Syntec Optics Announces $1.3M In 2024 Orders
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Syntec Optics (NASDAQ:OPTX), a leading provider of scientific, technical instruments, aerospace, and defense optics, announced today that it has secured over $2.2 million in orders for its ultra-high-precision space optics. The company will utilize its newly developed dedicated production cell to scale production for deliveries scheduled for the third quarter of 2024.
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
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10-Q - SYNTEC OPTICS HOLDINGS, INC. (0001866816) (Filer)
8-K - SYNTEC OPTICS HOLDINGS, INC. (0001866816) (Filer)
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