Sono-Tek Announces Largest Order in Company History
Sono-Tek (NASDAQ: SOTK) has received its largest order in company history, valued at $2.95 million, from an existing clean energy customer. This order, the third part of a multi-system program, includes four production-scale systems, bringing the customer's total to eight. The systems are scheduled for shipment in the first half of fiscal 2026.
The customer initially purchased an R&D system from Sono-Tek before advancing to production-scale machines. This order follows the delivery of four previously announced systems in FY2024 and the first half of FY2025. Sono-Tek's CEO, Steve Harshbarger, highlighted the successful collaboration and anticipates further orders as the customer expands their production line for a specialty clean energy product.
The company expects increased demand for its ultrasonic coating systems due to government funding in the clean energy sector, potentially driving growth in applications such as carbon capture, hydrogen generation, fuel cells, and advanced solar energy.
Sono-Tek (NASDAQ: SOTK) ha ricevuto il suo ordine più grande nella storia dell'azienda, del valore di 2,95 milioni di dollari, da un cliente esistente nel settore dell'energia pulita. Questo ordine, il terzo di un programma multi-sistema, include quattro sistemi di produzione, portando il totale del cliente a otto. I sistemi sono programmati per la spedizione nel primo semestre dell'anno fiscale 2026.
Il cliente aveva inizialmente acquistato un sistema di R&S da Sono-Tek prima di passare a macchine di produzione. Questo ordine segue la consegna di quattro sistemi già annunciati nell'anno fiscale 2024 e nel primo semestre dell'anno fiscale 2025. Il CEO di Sono-Tek, Steve Harshbarger, ha sottolineato la collaborazione di successo e prevede nuovi ordini man mano che il cliente espande la propria linea di produzione per un prodotto speciale nel settore dell'energia pulita.
L'azienda prevede aumento della domanda per i suoi sistemi di rivestimento ultrasonico grazie ai finanziamenti governativi nel settore dell'energia pulita, il che potrebbe stimolare la crescita in applicazioni come la cattura del carbonio, la generazione di idrogeno, le celle a combustibile e l'energia solare avanzata.
Sono-Tek (NASDAQ: SOTK) ha recibido su pedido más grande en la historia de la empresa, valorado en 2.95 millones de dólares, de un cliente existente en el sector de energías limpias. Este pedido, la tercera parte de un programa multi-sistema, incluye cuatro sistemas a escala de producción, llevando el total del cliente a ocho. Se espera que los sistemas sean enviados en el primer semestre del año fiscal 2026.
El cliente compró inicialmente un sistema de I+D de Sono-Tek antes de avanzar a máquinas a escala de producción. Este pedido sigue la entrega de cuatro sistemas anteriormente anunciados en el año fiscal 2024 y en la primera mitad del año fiscal 2025. El CEO de Sono-Tek, Steve Harshbarger, destacó la colaboración exitosa y anticipa nuevos pedidos a medida que el cliente expande su línea de producción para un producto especializado en energía limpia.
La empresa espera aumento de la demanda de sus sistemas de recubrimiento ultrasónico debido a la financiación gubernamental en el sector de energía limpia, lo que podría impulsar el crecimiento en aplicaciones como la captura de carbono, la generación de hidrógeno, las pilas de combustible y la energía solar avanzada.
소노텍(Sono-Tek)(NASDAQ: SOTK)는 회사 역사상 가장 큰 주문인 295 만 달러의 규모를 가진 주문을 기존 청정 에너지 고객으로부터 받았습니다. 이 주문은 다중 시스템 프로그램의 세 번째 부분으로 4개의 생산 규모 시스템을 포함하여 고객의 총 주문 수량을 8개로 늘립니다. 시스템은 2026 회계연도 상반기에 배송될 예정입니다.
고객은 처음에 소노텍에서 R&D 시스템을 구매한 후 생산 규모 기계로 전환하였습니다. 이 주문은 2024 회계연도 및 2025 회계연도 상반기에 발표된 4개의 시스템의 배송에 이어 이루어졌습니다. 소노텍의 CEO인 스티브 하시바거(Steve Harshbarger)는 성공적인 협력을 강조하며 고객이 특수 청정 에너지 제품의 생산 라인을 확장함에 따라 추가 주문이 있을 것으로 예상하고 있습니다.
