stock-based compensation — (2) Debt issue costs (216) — Net proceeds from employee equity exercises (13) 3 Net cash provided by (used in) financing activities 90 (14) Net increase (decrease) in cash and cash equivalents 817 (10,837) Cash and cash equivalents at beginning of period 5,155 15,992 Cash and cash equivalents at end of period $5,972 $5,155 Supplemental disclosure of non-cash investing and financing activities: Operating lease assets obtained in exchange for new operating lease liabilities $2,661 — ORION ENERGY SYSTEMS, INC. AND SUBSIDIARIESUNAUDITED EBITDA RECONCILIATION (in thousands) Three Months Ended Twelve Months Ended March 31, 2025 Dec. 31, 2024 March 31, 2024 March 31, 2025 March 31, 2024 Net income (loss) $ (2,912 ) $ (1,508 ) $ 1,610 $ (11,801 ) $ (11,671 ) Interest 220 254 191 1,019 750 Taxes (1 ) 1 (17 ) 42 41 Depreciation 385 278 344 1,344 1,410 Amortization of intangible assets 315 259 272 1,069 1,085 Amortization of debt issue costs 51 49 21 206 95 EBITDA $ (1,942 ) $ (667 ) $ 2,421 $ (8,121 ) $ (8,290 ) Stock-based compensation 335 180 269 1,157 950 Acquisition related costs — — — — 56 Deferred cost write-off for ATM 385 385 Restructuring costs — 20 138 453 138 Severance 948 20 — 1,248 — Impairment on assets 20 — 525 20 525 Earnout expenses 480 479 (2,953 ) 1,916 347 Adjusted EBITDA $ 226 $ 32 $ 401 $ (2,942 ) $ (6,274 ) Error while retrieving data Sign in to access your portfolio Error while retrieving data Error while retrieving data Error while retrieving data Error while retrieving data
Associated Press
16-06-2025
- Business
- Associated Press
Access Fixtures Introduces AFFO - High-Performance Marine-Grade LED Flanking Lights
AFFO LED flanking lights deliver durable, high-performance lighting with a marine-grade finish, IP66+, IK10, and 3G ratings for marine environments. 'Flanking lights play a crucial role in shipboard safety and efficiency. The AFFO series exceeds industry standards and is built to last, engineered for real-world performance.'— Steven Rothschild, CEO WORCESTER, MA, UNITED STATES, June 16, 2025 / / -- Access Fixtures, a leader in commercial and industrial lighting, announces the launch of AFFO LED Flanking Lights, a spec-grade lighting solution engineered specifically for maritime environments. Featuring marine-specific design, verified durability, and industry-leading longevity and performance, AFFO flanking lights are built to outperform in the most demanding conditions, on vessels, in ports, and across offshore platforms. With wattage options from 10 watts to 2400 watts, lumen outputs exceeding 300,000 lumens, and efficiency up to 160 lumens per watt, AFFO flanking lights deliver intense, focused illumination for critical shipboard operations, including navigation, shoreline lighting, submerged hazard avoidance, and work area illumination. Marine-Specific Design AFFO LED flanking lights are purpose-engineered for marine deployment. Every component, feature, and form factor is designed to perform on vessels where conditions demand precision, adaptability, and reliability. Precision Optics: Includes a patented spill light control system with 15+ optic options from T2S–T90D, including left/right rotation, to provide precise, glare-free lighting at long distances. Customizable Light Output: Offers Kelvin temperatures from 2200K to 590nm amber, including wildlife- and turtle-friendly options to meet project-specific and environmental requirements. Advanced Control & Mounting: Compatible with 1-10-volt dimming, DALI, and emergency power; installs with T-mount, U-mount, or L-mount slip fitter for complete on-site versatility. Lasting Durability AFFO flanking lights are engineered to withstand salt, moisture, vibration, impact, and extreme temperatures—without compromise. Marine-Grade Finish: Features AkzoNobel powder coating and passes ASTM B117-2018 testing for 5,000+ hours of continuous salt spray resistance, protecting against corrosion. Impact & Vibration Resistant: Constructed from heavy-gauge aluminum with IK10-rated glass-free polycarbonate lenses and tested to ANSI C136.31 3G vibration standards for shipboard motion. Weatherproof & Surge Protected: Rated IP66+ with IP68 airtight testing at 30KPa and built-in 10KA surge protection (20KA optional) to ensure protection from waves, spray, and unstable generator power. EXTREME-LIFE & Performance AFFO flanking lights deliver years of maintenance-free performance, even under extreme conditions, without sacrificing output or reliability. EXTREME-LIFE Rating: Certified L70 @ 200,000 hours, providing long-lasting brightness with minimal degradation over time—ideal for continuous-use maritime operations. Redundant Module Design: Features multiple LED drivers and independently wired modules, meaning if one module fails, others continue to function, eliminating full fixture shutdown. High Lumen Output & Efficiency: With up to 160 LPW, AFFO produces over 300,000 lumens per unit, supported by open architecture and thermal management to ensure stable, efficient operation. Field-Tested Across Oceans AFFO flanking lights were deployed aboard a commercial fishing vessel traveling from Spain to Panama and into the Pacific Ocean. Throughout an 8-month transoceanic journey, the fixtures endured continuous salt spray, vibration, harsh weather, and daily use, performing flawlessly while a competitor's fixture failed due to corrosion. This test confirms AFFO's exceptional real-world reliability and performance in continuous marine operation. AFFO flanking lights integrate high-output performance with engineering precision. Available in wattages from 10 watts to 2400 watts, these fixtures produce up to 300,000 lumens using advanced thermal management and a modular open-architecture design. Various optics options enable custom beam shaping, while robust construction ensures compliance with IP66, IP68 (airtight), IK10, ANSI 3G vibration, and ASTM B117-2018 salt spray standards. AFFO's multiple-driver system and redundant LED module wiring provide fail-safe operation. Surge protection up to 10KA is built in, with 20KA available. Compatible with dimming and control protocols such as DALI, AFFO flanking lights are designed to adapt to mission-critical marine lighting needs. Each AFFO flanking light is backed by a 5-year warranty, providing peace of mind alongside superior performance. About Access Fixtures Access Fixtures is a leading provider of commercial, industrial, and sports lighting. With a focus on performance, quality, and reliability, Access Fixtures designs and manufactures high-performance LED lighting solutions that meet the toughest application demands. Visit to learn more. Steven Rothschild Access Fixtures +1 800-468-9925 email us here Visit us on social media: LinkedIn Instagram Facebook YouTube TikTok X Other Legal Disclaimer: EIN Presswire provides this news content 'as is' without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. 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