STOCK TITAN

Optex Systems Announces Anti-Reflective Coatings for Infrared Materials

Rhea-AI Impact
(Neutral)
Rhea-AI Sentiment
(Neutral)
Tags
Rhea-AI Summary

Optex Systems Holdings (OTCQB:OPXS) has announced the launch of mil-spec quality High Efficiency Anti-Reflective Coatings for Infrared applications, enhancing its offerings for military and commercial sectors. Manufactured at its Applied Optics Center in Dallas, Texas, these coatings will serve U.S. government and prime contractors, building on a legacy of critical optical components for major military platforms. The company plans to expand its product range in the infrared market through ongoing investments in engineering and equipment.

Positive
  • Launch of High Efficiency Anti-Reflective Coatings for Infrared applications.
  • Manufactured at the Applied Optics Center, known for quality and reliability.
  • Supports U.S. government and prime contractors, enhancing market position.
  • Plans for continued investment in expanding infrared market offerings.
Negative
  • None.

RICHARDSON, TX / ACCESSWIRE / August 31, 2020 / Optex Systems Holdings, Inc. (OTCQB:OPXS), a leading manufacturer of precision optical sighting systems for domestic and worldwide military and commercial applications, announced today it is now offering mil-spec quality High Efficiency Anti-Reflective Coatings for Infrared applications in both the military and commercial markets. These coatings will be manufactured at the Applied Optics Center (AOC) Division of Optex Systems, Inc. in Dallas, Texas.

Applied Optics Center is a primary supplier to the U.S. Government and its Prime Contractors with very specialized optical coatings. AOC has a well-known legacy of producing critical optical components for programs such as the Abrams Tank, F35 Fighter Jet and numerous Night Vision Devices utilized by U.S. Military troops across all branches of the government.

Bill Bates, General Manager of AOC, commented: "I am very proud and pleased with the efforts of our engineering staff and the resulting high-quality, highly repetitive coating designs and processes developed over the last eighteen months. This robust and highly reliable suite of anti-reflective coatings are based on the latest techniques and materials in use today using our own proprietary deposition methods. Our intent is to become a trusted and reliable source for high quality infrared optics and optical coatings."

Applied Optics Center intends to continue developing and expanding offerings associated with the infrared market through investments in equipment and engineering support as required.

ABOUT OPTEX SYSTEMS
Optex, which was founded in 1987, is a Richardson, Texas based ISO 9001:2015 certified concern, which manufactures optical sighting systems and assemblies, primarily for Department of Defense (DOD) applications. Its products are installed on various types of U.S. military land vehicles, such as the Abrams and Bradley fighting vehicles, Light Armored and Armored Security Vehicles, and have been selected for installation on the Stryker family of vehicles. Optex also manufactures and delivers numerous periscope configurations, rifle and surveillance sights, and night vision optical assemblies. Optex delivers its products both directly to the military services and to prime contractors. For additional information, please visit the Company's website at www.optexsys.com.

Safe Harbor Statement
This press release contains certain forward-looking statements, as that term is defined in the Private Securities Litigation Reform Act of 1995, including those relating to the products and services described herein. You can identify these statements by the use of the words "may," "will," "could," "should," "would," "plans," "expects," "anticipates," "continue," "estimate," "project," "intend," "likely," "forecast," "probable," and similar expressions. These forward-looking statements involve risks and uncertainties that could cause actual results to differ materially from those projected or anticipated. Such risks and uncertainties include, but are not limited to, continued funding of defense programs and military spending, the timing of such funding, general economic and business conditions, including unforeseen weakness in the Company's markets, effects of continued geopolitical unrest and regional conflicts, competition, changes in technology and methods of marketing, delays in completing engineering and manufacturing programs, changes in customer order patterns, changes in product mix, continued success in technological advances and delivering technological innovations, changes in the U.S. Government's interpretation of federal procurement rules and regulations, changes in spending due to policy changes in any new federal presidential administration, market acceptance of the Company's products, shortages in components, production delays due to performance quality issues with outsourced components, inability to fully realize the expected benefits from acquisitions and restructurings or delays in realizing such benefits, challenges in integrating acquired businesses and achieving anticipated synergies, changes to export regulations, increases in tax rates, changes to generally accepted accounting principles, difficulties in retaining key employees and customers, unanticipated costs under fixed-price service and system integration engagements, changes in the market for microcap stocks regardless of growth and value and various other factors beyond our control.

You must carefully consider any such statement and should understand that many factors could cause actual results to differ from the Company's forward-looking statements. These factors include inaccurate assumptions and a broad variety of other risks and uncertainties, including some that are known and some that are not. No forward-looking statement can be guaranteed and actual future results may vary materially. The Company does not assume the obligation to update any forward-looking statement. You should carefully evaluate such statements in light of factors described in the Company's filings with the SEC, especially on Forms 10-K, 10-Q and 8-K. In various filings the Company has identified important factors that could cause actual results to differ from expected or historic results. You should understand that it is not possible to predict or identify all such factors. Consequently, you should not consider any such list to be a complete list of all potential risks or uncertainties.

CONTACT:
IR@optexsys.com
(972) 764-5718

SOURCE: Optex Systems Holdings, Inc.



View source version on accesswire.com:
https://www.accesswire.com/604124/Optex-Systems-Announces-Anti-Reflective-Coatings-for-Infrared-Materials

FAQ

What new products has Optex Systems announced?

Optex Systems announced the launch of High Efficiency Anti-Reflective Coatings for Infrared applications.

Where will the new coatings be manufactured?

The coatings will be manufactured at the Applied Optics Center in Dallas, Texas.

Who are the primary customers for Optex's new coatings?

The primary customers are the U.S. government and its prime contractors.

What future plans does Optex Systems have for its product line?

Optex Systems intends to expand its offerings in the infrared market through investments in equipment and engineering.

What is Optex Systems' focus area?

Optex Systems focuses on manufacturing precision optical sighting systems for military and commercial applications.

Optex Systems Holdings, INC

NASDAQ:OPXS

OPXS Rankings

OPXS Latest News

OPXS Stock Data

54.64M
5.10M
25.82%
33.17%
0.02%
Aerospace & Defense
Optical Instruments & Lenses
Link
United States of America
RICHARDSON