ROCHESTER, NEW YORK, Dec. 19, 2024 (GLOBE NEWSWIRE) -- Syntec Optics Holdings, Inc. ("Syntec Optics" or the "Company") (NASDAQ:OPTX), a leading provider of mission-critical products to advanced technology defense, biomedical, and communications equipment manufacturers, today announced the appointment of Matt Carey to head Business Development and Delivery. Having worked at Syntec Optics previously and returning, Carey brings a wealth of experience and a deep understanding of the Company's engineering, customer interaction, and operations. In this newly created role, he will oversee the customer sales/program management, engineering, order fulfillment, and shipping teams, fostering a colla
ROCHESTER, NEW YORK, Dec. 16, 2024 (GLOBE NEWSWIRE) -- Syntec Optics Holdings, Inc. ("Syntec Optics" or the "Company") (NASDAQ:OPTX), a leading provider of mission-critical products to advanced technology defense, biomedical, and communications equipment manufacturers, today announced the appointment of Michael J. Ransford as Site Manager. In this role, Ransford will oversee technology and operations. With over 30 years of experience in engineering, operations, and business leadership, Ransford brings a wealth of expertise to Syntec Optics. His impressive career began at the forefront of the internet revolution in the 90s, contributing optics to the critical infrastructure using DWDM tech
ROCHESTER, NEW YORK, Dec. 19, 2024 (GLOBE NEWSWIRE) -- Syntec Optics Holdings, Inc. ("Syntec Optics" or the "Company") (NASDAQ:OPTX), a leading provider of mission-critical products to advanced technology defense, biomedical, and communications equipment manufacturers, today announced the appointment of Matt Carey to head Business Development and Delivery. Having worked at Syntec Optics previously and returning, Carey brings a wealth of experience and a deep understanding of the Company's engineering, customer interaction, and operations. In this newly created role, he will oversee the customer sales/program management, engineering, order fulfillment, and shipping teams, fostering a colla
ROCHESTER, NEW YORK, Dec. 16, 2024 (GLOBE NEWSWIRE) -- Syntec Optics Holdings, Inc. ("Syntec Optics" or the "Company") (NASDAQ:OPTX), a leading provider of mission-critical products to advanced technology defense, biomedical, and communications equipment manufacturers, today announced the appointment of Michael J. Ransford as Site Manager. In this role, Ransford will oversee technology and operations. With over 30 years of experience in engineering, operations, and business leadership, Ransford brings a wealth of expertise to Syntec Optics. His impressive career began at the forefront of the internet revolution in the 90s, contributing optics to the critical infrastructure using DWDM tech
ROCHESTER, NEW YORK, Dec. 09, 2024 (GLOBE NEWSWIRE) -- Syntec Optics (NASDAQ:OPTX), a leading provider of mission-critical products to advanced technology defense, biomedical, and communications equipment manufacturers, today announced that it has secured over $2.1 million in orders for its ultra-high-precision space optics. The company will utilize its dedicated production cell to continue delivering products. "Continued orders demonstrate the sustained demand for our advanced optics solutions in the Low Earth Orbit (LEO) satellite market," said Syntec Optics CFO Dean Rudy. "Our continued commitment to vertical integration, including in-house preform production, allows us to meet the dem
ROCHESTER, NEW YORK, Nov. 15, 2024 (GLOBE NEWSWIRE) -- Syntec Optics (NASDAQ:OPTX), a leading provider of mission-critical products to advanced technology defense, biomedical, and communications equipment manufacturers, today announced it will host a conference call on Monday, November 18, 2024, at 5:00 p.m. Eastern Time (ET) to discuss its financial results and provide a business update. With nearly 11% of the global GDP light-enabled, Syntec Optics Chairman and CEO Al Kapoor delivered a keynote speech on the Future of Photonics at the Global Photonics Forum in Malaga, Spain, on October 1-2, 2024. At this event organized by Optica, a Society that advances optics and photonics worldwide,
ROCHESTER, NEW YORK, Nov. 14, 2024 (GLOBE NEWSWIRE) -- Syntec Optics (NASDAQ:OPTX), a leading provider of mission-critical products to advanced technology defense, biomedical, and communications equipment manufacturers, today reported financial results for the first quarter of 2024. Third Quarter 2024 Financial Highlights Net Sales of $7.86 million increased by 12.3% from $7.01 million in Q2 2024, and sales from products of $7.33 million increased by 17.2% from $6.26 million in Q3 2023.Adjusted EBITDA decreased to $1.10 million from $1.32 million in Q2 2024.Earnings per Share decreased to $0.00 from $0.01 in Q2 2024. Dean Rudy, CFO, said, "At the previous earnings call, we provide
ROCHESTER, NEW YORK, Nov. 05, 2024 (GLOBE NEWSWIRE) -- Syntec Optics (NASDAQ:OPTX), a leading provider of mission-critical products to advanced technology defense, biomedical, and communications equipment manufacturers, today announced that it is planning to restart the manufacturing of components and assembly that supports the precision-guided munition program in March Q1 2025. This manufacturing capability restart, which was innovated over two decades ago, further solidifies Syntec Optics' position as a continued critical supplier of high-precision optical components for defense applications. Syntec Optics has been a trusted supplier to the program since 2004, delivering critical opti
