Sono-Tek receives $2.8 million order from US medical device maker By Investing.com
Key Takeaways
- Sono-Tek received a purchase order valued at over $2.8 million for advanced ExactaCoat MD coating systems.
- The order is from an existing, ramping-up major U.S.-based medical device manufacturer.
- Deliveries for this new equipment are scheduled to start in early 2026 and be completed within the first half of 2026.
- This order is separate from a previously announced $5 million medical device order, indicating a broadening customer base.
- The company also announced a governance update where board member Philip Strasburg did not stand for reelection.
Sono-Tek Corporation announced on Monday that it has received a significant purchase order exceeding $2.8 million from a major U.S.-based medical device manufacturer for several advanced ExactaCoat MD systems. These new systems feature expanded capabilities and will be installed alongside the customer's existing Sono-Tek equipment, with deliveries slated to begin in early 2026 and finish within the first half of the year. The company highlighted that this order comes from an existing customer that is currently increasing its production volume. CEO Steve Harshbarger noted that this award validates the confidence leading medical device manufacturers have in Sono-Tek during production scaling. Furthermore, the company emphasized that this order is distinct from a recent $5 million order, signaling a broader base of high-value opportunities in the medical device sector, which is a key growth driver. In governance news, Philip Strasburg concluded his term as a board member after not standing for reelection at the annual shareholder meeting.
