Tillkännagivande • Apr 30
Syntec Optics Holdings, Inc. has completed a Follow-on Equity Offering in the amount of $19.999994 million. Syntec Optics Holdings, Inc. has completed a Follow-on Equity Offering in the amount of $19.999994 million.
Security Name: Common Stock
Security Type: Common Stock
Securities Offered: 2,857,142
Price\Range: $7
Discount Per Security: $0.42 Tillkännagivande • Apr 29
Syntec Optics Holdings, Inc. has filed a Follow-on Equity Offering in the amount of $19.999995 million. Syntec Optics Holdings, Inc. has filed a Follow-on Equity Offering in the amount of $19.999995 million.
Security Name: Common Stock
Security Type: Common Stock
Securities Offered: 1,937,984
Price\Range: $10.32
Discount Per Security: $0.6192 Reported Earnings • Apr 02
Full year 2025 earnings released: US$0.049 loss per share (vs US$0.068 loss in FY 2024) Full year 2025 results: US$0.049 loss per share (improved from US$0.068 loss in FY 2024). Revenue: US$28.1m (down 1.3% from FY 2024). Net loss: US$1.79m (loss narrowed 28% from FY 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 80 percentage points per year, which is a significant difference in performance. Tillkännagivande • Apr 01
Syntec Optics Holdings, Inc. Provides Sales Guidance for the First Quarter and Second Quarter of 2026 Syntec Optics Holdings, Inc. provided sales guidance for the first quarter and second quarter of 2026. For the first quarter, Net Sales are expected to be below $7.5 million.
For the second quarter, Net Sales are expected to be above $7.5 million. Tillkännagivande • Dec 01
Syntec Optics Holdings, Inc., Annual General Meeting, Jan 20, 2026 Syntec Optics Holdings, Inc., Annual General Meeting, Jan 20, 2026. Reported Earnings • Nov 16
Third quarter 2025 earnings released: US$0.039 loss per share (vs US$0 in 3Q 2024) Third quarter 2025 results: US$0.039 loss per share (further deteriorated from US$0 in 3Q 2024). Revenue: US$6.95m (down 12% from 3Q 2024). Net loss: US$1.43m (loss widened US$1.42m from 3Q 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 51 percentage points per year, which is a significant difference in performance. Tillkännagivande • Nov 16
Syntec Optics Holdings, Inc. Provides Revenue Guidance for the Fourth Quarter of 2025 Syntec Optics Holdings, Inc. provided revenue guidance for the fourth quarter of 2025. For the period, the company expected higher revenue in the range of $7.3 million to $8.0 million compared to the third quarter. Reported Earnings • Oct 06
Second quarter 2025 earnings released: US$0.009 loss per share (vs US$0.008 profit in 2Q 2024) Second quarter 2025 results: US$0.009 loss per share (down from US$0.008 profit in 2Q 2024). Revenue: US$6.56m (down 6.4% from 2Q 2024). Net loss: US$343.9k (down 222% from profit in 2Q 2024). New Risk • Sep 26
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of American stocks, typically moving 17% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (1.3% operating cash flow to total debt). Share price has been highly volatile over the past 3 months (17% average weekly change). Minor Risks Latest financial reports are more than 6 months old (reported September 2024 fiscal period end). Profit margins are more than 30% lower than last year (0.2% net profit margin). Market cap is less than US$100m (US$56.5m market cap). Tillkännagivande • Sep 25
Syntec Optics Announces Target Date to File SEC Reports and Regain Nasdaq Compliance Syntec Optics Holdings, Inc. has an update on the filings. As previously disclosed on September 16, 2025, the Company is delayed in filing its Annual Report on Form 10-K for the fiscal year ended December 31, 2024, and its Quarterly Reports on Form 10-Q for the quarters ended March 31, 2025 and June 30, 2025. NASDAQ exception will be allowed to enable the Company to regain compliance with all delinquent filings, but only for a maximum of 180 calendar days from the due date of the Initial Delinquent Filing, or October 13, 2025. The Company’s auditors have substantially completed their procedures for these periods. The remaining steps primarily relate to the final engagement quality review of the forms, and final subject matter comments from national office QC. Once these reviews are finalized, the Company anticipates that the remaining administrative tasks and approvals necessary to simultaneously file the Form 10-K and Form 10-Qs will be concluded within two additional days. The Company is working diligently with its auditors on daily calls to complete the process as soon as practicable and will promptly file the reports once the final steps are complete. Tillkännagivande • Sep 08
