$2.95 Million Order from Specialty Clean Energy Customer
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 $2.95 million order is the third part of an anticipated multi-system program and is Sono-Tek’s largest order in its history.
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 …