Sono-Tek Announces $820K Order for Diagnostic Medical Device Coating Systems
MWN-AI** Summary
Sono-Tek Corporation (Nasdaq: SOTK), a leader in ultrasonic coating systems, recently announced an $820,000 purchase order for coating equipment intended for the production of diagnostic medical devices. This order, placed through a subcontractor that integrates Sono-Tek's technology into an automated manufacturing line, underscores the company’s continued success in the medical sector. The newly ordered system will enhance the production capabilities of an existing customer by allowing the deposition of a specialized electronically active layer, marking a significant upgrade from previously supplied equipment.
Sono-Tek CEO Steve Harshbarger highlighted the importance of this order, noting that it reflects the strengthening relationship with the customer as they scale their manufacturing operations. This order comes after the customer’s earlier purchases of two production systems priced between $175,000 and $190,000, indicating a positive trend toward increased production capability and throughput.
Furthermore, this latest contract demonstrates Sono-Tek's expansion within the medical sector, a crucial component of its long-term growth strategy. Notably, it originates from a different customer than the previous substantial orders of $5.0 million and $2.8 million, showcasing the company’s broadening footprint in the market. The potential for future orders from this customer suggests a promising outlook as they expand their production capabilities further.
Sono-Tek is committed to advancing its innovative technologies and expanding its market reach, providing environmentally friendly and efficient coating solutions across various industries, including clean energy. The company’s growth strategy aims to leverage its proprietary technologies and expertise to enhance customer outcomes and maintain its leadership position in thin film coating solutions.
MWN-AI** Analysis
Sono-Tek Corporation's recent announcement of an $820,000 order for diagnostic medical device coating systems is a promising indicator of the company's growth trajectory, especially within the medical sector. This order, linked to the scaling production of an existing customer, highlights the increasing demand for Sono-Tek's advanced coating technologies, which are essential in manufacturing cutting-edge diagnostic devices.
From an investment perspective, Sono-Tek represents an interesting opportunity. The company has demonstrated a robust strategy in diversifying its clientele within the medical sector, evident from this recent order being from a different customer than the significant $5.0 million and $2.8 million contracts announced earlier. This diversification reduces risk and underscores Sono-Tek's growing market footprint, which is essential for investors seeking stability.
Moreover, Sono-Tek's transition from basic ultrasonic nozzles to more sophisticated, high-value subsystems aligns with a broader industry trend towards automation and enhanced manufacturing efficiency. This pivot not only increases the average selling prices of their products but also positions the company favorably against competitors in a rapidly evolving sector. The ongoing relationship with existing customers and the potential for larger integrated system orders further amplify growth prospects.
However, investors should remain cautious of the inherent risks outlined in Sono-Tek's safe harbor statement. Factors such as economic fluctuations, supply chain challenges, and the need for ongoing innovation can impact the company's performance. Maintaining watchfulness on how these dynamics evolve will be crucial.
Overall, Sono-Tek appears well-placed for future growth, especially as the demand for medical devices continues to rise. Investors looking for exposure in the innovative manufacturing sector may find Sono-Tek to be a compelling option, provided they remain aware of the associated risks.
**MWN-AI Summary and Analysis is based on asking OpenAI to summarize and analyze this news release.
MILTON, N.Y., March 11, 2026 (GLOBE NEWSWIRE) -- Sono-Tek Corporation (Nasdaq: SOTK), the leading developer and manufacturer of ultrasonic coating systems, today announced that it has received a purchase order valued at $820,000 for coating equipment to be used in the production of diagnostic medical devices.
The order, placed through a subcontractor integrating Sono-Tek’s technology into a larger automated manufacturing line, reflects the continued scaling of production by an existing customer in the medical sector. The system will support a diagnostic-related application involving the deposition of a specialized electronically active layer and represents a significant expansion in production capability compared to earlier equipment supplied by Sono-Tek. The system is expected to ship during fiscal year 2027.
Steve Harshbarger, President and CEO of Sono-Tek, commented:
“This order reflects the continued progression of our relationship with this customer as they scale their manufacturing capabilities. The customer previously purchased two Sono-Tek production systems priced between $175,000 and $190,000 as they began scaling early production. This latest order represents a meaningful step forward in both system capability and throughput, and demonstrates our strategy of supporting customers as they transition toward larger, more complex production platforms with higher average selling prices.”
This award further reinforces Sono-Tek’s continued success in the medical device sector, a key growth driver in the Company’s long-term strategy. Importantly, this order is from a different customer than the previously announced $5.0 million and $2.8 million medical device system orders, highlighting the Company’s expanding footprint across multiple production programs within the broader medical sector. The Company believes this program may lead to additional opportunities with this customer as production continues to expand, including potential future orders for larger integrated coating systems that further increase average selling prices.
About Sono-Tek
Sono-Tek Corporation is the global leader in the design and manufacture of ultrasonic coating systems that are shaping industries and driving innovation worldwide. Our ultrasonic coating systems are used to apply thin films onto parts used in diverse industries including microelectronics, alternative energy, medical devices, advanced industrial manufacturing, and research and development sectors worldwide. Sono-Tek's inroads into the clean energy sector are showing transformative results in next-gen solar cells, fuel cells, green hydrogen generation, and carbon capture applications.
Our product line is rapidly evolving, transitioning from R&D to high-volume production machines with significantly higher average selling prices, showcasing our market leadership and adaptability. Our comprehensive suite of thin film coating solutions and application consulting services are expected to generate unparalleled results for our clients and help some of the world's most promising companies achieve technological breakthroughs and bring them to the market. We strategically deliver our products to customers through a network of direct sales personnel, carefully chosen independent distributors, and experienced sales representatives, ensuring efficient market reach across diverse sectors around the globe.
Our solutions are environmentally friendly, efficient and highly reliable, and enable dramatic reductions in overspray, savings in raw material, water and energy usage and provide improved process repeatability, transfer efficiency, high uniformity and reduced emissions.
Sono-Tek’s growth strategy is focused on leveraging its innovative technologies, proprietary know-how, unique talent and experience, and global reach to further develop thin film coating technologies that enable better outcomes for its customers’ products and processes.
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; continued strength of sales to the medical device market; continued private and public funding for the clean energy sector; continued strong demand for Sono-Tek’s suite of thin film coating solutions and application consulting services in the clean energy and other markets; maintenance of order backlog; evolving tariff policies; 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; 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 specific technological advancements does Sono-Tek Corporation SOTK's new ultrasonic coating system bring to the production of diagnostic medical devices, and how might this impact their competitive positioning in the market?
Can you elaborate on the role of subcontractors in Sono-Tek Corporation SOTK’s supply chain, especially in relation to this recent $820,000 order for medical device coating equipment?
How does Sono-Tek Corporation SOTK plan to leverage this recent purchase order to develop additional business opportunities and potential future orders within the medical sector?
What measures is Sono-Tek Corporation SOTK taking to navigate risks related to supply chain pressures and inflation while ensuring continued growth and expansion in the medical device market?
**MWN-AI FAQ is based on asking OpenAI questions about Sono-Tek Corporation (NASDAQ: SOTK).
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