회사는 청정 에너지 분야의 정부 자금 지원으로 인해 초음파 코팅 시스템에 대한 수요 증가를 예상하고 있으며, 이는 탄소 포집, 수소 생성, 연료 전지 및 고급 태양광 에너지와 같은 응용 분야에서의 성장을 촉진할 수 있습니다.
Sono-Tek (NASDAQ: SOTK) a reçu sa plus grande commande de l'histoire de l'entreprise, d'une valeur de 2,95 millions de dollars, d'un client existant dans le secteur de l'énergie propre. Cette commande, la troisième partie d'un programme multi-système, comprend quatre systèmes à l'échelle de la production, portant le total du client à huit. Les systèmes sont programmés pour expédition dans la première moitié de l'exercice fiscal 2026.
Le client avait initialement acheté un système de R&D chez Sono-Tek avant de passer aux machines à l'échelle de la production. Cette commande fait suite à la livraison de quatre systèmes précédemment annoncés lors de l'exercice 2024 et lors de la première moitié de l'exercice 2025. Le PDG de Sono-Tek, Steve Harshbarger, a souligné la collaboration réussie et prévoit d'autres commandes à mesure que le client développera sa chaîne de production pour un produit spécialisé dans l'énergie propre.
L'entreprise s'attend à une augmentation de la demande pour ses systèmes de revêtement ultrasonique en raison du financement gouvernemental dans le secteur de l'énergie propre, ce qui pourrait stimuler la croissance dans des applications telles que la capture du carbone, la génération d'hydrogène, les piles à hydrogène et l'énergie solaire avancée.
Sono-Tek (NASDAQ: SOTK) hat den größten Auftrag in der Unternehmensgeschichte im Wert von 2,95 Millionen Dollar von einem bestehenden Kunden aus dem Bereich der sauberen Energie erhalten. Dieser Auftrag, der dritte Teil eines Multi-System-Programms, umfasst vier Systeme in Produktionsgröße, was die Gesamtzahl des Kunden auf acht erhöht. Die Systeme sollen im ersten Halbjahr des Geschäftsjahres 2026 versandt werden.
Der Kunde hatte ursprünglich ein F&E-System von Sono-Tek erworben, bevor er auf Produktionsmaschinen umstieg. Dieser Auftrag folgt der Lieferung von vier zuvor angekündigten Systemen im Geschäftsjahr 2024 und dem ersten Halbjahr des Geschäftsjahres 2025. Der CEO von Sono-Tek, Steve Harshbarger, betonte die erfolgreiche Zusammenarbeit und erwartet weitere Bestellungen, da der Kunde seine Produktionslinie für ein Fachprodukt im Bereich der sauberen Energie ausbaut.
Das Unternehmen rechnet mit einem steigenden Bedarf an seinen Ultraschall-Beschichtungssystemen aufgrund von staatlichen Förderungen im Bereich der sauberen Energie, was das Wachstum in Anwendungen wie Kohlenstoffabscheidung, Wasserstofferzeugung, Brennstoffzellen und fortschrittlicher Solarenergie vorantreiben könnte.
- Largest order in company history worth $2.95 million
- Expansion of existing customer relationship in clean energy sector
- Increase in total production-scale systems for the customer from 4 to 8
- Potential for further orders from the same customer
- Higher average selling prices (ASPs) expected to positively impact growth
- Increased demand anticipated from government funding in clean energy sector
- None.
Insights
Sono-Tek's announcement of a
The progressive nature of this customer relationship - from R&D to production scale - is a positive indicator of Sono-Tek's ability to convert initial engagements into substantial, long-term partnerships. This pattern could potentially be replicated with other customers, suggesting a scalable growth model.
Financially, this order will contribute to revenue in fiscal 2026, providing visibility into future earnings. The higher ASPs of these systems are likely to positively impact profit margins. However, investors should note that the long lead time (shipment in FY2026) means the immediate financial impact will be
The clean energy sector's growth, fueled by government initiatives, presents a significant market opportunity for Sono-Tek. Their positioning across various applications (carbon capture, hydrogen generation, fuel cells, advanced solar) diversifies their exposure within this booming sector, potentially reducing risk and enhancing growth prospects.
While this order is encouraging, investors should monitor Sono-Tek's ability to manage production scaling and maintain quality as order sizes increase. Additionally, the concentration risk of relying heavily on one customer should be considered in the overall investment thesis.
Sono-Tek's ultrasonic coating systems are proving to be a critical enabling technology in the clean energy sector. The customer's progression from R&D to large-scale production systems indicates that Sono-Tek's technology is meeting the stringent requirements of commercial-scale clean energy applications.
