TurnOnGreen Subsidiary Wins Defense Contract for Next-Gen Airborne Power System
TOGI has more than doubled off its 52-week low of $0.005.
Summary
TurnOnGreen's subsidiary, Digital Power Corporation, has been awarded a contract by a leading aerospace and defense contractor to develop and manufacture a ruggedized power supply for a next-generation airborne military platform. This contract is a significant positive development for the micro-cap company, especially following its Q1 2026 report which cited increased losses and substantial doubt about its going concern ability. While financial terms were not disclosed, the win validates Digital Power's specialized expertise in critical defense applications and offers potential for future revenue growth.
At the time of this announcement, TOGI was trading at $0.02 on OTC in the Industrial Applications And Services sector, with a market capitalization of approximately $3.8M. The 52-week trading range was $0.01 to $0.10. This news item was assessed with positive market sentiment and an importance score of 7 out of 10. Source: PR Newswire.