Syntec Optics Holdings, Inc. Launches Pioneering New York State Apprenticeship Program to Foster U.S. Advanced Manufacturing Syntec Optics Holdings, Inc. announced the launch of an apprenticeship program created to be New York State certified and funded. The program is intended to cultivate the next generation of highly skilled manufacturing technicians and is the first of its kind in the United States. Developed in partnership with the Rochester Technology and Manufacturing Association (RTMA) and Monroe Community College (MCC), the program addresses the critical need for specialized talent in the optics and photonics manufacturing sector. The curriculum was developed by Chief Engineer Ryan Kromm and former Senior Technician Mark Webster, along with other team members on the nanotechnology team. It combines intensive on-the-job training, dedicated mentorship from experts, and specialized coursework in nanomachining and optics to provide a robust foundation in this demanding field. The program is built in collaboration with the New York State Department of Labor (NYSDOL) under the Precision Optics Manufacturing Technician umbrella, establishing a new standard for workforce development in the U.S. Currently, six apprentices are enrolled across these critical areas. Through the RTMA, and with scholarship contributions from New York State, participants can receive funding for both their education and the tools required for their jobs. As more products become light-enabled, Syntec Optics continues to add more product lines, including recent Low Earth Orbit (LEO) satellite optics for communication, lightweight night vision goggle optics for defense, biomedical optics for defense, and data center optics for Artificial Intelligence. Tillkännagivande • Sep 05
Syntec Optics Holdings, Inc. Receives Nasdaq Delinquency Notice: Late Filings and Request for Plan to Regain Compliance Syntec Optics Holdings, Inc. ("Syntec Optics" or the "Company") announced it received an additional delinquency notification letter from the Nasdaq Listing Qualifications ("Nasdaq") notifying the Company that because it has not filed Company's Form 10-Q for the period ended June 30, 2025 and it remains delinquent in filing its Form 10-K for the period ended December 31, 2024 and its Form 10-Q for the period ended March 31, 2025, the Company is not in compliance with Nasdaq Listing Rule 5250(c)(1). Previously, Nasdaq had granted the Company an exception until August 20, 2025, to file its delinquent Form 10-K for the year ended December 31, 2024 (the "Initial Delinquent Filing"), and its delinquent Form 10-Q for the period ended March 31, 2025 (the "March 10-Q"). An additional exception will be allowed to enable the Company to regain compliance with all delinquent filings, but only for a maximum of 180 calendar days from the due date of the Initial Delinquent Filing, or October 13, 2025. The Company is submitting to Nasdaq an updated plan by September 5, 2025, to regain compliance with the filing requirement within the specified period. The update will be as definitive as possible, including plans to file the Initial Delinquent Filing and the two 10-Qs, and detailing the progress the Company has made. An audit committee meeting was held on September 4, 2025. The auditors presented the 10-K audit results and communication. As a result, the audit committee approved the filing of the 10-K. A similar audit committee meeting has been scheduled for September 11, 2025, for the audit results and communication for the two 10-Qs. The company is targeting the filing of the 10-K and the two 10-Qs together on September 15, 2025, to regain compliance. Tillkännagivande • Aug 16
Syntec Optics Holdings, Inc. Enables Next-Generation Hyperspectral Imaging for Critical Defense Applications Syntec Optics Holdings, Inc. highlighted its critical role in enabling the next generation of advanced hyperspectral imaging (HSI) technology. The company manufactures the core elements that power state-of-the-art HSI systems used in defense markets. Hyperspectral imaging is a powerful technology that captures and analyzes light across hundreds of narrow spectral bands, far beyond the range of human vision. Each pixel in a hyperspectral image contains a unique spectral signature, allowing for the precise identification of materials and conditions that are invisible to standard cameras. Critical optics elements from Syntec Optics require multiple steps, utilizing several capabilities, to produce blanks and apply nanotechnology. The global hyperspectral imaging systems market is projected to be valued at $17.32 billion in 2025. It is expected to grow at a compound annual growth rate (CAGR) of 10.7% to reach $28.28 billion by 2030. This growth reflects the increasing adoption of HSI technology across various sectors, underscoring the significant opportunity for key enabling technologies, such as high-precision optics. Tillkännagivande • Jul 18