The repeated orders and increasing system size suggest that the customer is scaling up production, which is a positive sign for the viability of their clean energy product. This could be indicative of broader trends in the industry, where technologies are moving from lab to commercial scale.
Sono-Tek's involvement in diverse clean energy applications - from carbon capture to advanced solar - positions them as a versatile supplier in the green tech ecosystem. This diversification is important as different clean energy technologies may advance at varying rates.
The mention of government funding driving demand is significant. It suggests that policy support is translating into tangible market growth, which could accelerate adoption of clean energy technologies and, by extension, demand for Sono-Tek's products.
However, the clean energy sector is known for its rapid technological evolution. Sono-Tek will need to continue innovating to maintain its competitive edge. Investors should monitor the company's R&D efforts and patent filings to ensure they're staying ahead of potential disruptive technologies in thin film application.
Third Part of Expected Multi-System Program
4 System Order Expected to be Shipped in First Half of Fiscal 2026
MILTON, N.Y., July 31, 2024 (GLOBE NEWSWIRE) -- Sono-Tek Corporation (Nasdaq: SOTK), the leading developer and manufacturer of ultrasonic coating systems, is pleased to announce that it has received a significant new order from an existing clean energy customer. The
This new order comprises four production-scale systems and builds upon the delivery of four previously announced production-scale machines. These machines were shipped to the customer in FY2024, which ended on February 29, 2024, and during the first half of FY2025, ending February 28, 2025. With this additional order, the total number of production-scale machines for this customer will increase to eight. The customer initially purchased an R&D system from Sono-Tek to develop their processes before advancing to production-scale systems. The new order is scheduled for shipment during the first half of fiscal 2026, starting March 1, 2025.
Steve Harshbarger, President and CEO of Sono-Tek, commented, “This new order from a clean energy customer marks the largest in our company's history and is a testament to the successful collaboration between our teams. This customer has been progressively building out their production line for a specialty clean energy product, starting with an R&D unit and refining their manufacturing process with the support of our application engineering team. In addition to these production-scale systems, this customer continues to place orders for smaller R&D machines for various projects, demonstrating their ongoing trust and partnership with Sono-Tek. We anticipate further orders from this customer following the successful integration of these production systems, which leverage Sono-Tek’s proprietary thin film application technology.”
Harshbarger added, “The recent distribution of funding from large-scale government initiatives for the clean energy sector is driving demand for our proprietary ultrasonic coating systems across various applications, including carbon capture, hydrogen generation, fuel cells, and advanced solar energy. The higher average selling prices (ASPs) that these systems command are expected to positively impact Sono-Tek's growth in the coming years.”
For more information about Sono-Tek Corporation and its innovative ultrasonic coating solutions, please visit www.sono-tek.com.
Safe Harbor Statement
This news release contains forward looking statements regarding future events and the future performance of Sono-Tek Corporation that involve risks and uncertainties that could cause actual results to differ materially. These “forward-looking statements” are based on currently available competitive, financial and economic data and our operating plans. They are inherently uncertain, and investors must recognize that events could turn out to be significantly different from our expectations and could cause actual results to differ materially. These factors include, among other considerations, general economic and business conditions, including political, regulatory, tax, competitive and technological developments affecting our operations or the demand for our products; inflationary and supply chain pressures; the recovery of the Electronics/Microelectronics and Medical markets; rebound of sales to the industrial market in the second quarter of fiscal year 2025; maintenance of order backlog; the imposition of tariffs; timely development and market acceptance of new products and continued customer validation of our coating technologies; adequacy of financing; capacity additions, the ability to enforce patents; maintenance of operating leverage; consummation of order proposals; completion of large orders on schedule and on budget; continued sales growth in the medical and alternative energy markets; successful transition from primarily selling ultrasonic nozzles and components to a more complex business providing complete machine solutions and higher value subsystems; and realization of quarterly and annual revenues within the forecasted range of sales guidance. We undertake no obligation to update any forward-looking statement.
For more information:
Sono-Tek Corp.
Stephen J. Bagley
Chief Financial Officer
Ph: (845) 795-2020
info@sono-tek.com
Investor Relations
Kirin Smith
PCG Advisory, Inc.
ksmith@pcgadvisory.com
FAQ
What is the value of Sono-Tek's (SOTK) largest order in company history?
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