Welcome to our dedicated page for Syntec Optics Holdings news (Ticker: OPTX), a resource for investors and traders seeking the latest updates and insights on Syntec Optics Holdings stock.
Syntec Optics Holdings, Inc. develops and manufactures precision optics and photonics products for defense, biomedical, communications and consumer end markets. The company’s vertically integrated capabilities include design, toolmaking, glass and polymer molding, thin-film coatings, nano machining, optical assemblies, opto-electronic assemblies and imaging module integration.
News about Syntec Optics commonly covers production scaling, purchase orders and product-line activity in areas such as Low Earth Orbit satellite optics, night-vision optics, integrated optical assemblies, biomedical optics, AI data center optics and micro cameras for augmented-reality defense systems. Company updates also include operating and financial results, domestic supply-chain positioning, shareholder voting matters and capital actions involving its Nasdaq-listed common stock.
Syntec Optics (Nasdaq: OPTX) announced nearly $2.4 million in new space optics purchase orders for a product line scaled for higher production in Q1 2026, supporting weekly Low Earth Orbit satellite launches.
This expands a prior nearly $1.9 million order, bringing recent awards to about $4.3 million, with delivery expected before mid-next quarter.
Syntec Optics (Nasdaq: OPTX) announced a new $4.6 million purchase order to continue manufacturing advanced laser blood-test cartridges and optical reader subsystems for critical-care analyzers used in global clinics and hospitals.
About half of this order has shipped, with full delivery targeted by Q3.
Perrigo (NYSE: PRGO) announced a leadership transition. Board member Albert A. Manzone was appointed Interim President and CEO, effective immediately, replacing Patrick Lockwood-Taylor, who resigned from his roles. The Board stated his personal conduct was inconsistent with the Code of Conduct but unrelated to business or financial reporting. Perrigo reaffirmed its full-year 2026 outlook, including All In net sales growth of (5.5)% to (1.5)%, All In adjusted EPS of $2.00–$2.30, Core net sales growth of (3.0)% to +1.0%, and Core adjusted EPS of $2.25–$2.55.
Syntec Optics (Nasdaq: OPTX) has been selected for inclusion in the Russell 3000 Index as part of the 2026 reconstitution, effective after the U.S. market close on June 26, 2026.
Inclusion brings automatic membership in the Russell 1000 or 2000 and related style sub-indexes, enhancing institutional visibility. According to FTSE Russell, about $10.6 trillion in assets are benchmarked to these indexes. The final index list is scheduled for implementation at the U.S. market open on June 29, 2026.
Syntec Optics (Nasdaq: OPTX) announced multiple deep-tech product delivery milestones across defense, space, and hyperscale AI markets.
The company delivered nanoscale-accuracy optics for multi-spectral defense imaging, armored vehicles, and missile warning, transitioned military space optics into hyperspectral Earth observation, and supplied optics for space-solar beaming, orbital AI compute, terrestrial fusion energy, and Artemis lunar launch components.
Syntec Optics (Nasdaq: OPTX) reported Q1 2026 revenue of $6.5M, down from $7.1M, with gross profit of $1.0M versus $2.3M and a net loss of $0.9M, or $(0.02) per diluted share.
The company generated $0.5M operating cash, ended Q1 with $0.6M cash and $1.3M liquidity, then raised about $21.5M net in a public offering and repaid its revolver to zero while keeping access to a $7.5M facility. Syntec guides Q2 2026 net sales to above $7.5M and highlights growth programs in defense and space optics.
Syntec Optics (Nasdaq: OPTX) announced it will host a conference call to discuss financial results and provide a business update on Monday, May 18, 2026, at 5:00 p.m. ET.
The call requires advance Zoom registration, with a replay webcast available on the company’s investor relations website until June 1, 2026.
Syntec Optics (Nasdaq: OPTX) said it quadrupled monthly production of its ultra-high precision space optics in March 2026 versus March 2025, scaled operations using a proprietary efficiency framework, and advanced defense technologies while shipping an antenna stabilization mechanism.
By Q1 end the company had shipped nearly 50% of its 2025 space-product sales volume, and management says this throughput increase supports expansion into Low Earth Orbit satellite product lines.
Syntec Optics (Nasdaq: OPTX) closed an underwritten public offering of 2,857,142 shares at $7.00 per share on April 30, 2026, generating gross proceeds of approximately $20 million.
The underwriter has a 30‑day option to purchase up to 428,571 additional shares. Net proceeds are intended for acquisitions or investments, working capital, capital expenditures and potential repayment of indebtedness.
Syntec Optics (Nasdaq: OPTX) priced an underwritten public offering of 2,857,142 shares at $7.00 per share, with gross proceeds expected to be approximately $20 million. The underwriter has a 30-day option for an additional 428,571 shares. Closing is expected on or about April 30, 2026.
The company intends to use net proceeds to acquire or invest in complementary businesses, technologies, products or assets, and for working capital, capital expenditures and potential repayment of indebtedness. The offering is made pursuant to an effective Form S-1 (File No. 333-295335).