-
- News
- Books
Featured Books
- smt007 Magazine
Latest Issues
Current IssueBox Build
One trend is to add box build and final assembly to your product offering. In this issue, we explore the opportunities and risks of adding system assembly to your service portfolio.
IPC APEX EXPO 2024 Pre-show
This month’s issue devotes its pages to a comprehensive preview of the IPC APEX EXPO 2024 event. Whether your role is technical or business, if you're new-to-the-industry or seasoned veteran, you'll find value throughout this program.
Boost Your Sales
Every part of your business can be evaluated as a process, including your sales funnel. Optimizing your selling process requires a coordinated effort between marketing and sales. In this issue, industry experts in marketing and sales offer their best advice on how to boost your sales efforts.
- Articles
- Columns
Search Console
- Links
- Events
||| MENU - smt007 Magazine
Orbit International’s Electronics Group Reports Q2 Bookings
July 8, 2021 | Globe NewswireEstimated reading time: 1 minute
Orbit International Corp., an electronics manufacturer and software solution provider, announced that its Electronics Group (OEG), reported bookings in excess of $3,250,000 for the second quarter of 2021. Deliveries for certain of these orders have already commenced and are expected to continue through the third quarter of 2022.
Mitchell Binder, President and CEO of Orbit International commented, “We are pleased to report that orders for the OEG exceeded $3,250,000 for the second quarter of 2021. These orders included approximately $770,000 for a display used on several aircraft programs and over $730,000 in orders received by our Q-Vio Corp. subsidiary for its displays used for both defense and industrial applications. Our sales teams for the OEG are working on several new and follow-on opportunities that we hope will result in comparable bookings for the third and fourth quarters although the timing of the receipt of these awards, particularly from our military customers can be subject to delay.”
Binder added, “We are also encouraged that in June 2021 our Power Group (“OPG”) received additional orders, utilizing its VPX technology, that resulted in total orders through June 30, 2021, exceeding VPX orders for the entire 2020 year. We believe we are still at the forefront of this technology and that our VPX opportunities will be the driver of future revenue growth for this segment of our business. However, our increase in VPX power supply bookings continue to be offset by weak bookings from our commercial division. Many of our commercial customers are in the recovery stage resulting from the COVID-19 pandemic and we are hopeful that as the pandemic’s adverse effects subside, our commercial business will begin to improve.”
Suggested Items
ZESTRON Academy Launches 2024 Advanced Packaging & Power Electronics Webinar Series
05/01/2024 | ZESTRONZESTRON, the leading global provider of high-precision cleaning products, services, and training solutions in the electronics manufacturing and semiconductor industries, proudly announces the launch of its highly anticipated webinar series on Advanced Packaging & Power Electronics, a webinar series on the latest innovations, cleaning, and corrosion challenges.
NextFlex Convenes the Hybrid Electronics Community at Binghamton University
05/01/2024 | NextFlexBinghamton University hosted the NextFlex hybrid electronics community on April 18 for a day of expert presentations, breakout sessions on technology and manufacturing topics, and networking.
HQ NextPCB of HQ Electronics Debut on the International Stage for Electronics Manufacture at IPC APEX 2024
05/01/2024 | PRNewswireHQ NextPCB of HQ Electronics, a leading Chinese-based multilayer PCB manufacturer and assembly house showcased its industrial prowess on the international stage for the first time at the IPC APEX Expo 2024.
GPV’s Q1 2024 Interim Financial Report Shows Strong Navigation in Uncertain Times
05/01/2024 | GPVDanish-based GPV recorded an expected drop in sales to DKK 2.3 billion for the first quarter of 2024. The decline also affected the operating profit, which was DKK 155 million compared to DKK 179 million in the same quarter last year, although the EBITDA margin was maintained. In general, demand has been softer in 2024, but GPV continues to invest for the long-term and expects the trend to turn in the second half of 2024.
All-Inclusive: PRIDE Industries Helps Employees With Disabilities to Succeed
05/01/2024 | Sandy Gentry, IPCPRIDE Industries is the leading employer of people with disabilities and those with other barriers to employment in the United States, including veterans and former foster youth. The company offers job training, placement, on-the-job coaching, and skills development for independent living. It has held IPC membership since 2000. Read more about this unique business and its connection to the electronics manufacturing industry.