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INRAD OPTICS INC - INRD STOCK NEWS

Welcome to our dedicated page for INRAD OPTICS news (Ticker: INRD), a resource for investors and traders seeking the latest updates and insights on INRAD OPTICS stock.

INRAD OPTICS INC (INRD) delivers precision optical components and photonic systems for advanced industrial, scientific, and medical applications. This news hub provides authorized updates on the company's technical advancements, financial performance, and market positioning within the optics sector.

Access verified updates including earnings reports, product innovations, and strategic partnerships. Investors and industry professionals will find essential information about manufacturing developments, research breakthroughs, and operational milestones that shape INRD's role in photonic engineering markets.

Our curated news collection covers critical updates such as optical component certifications, specialized material developments, and technology licensing agreements. Content spans financial disclosures, production capacity changes, and scientific collaborations relevant to laser systems, spectroscopy, and imaging technologies.

Bookmark this page for direct access to primary source materials and analyzed updates about INRD's contributions to precision optics. Monitor developments in crystal growth techniques, optical coating innovations, and photonic device applications through our maintained news archive.

Rhea-AI Summary

Luxium Solutions has completed the acquisition of Inrad Optics, enhancing its leadership in optics and photonics. The acquisition brings innovative products, operational expertise, and capacity investment to Inrad Optics. Amy Eskilson, Inrad Optics' CEO, expressed gratitude to stakeholders and highlighted future success prospects. Michael Cahill, CEO of Luxium Solutions, emphasized collaboration and enhanced value for customers. The acquisition, along with Luxium's previous acquisition of PLX in May 2024, underscores Luxium's commitment to growth and innovation in the industry.

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Rhea-AI Summary
Inrad Optics, Inc. is set to be acquired by Luxium Solutions in an all-cash transaction valued at approximately $19 million, including assumed debt. Stockholders will receive $1.10 per share in cash, with Luxium, SK Capital, and Edgewater bringing significant experience in leading material science industrial growth companies. The acquisition aims to provide Inrad Optics with resources to accelerate investments in technologies vital for future development.
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INRAD OPTICS INC

OTC:INRD

INRD Rankings

INRD Stock Data

18.28M
9.01M
46.24%
27.18%
Electronic Components
Technology
Link
United States
Northvale