ROCHESTER, NEW YORK, Sept. 24, 2024 (GLOBE NEWSWIRE) -- With nearly 11% of the global GDP light-enabled, Syntec Optics Chairman and CEO Al Kapoor is excited to deliver a keynote speech at the Global Photonics Forum, which will be held in Malaga, Spain, on October 1-2, 2024. At this event organized by Optica, a Society that advances optics and photonics worldwide, 300 leaders in the global Photonics ecosystem will discuss the field's impact. Al Kapoor shall reveal how light-enabled products will serve future human needs and how our society is in a perfect storm for growth in such products that enable nearly all of the tech frontiers — quantum, bioengineering, defense, mobility
ROCHESTER, NEW YORK, Aug. 14, 2024 (GLOBE NEWSWIRE) -- Syntec Optics Holdings, Inc. ("Syntec Optics" or the "Company") (NASDAQ:OPTX), a leading provider of mission-critical products to advanced technology defense, biomedical, and communications equipment manufacturers, today reported financial results for the first quarter of 2024. Second Quarter 2024 Financial Highlights Net Sales of $7.01 million increased by 12% from $6.26 million in Q1 2024, and sales from products increased by 20% from $5.8 million in Q2 2023.Adjusted EBITDA increased to $1.32 million from negative $0.67 million in Q1 2024.Earnings per Share increased to $0.01
ROCHESTER, NEW YORK, Aug. 13, 2024 (GLOBE NEWSWIRE) -- Syntec Optics, a leading provider of mission-critical optics for scientific and technical instruments and equipment OEMs in diverse defense, biomedical, communications, and consumer end-markets, today announced it will host a conference call to discuss its financial results and provide a business update on Thursday, August 15, 2024, at 5:00 p.m. Eastern Time (ET). Conference Call Details: Date: Thursday, August 15, 2024 Time: 5:00 p.m. ET Dial-In Number: +16469313860,,84095219819#,,,,*311664# (Please dial in prior to the call) Webcast: A recording of the conference call will be available on the Events & Presentations p
ROCHESTER, NEW YORK, Aug. 01, 2024 (GLOBE NEWSWIRE) -- Syntec Optics, a leading provider of mission-critical optics for scientific and technical instruments and equipment OEMs in diverse defense, biomedical, communications, and consumer end-markets, announced today that it has launched the production of biomolecules and nanoparticles characterization optics used in direct light scattering instruments for biopharma technologists. Syntec's new disposable optics enable fast measurements for low-volume requirements of proteins, viruses, gene therapy vectors, and more. Disposable optics require precise ports for the fluid flow of biomolecules and nanoparticles. Syntec Optics has many years
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10-Q - SYNTEC OPTICS HOLDINGS, INC. (0001866816) (Filer)
8-K - SYNTEC OPTICS HOLDINGS, INC. (0001866816) (Filer)
8-K - SYNTEC OPTICS HOLDINGS, INC. (0001866816) (Filer)
8-K - SYNTEC OPTICS HOLDINGS, INC. (0001866816) (Filer)
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10-Q - SYNTEC OPTICS HOLDINGS, INC. (0001866816) (Filer)
10-K - SYNTEC OPTICS HOLDINGS, INC. (0001866816) (Filer)
ROCHESTER, NEW YORK, Nov. 15, 2024 (GLOBE NEWSWIRE) -- Syntec Optics (NASDAQ:OPTX), a leading provider of mission-critical products to advanced technology defense, biomedical, and communications equipment manufacturers, today announced it will host a conference call on Monday, November 18, 2024, at 5:00 p.m. Eastern Time (ET) to discuss its financial results and provide a business update. With nearly 11% of the global GDP light-enabled, Syntec Optics Chairman and CEO Al Kapoor delivered a keynote speech on the Future of Photonics at the Global Photonics Forum in Malaga, Spain, on October 1-2, 2024. At this event organized by Optica, a Society that advances optics and photonics worldwide,
ROCHESTER, NEW YORK, Aug. 13, 2024 (GLOBE NEWSWIRE) -- Syntec Optics, a leading provider of mission-critical optics for scientific and technical instruments and equipment OEMs in diverse defense, biomedical, communications, and consumer end-markets, today announced it will host a conference call to discuss its financial results and provide a business update on Thursday, August 15, 2024, at 5:00 p.m. Eastern Time (ET). Conference Call Details: Date: Thursday, August 15, 2024 Time: 5:00 p.m. ET Dial-In Number: +16469313860,,84095219819#,,,,*311664# (Please dial in prior to the call) Webcast: A recording of the conference call will be available on the Events & Presentations p
ROCHESTER, NEW YORK, May 24, 2024 (GLOBE NEWSWIRE) -- Syntec Optics Holdings, Inc. (NASDAQ:OPTX), a leading provider of mission-critical optics for scientific and technical instruments and defense and aerospace OEMs, today announced it will host a conference call to discuss its financial results and provide a business update on Tuesday, May 28, 2024, at 5:00 p.m. Eastern Time (ET). Conference Call Details: Date: Tuesday, May 28, 2024Time: 5:00 p.m. ETDial-In Number: +16469313860,,88062474752#,,,,*488772# (Please dial in prior to the call)Webcast: A recording of the conference call will be available on the Events & Presentations pa