Syntec Optics Holdings, Inc. Expands into Products Enabling Rocket Propulsion in Defense and Space Market Syntec Optics Holdings, Inc. announced it has received initial orders enabling high-performance fuel actuators for rocket engines used in critical defense and space applications. Syntec will provide essential, high-precision advanced manufacturing solutions utilizing its advanced nanotechnology processes. Fuel actuators are mission-critical systems in rocket propulsion, providing precise control of propellant flow to the engine. This control is vital for managing thrust and ensuring accurate trajectory, from launch to orbital maneuvering. As the defense and commercial space sectors expand, the demand for reliable, high-performance propulsion systems is increasing significantly. The global rocket propulsion market, valued at USD 10.5 billion in 2023, is projected to reach USD 24.4 billion by 2030, growing at a compound annual growth rate (CAGR) of 11.2%. Increased satellite launches, space exploration missions, and national security initiatives drive this growth. Syntec Optics' product is integral to the sophisticated actuators required by this expanding market. Board Change • Jul 01
No independent directors Following the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 4 non-independent directors. CFO & Director Dean Rudy was the last director to join the board, commencing their role in 2024. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Tillkännagivande • May 08
Syntec Optics Holdings, Inc. Enabling Optics for Near Vision Correction Syntec Optics Holdings, Inc. announced it is enabling optics for the clinical development of innovative, non-incisional optics-based refractive error correction to recover near vision. This common age-related vision condition, affecting an estimated 128 million people in the U.S. alone, presents a significant and growing market opportunity for effective treatment solutions. The gradual loss of ability to focus on nearby objects is a natural part of aging, typically becoming noticeable in the early to mid-40s and continuing to worsen until around age 65. While traditional solutions include glasses and contact lenses, and surgical options involve incisional methods, Syntec Optics is leveraging its advanced optical manufacturing capabilities to support the development of a less invasive alternative. The global myopia and presbyopia treatment market was valued at USD 20.3 billion in 2025 and is projected to expand further, driven by the increasing prevalence of these conditions and the continuous demand for advanced treatments. Non-incisional optical solutions represent a promising segment within this market, offering the potential for reduced risk and quicker recovery times compared to traditional surgical interventions. Next-generation treatments underscore Syntec Optics' commitment to advancing healthcare through manufacturing innovation. By providing critical optics manufacturing and precision expertise, the company is facilitating the development of technologies that can address unmet needs in the vision care market. Tillkännagivande • May 01
Syntec Optics Holdings, Inc. Appoints Tom Lopa as Director of Opto-Mechanicals Syntec Optics Holdings, Inc. announced that Tom Lopa has joined the company as Director of Opto-Mechanicals. Mr. Lopa brings extensive experience in manufacturing operations, strategic leadership, and manufacturing process optimization to Syntec Optics. In his new role, Mr. Lopa will lead and increase production for aiming, satellite, biomedical, and night vision opto-mechanical products.These Syntec products enable light for diverse end markets like defense, communication, biomedical, and consumer by creatively combining several different opto-mechanical operations within Syntec's unique optics manufacturing facility. Mr. Lopa is a results-driven leader with decades of experience in advanced manufacturing. Most recently, as Production Manager in a satellite division, he led initiatives that significantly increased capacity, improved on-time delivery, and yielded substantial savings through continuous improvement and automation. His background also includes roles as Plant Manager, where he transformed manufacturing processes into world-class lean operations. Mr. Lopa holds an MBA from the University of Scranton and a BS in Business Management from Rochester Institute of Technology. He is a certified Six Sigma Black Belt with expertise in various quality systems. Tillkännagivande • Apr 03
