Syntec Optics (Nasdaq: OPTX) Secures New $2.1M Advanced Optics Order for Next Generation U.S. Defense Integrated Scopes
Syntec Optics (OPTX) has secured $2.1M in follow-on orders for advanced military scope optics. The company will deliver mission-critical optics through 2026 for next-generation military scopes that integrate multiple advanced technologies.
The sophisticated scopes combine variable magnification optics, laser rangefinders, visible and infrared lasers, digital display overlays, and various sensing capabilities. The orders are expected to increase in subsequent years with an anticipated program duration of over a decade.
Syntec's specialized manufacturing techniques for intricate optics support the Army's modernization efforts of half-century-old equipment. The scopes function like computers, calculating range, ballistics, atmospherics, and directional information, while featuring digital overlay and wireless capabilities compatible with the Army's new smart goggles.
Syntec Optics (OPTX) ha ottenuto 2,1 milioni di dollari in ordini di follow-on per ottiche avanzate per mirini militari. L'azienda fornirà ottiche fondamentali per le missioni fino al 2026 per i mirini militari di nuova generazione che integrano molteplici tecnologie avanzate.
I sofisticati mirini combinano ottiche a ingrandimento variabile, misuratori di distanza laser, laser visibili e infrarossi, sovrapposizioni di display digitali e varie capacità di rilevamento. Si prevede che gli ordini aumenteranno negli anni successivi con una durata programmata di oltre un decennio.
Le tecniche di produzione specializzate di Syntec per ottiche complesse supportano gli sforzi di modernizzazione dell'Esercito, che si occupa di attrezzature vecchie di mezzo secolo. I mirini funzionano come computer, calcolando distanza, balistica, condizioni atmosferiche e informazioni direzionali, mentre presentano sovrapposizioni digitali e capacità wireless compatibili con i nuovi occhiali intelligenti dell'Esercito.
Syntec Optics (OPTX) ha asegurado 2,1 millones de dólares en pedidos de seguimiento para ópticas avanzadas de mira militar. La empresa proporcionará ópticas críticas para la misión hasta 2026 para las miras militares de próxima generación que integran múltiples tecnologías avanzadas.
Las sofisticadas miras combinan ópticas de aumento variable, telémetros láser, láseres visibles e infrarrojos, superposiciones de pantallas digitales y diversas capacidades de detección. Se espera que los pedidos aumenten en los años siguientes con una duración programada de más de una década.
Las técnicas de fabricación especializadas de Syntec para ópticas complejas apoyan los esfuerzos de modernización del Ejército en equipos de medio siglo de antigüedad. Las miras funcionan como computadoras, calculando distancia, balística, condiciones atmosféricas e información direccional, mientras cuentan con superposiciones digitales y capacidades inalámbricas compatibles con las nuevas gafas inteligentes del Ejército.
Syntec Optics (OPTX)는 고급 군용 조준경 광학을 위한 후속 주문으로 210만 달러를 확보했습니다. 이 회사는 차세대 군용 조준경에 통합된 여러 첨단 기술을 통해 2026년까지 임무에 필수적인 광학 장비를 제공합니다.
이 정교한 조준경은 가변 배율 광학, 레이저 거리 측정기, 가시 및 적외선 레이저, 디지털 디스플레이 오버레이 및 다양한 감지 기능을 결합합니다. 향후 몇 년 동안 주문이 증가할 것으로 예상되며, 프로그램 기간은 10년 이상으로 예상됩니다.
Syntec의 복잡한 광학에 대한 전문 제조 기술은 반세기 된 장비의 현대화 노력을 지원합니다. 이 조준경은 컴퓨터처럼 작동하여 거리, 탄도학, 대기 조건 및 방향 정보를 계산하며, 군대의 새로운 스마트 고글과 호환되는 디지털 오버레이 및 무선 기능을 제공합니다.
Syntec Optics (OPTX) a sécurisé 2,1 millions de dollars en commandes supplémentaires pour des optiques avancées de lunettes militaires. L'entreprise fournira des optiques essentielles pour les missions jusqu'en 2026 pour les lunettes militaires de nouvelle génération qui intègrent plusieurs technologies avancées.
Les lunettes sophistiquées combinent des optiques à grossissement variable, des télémètres laser, des lasers visibles et infrarouges, des superpositions d'affichage numérique et diverses capacités de détection. On s'attend à ce que les commandes augmentent au cours des années suivantes, avec une durée de programme prévue de plus d'une décennie.
Les techniques de fabrication spécialisées de Syntec pour des optiques complexes soutiennent les efforts de modernisation de l'Armée concernant des équipements vieux de cinquante ans. Les lunettes fonctionnent comme des ordinateurs, calculant la portée, la balistique, les conditions atmosphériques et les informations directionnelles, tout en présentant des superpositions numériques et des capacités sans fil compatibles avec les nouvelles lunettes intelligentes de l'Armée.
Syntec Optics (OPTX) hat 2,1 Millionen Dollar an Folgeaufträgen für fortschrittliche militärische Zielfernrohroptik gesichert. Das Unternehmen wird bis 2026 mission-critical Optiken für die nächste Generation von Militärzielfernrohren liefern, die mehrere fortschrittliche Technologien integrieren.
Die anspruchsvollen Zielfernrohre kombinieren variabel vergrößernde Optiken, Laser-Entfernungsmesser, sichtbare und infrarote Laser, digitale Display-Overlays und verschiedene Sensorfähigkeiten. Es wird erwartet, dass die Aufträge in den kommenden Jahren zunehmen, mit einer erwarteten Programmdauer von über einem Jahrzehnt.
