Syntec Optics Holdings, Inc. (OPTX) — 3.15 (+0.15)

US NASDAQ — Technology Sector
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News

Syntec Optics (Nasdaq: OPTX) Announces Executive Changes to Support Growth Plan
OPTX
Published: April 15, 2024 by: GlobeNewsWire
Sentiment: Neutral

ROCHESTER, NEW YORK, April 15, 2024 (GLOBE NEWSWIRE) -- Syntec Optics Holdings, Inc. (“Syntec Optics” or the “Company”) (Nasdaq: OPTX), a leading provider of mission-critical optics to scientific and technical instruments and defense and aerospace OEMs, announced today executive-level changes. These changes will support its manufacturing excellence for organic growth and build upon its strategic initiatives for future inorganic growth. These executives will provide leadership across all key functions for continuing growth and development.

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image for news Syntec Optics (Nasdaq: OPTX) Announces Executive Changes to Support Growth Plan
Syntec Optics (Nasdaq: OPTX) Secures Order to Develop New Disposable Optics for Digital Health Treatment
OPTX
Published: April 12, 2024 by: GlobeNewsWire
Sentiment: Neutral

ROCHESTER, NEW YORK, April 12, 2024 (GLOBE NEWSWIRE) -- Syntec Optics, a leading provider of mission-critical optics for scientific and technical instruments and defense and aerospace OEMs, announced today the launch of process development for a high-volume production line to make disposable medical optics. After nearly three years of concept proposals, Syntec Optics secured the order and plans to install a fully automated advanced production line for this new product.

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image for news Syntec Optics (Nasdaq: OPTX) Secures Order to Develop New Disposable Optics for Digital Health Treatment
Syntec Optics (Nasdaq: OPTX) to Showcase Advanced Imaging and Sensing Technologies at SPIE Defense + Commercial Sensing 2024
OPTX
Published: April 05, 2024 by: GlobeNewsWire
Sentiment: Neutral

ROCHESTER, NEW YORK, April 05, 2024 (GLOBE NEWSWIRE) -- Syntec Optics (Nasdaq: OPTX), a mission-critical supplier of scientific and technical instruments and defense and aerospace optics to OEMs, gears up for a dynamic presence at SPIE Defense + Commercial Sensing (DCS) 2024, taking place April 21 – 25, 2024, in National Harbor, Maryland. At booth #938, Syntec Optics will demonstrate its latest breakthroughs, engage with valued customers, and ignite further partnerships within the vibrant defense and sensing community.

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image for news Syntec Optics (Nasdaq: OPTX) to Showcase Advanced Imaging and Sensing Technologies at SPIE Defense + Commercial Sensing 2024
Syntec Optics (Nasdaq: OPTX) Secures New Optics Order for Defense Head-Up Microdisplays
OPTX
Published: April 01, 2024 by: GlobeNewsWire
Sentiment: Neutral

ROCHESTER, NEW YORK, April 01, 2024 (GLOBE NEWSWIRE) -- Syntec Optics (Nasdaq: OPTX), a mission-critical supplier of scientific and technical instruments and defense and aerospace optics to OEMs, today announced orders for a new high-resolution, wide-field-of-view, innovative freeform prism subsystem that makes up high-brightness and high-contrast defense microdisplays used for viewing vital information. These new orders add to orders received for other versions of microdisplay optics already in production.

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image for news Syntec Optics (Nasdaq: OPTX) Secures New Optics Order for Defense Head-Up Microdisplays
Syntec Optics (Nasdaq: OPTX) Delivers 50,000th Precision MicroLens Array for New End-Market
OPTX
Published: February 05, 2024 by: GlobeNewsWire
Sentiment: Neutral

ROCHESTER, NEW YORK, Feb. 05, 2024 (GLOBE NEWSWIRE) -- Syntec Optics, a scientific and technical instruments and aerospace and defense optics provider, celebrated another production milestone by delivering its 50,000th previously announced and launched new microlens array within a very short process development period. Syntec's experienced team has now expanded its production capacity quickly by acquiring production and metrology equipment from the customer's facility to support more product lines and product deliveries planned in 2024.

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image for news Syntec Optics (Nasdaq: OPTX) Delivers 50,000th Precision MicroLens Array for New End-Market

About Syntec Optics Holdings, Inc. (OPTX)

  • IPO Date 2022-01-26
  • Website https://www.syntecoptics.com
  • Industry Hardware, Equipment & Parts
  • CEO Mr. Al Kapoor
  • Employees None

Syntec Optics Holdings, Inc. manufactures and supplies integrated optics for biomedical, defense and military, consumer, and other applications. It offers camera modules; tool design, design for manufacturing, optical and opto-mechanical design, and moldflow analysis; SPDT optics, such as freedom optics, microlens arrays, spheres and aspheres, diffractives, SPDT materials, and optical tooling; replicative molding, that includes polymer and glass molding, and molded production materials; thin film coating and coating curve materials; and precision machining and precision machining materials. The company also provides clean room assembly, such as opto mechanical, opto electronic, and integrated photonics; infrared optics, microlens arrays, software development, and optical metrology, and catalog optics services. In addition, it offers driverless cars, integrated photonics, robotics, sensors, VR and AR, machine vision, facial imagining, heads up display, finger print scanners, and laser scanners technology for consumers; night vision goggles, missile laser guides, biometrics, infrared and thermal imaging, ordnance optics, head mounted displays, 2D and 3D scanners, humvee lighting , laser targeting, protective domes and windows, and lidar technologies for defense and miliary; and medical diagnostic, microfluidics, surgical components and systems, and medical sensing technology for medical sectors. The company was founded in 1981 and is based in Rochester, New York.