SECURITIES AND EXCHANGE COMMISSION

                             WASHINGTON, D.C. 20549

                                    FORM 8-K

                                 CURRENT REPORT

                     Pursuant to Section 13 and 15(d) of the
                         Securities Exchange Act of 1934


Date of Report (date of earliest event reported): June 11, 2002 (June 6, 2002)


                            ONLINE POWER SUPPLY, INC.
- --------------------------------------------------------------------------------
              Exact Name of Registrant as Specified in its Charter)

           Nevada                      00-29669                 84-1176494
- -----------------------------    ---------------------     ---------------------
(State or other jurisdiction     (Commission File No.)       (I.R.S. Employer
      of incorporation)                                     Identification No.)



          8100 South Akron, Suite 308
          Englewood, Colorado                                      80112
- ------------------------------------------------------     ---------------------
    (Address of Principal Executive Offices)                    (Zip Code)


       Registrant's telephone number, including area code: (303) 741-5641


                                 Not Applicable
- --------------------------------------------------------------------------------
               (Former Name, Former Address or Former Fiscal Year,
                          if Changed From Last Report)






ITEM 5.  OTHER EVENTS


     OnLine Power Supply, Inc. ("OPS"), reports that the backlog of orders from
its major customer for the power factor corrected module ("PFC"), was $1,600,000
at June 6, 2002 (for deliveries scheduled through July 31, 2002), an increase
from $928,000 at May 15, 2002 (for deliveries through June 30, 2002).




                                   SIGNATURES

     Pursuant to the requirements of the Securities Exchange Act of 1934, the
Registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.


                                            ONLINE POWER SUPPLY, INC.


Dated: June 11, 2002                        By:    /s/    Glenn M. Grunewald
                                                --------------------------------
                                                GLENN M. GRUNEWALD,
                                                Chief Executive Officer