Die spezialisierten Fertigungstechniken von Syntec für komplexe Optiken unterstützen die Modernisierungsbemühungen der Armee für Geräte, die seit einem halben Jahrhundert im Einsatz sind. Die Zielfernrohre funktionieren wie Computer, die Entfernung, Ballistik, atmosphärische Bedingungen und Richtungsinformationen berechnen und verfügen über digitale Overlays sowie drahtlose Funktionen, die mit den neuen smarten Brillen der Armee kompatibel sind.
- Secured $2.1M in follow-on defense orders
- Long-term revenue visibility with program expected to last over a decade
- Orders projected to increase in following years
- Established dedicated manufacturing cell for production scaling
- None.
ROCHESTER, NEW YORK, April 10, 2025 (GLOBE NEWSWIRE) -- Syntec Optics Holdings, Inc. (“Syntec Optics” or the “Company”) (Nasdaq: OPTX), a leading provider of technology solutions for defense, communications, biomedical, and consumer end-markets, today announced securing follow-on orders of
Syntec Optics previously announced the creation of a dedicated manufacturing cell at the facility and engineering efforts to scale for advanced optics. The new scopes integrate several advanced technologies, including a variable magnification optic, laser rangefinder, visible and infrared lasers, a digital display overlay, and several other sensing and calculating abilities.
Syntec's mission-critical optics are scheduled to be delivered through 2026. Orders will likely increase in the following years and are anticipated to last over a decade.
Syntec Optics team uniquely produces intricate optics using advanced manufacturing techniques that enable the Army to take full advantage of its next-generation equipment as it attempts to modernize half-century-old equipment. The new scope, where Syntec’s optics are integrated, is like a computer calculating range, ballistics, atmospherics, directional information, digital overlay, and wireless features, and it can also link to the Army's new smart goggles.
About Syntec Optics
Syntec Optics Holdings, Inc. (Nasdaq: OPTX), headquartered in Rochester, NY, is one of the largest custom and diverse end-market optics and photonics manufacturers in the United States. Operating for over two decades, Syntec Optics runs a state-of-the-art facility with extensive core capabilities of various optics manufacturing processes, both horizontally and vertically integrated, to provide a competitive advantage for mission-critical OEMs. Syntec Optics recently launched new products, including Low Earth Orbit (LEO) satellite optics, lightweight night vision goggle optics, biomedical equipment optics, and precision microlens arrays. To learn more, visit www.syntecoptics.com.
Forward-Looking Statements
This press release contains certain "forward-looking statements" within the meaning of the United States Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933, as amended (the "Securities Act") and Section 21E of the Securities Exchange Act of 1934, as amended, including certain financial forecasts and projections. All statements other than statements of historical fact contained in this press release, including statements as to the transactions contemplated by the business combination and related agreements, future results of operations and financial position, revenue and other metrics, planned products and services, business strategy and plans, objectives of management for future operations of Syntec Optics, market size, and growth opportunities, competitive position and technological and market trends, are forward-looking statements. Some of these forward-looking statements can be identified by the use of forward-looking words, including "may," "should," "expect," "intend," "will," "estimate," "anticipate," "believe," "predict," "plan," "targets," "projects," "could," "would," "continue," "forecast" or the negatives of these terms or variations of them or similar expressions. All forward-looking statements are subject to risks, uncertainties, and other factors (some of which are beyond the control of Syntec Optics), which could cause actual results to differ materially from those expressed or implied by such forward-looking statements. All forward-looking statements are based upon estimates, forecasts and assumptions that, while considered reasonable by Syntec Optics and its management, as the case may be, are inherently uncertain and many factors may cause the actual results to differ materially from current expectations which include, but are not limited to: 1) risk outlined in any prior SEC filings; 2) ability of Syntec Optics to successfully increase market penetration into its target markets; 3) the addressable markets that Syntec Optics intends to target do not grow as expected; 4) the loss of any key executives; 5) the loss of any relationships with key suppliers including suppliers abroad; 6) the loss of any relationships with key customers; 7) the inability to protect Syntec Optics’ patents and other intellectual property; 8) the failure to successfully execute manufacturing of announced products in a timely manner or at all, or to scale to mass production; 9) costs related to any further business combination; 10) changes in applicable laws or regulations; 11) the possibility that Syntec Optics may be adversely affected by other economic, business and/or competitive factors; 12) Syntec Optics’ estimates of its growth and projected financial results for the future and meeting or satisfying the underlying assumptions with respect thereto; 13) the impact of any pandemic, including any mutations or variants thereof and the Russian/Ukrainian or Israeli conflict, and any resulting effect on business and financial conditions; 14) inability to complete any investments or borrowings in connection with any organic or inorganic growth; 15) the potential for events or circumstances that result in Syntec Optics’ failure to timely achieve the anticipated benefits of Syntec Optics’ customer arrangements; and 16) other risks and uncertainties set forth in the sections entitled “Risk Factors” and “Cautionary Note Regarding Forward-Looking Statements” in prior SEC filings including registration statement on Form S-4 filed with the SEC. These filings identify and address other important risks and uncertainties that could cause actual events and results to differ materially from those contained in the forward-looking statements. Nothing in this press release should be regarded as a representation by any person that the forward-looking statements set forth herein will be achieved or that any of the contemplated results of such forward-looking statements will be achieved. You should not place undue reliance on forward-looking statements, which speak only as of the date they are made. Syntec Optics does not give any assurance that Syntec Optics will achieve its expected results. Syntec Optics does not undertake any duty to update these forward-looking statements except as otherwise required by law.
For further information, please contact:
Tim Bechtold
Investor Relations
InvestorRelations@syntecoptics.com
SOURCE: Syntec Optics Holdings, Inc. (Nasdaq: OPTX)
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