Syntec Optics Holdings, Inc. Develops New Data Center Optics to Meet Growing Demand; Expands Defense IntegratedScope Optics Syntec Optics Holdings, Inc. announced significant development progress on its new data center connectivity optics and military integrated scope optics. In First Quarter 2025, the company provided a pre-production lot of new products for optical connectivity in data centers. In addition, in First Quarter 2025, the company hired more engineers and added dedicated leadership on the product line for critical optics used in the new generation of U.S. defense integrated scopes. Tailwinds are a positive factor. Simultaneously, Syntec Optics is progressing with establishing scalable optics manufacturing solutions for next-generation U.S. defense scopes while fulfilling orders from last year. The company's expertise in precision optics is vital for making sophisticated systems that enhance situational awareness and operational capabilities for defense. Tillkännagivande • Apr 01
Syntec Optics Holdings, Inc. announced delayed annual 10-K filing On 03/31/2025, Syntec Optics Holdings, Inc. announced that they will be unable to file their next 10-K by the deadline required by the SEC. Tillkännagivande • Mar 19
Syntec Optics Holdings, Inc. Expands Optics Product Lines in Growing Space Market Syntec Optics Holdings, Inc. announced a significant expansion of its space products offering to add optomechanicals for satellite optics and ground networks. These products are in the development and Production Part Approval Process (PPAP). Such diverse products further position Syntec to benefit from the rapidly expanding global satellite market, now forecasted by Goldman Sachs to become seven times bigger. Building upon its expertise in ultra-high precision optics for Low Earth Orbit (LEO) and recognizing the critical role of increasing ground-based infrastructure in satellite communications to reduce latency, Syntec is starting to make a new line of custom optomechanicals for earth-based stations, enabling high-bandwidth data transmission and signal processing. Syntec Optics' commitment to vertical integration, including in-house preform production and advanced manufacturing techniques, ensures the highest levels of precision and quality. This has enabled a reduction in the weight of optics to meet the stringent requirements of demanding applications in space. Tillkännagivande • Mar 06
Syntec Optics to Enable Next-Gen Augmented Reality System Syntec Optics Holdings, Inc. announced it is developing critical optics manufacturing and sub-assembly processes for the world's first approach to project vital information directly into the eye eliminating need for any Augmented/Virtual/Mixed Reality (AR/VR/MR) display optics. This groundbreaking product enabled for their OEM represents a paradigm shift in AR/VR/MR wearable technology. Syntec uses advanced manufacturing techniques to make projection optics that are very precise and small. These optics stay out of the field of view of users who need AR/VR/MR for extended hours in demanding environments, such as medical assistance in space or advanced defense aircraft repairs. Syntec's ultra-precision manufacturing for their OEM can provide a clear, high-resolution direct display, eliminating any see-through optics in traditional AR/VR/MR. These wearable optics enable comfort and safety during extended use and are ideal for long-duration tasks in demanding environments. Accurate color laser light is projected directly onto the end user's eye. For the past decade, Syntec Optics has been using advanced manufacturing techniques for OEM customers to make high-resolution, wide-field-of-view defense microdisplays for aviation pilots to view vital information. The new differentiated and unique development program order further solidifies Syntec Optics' position as a leader in developing and manufacturing advanced optical systems for the global AR/VR/MR market, which is projected to grow to over $800 billion by 2032. Tillkännagivande • Dec 20
Syntec Optics Holdings, Inc Appoints Matt Carey as Head of Business Development and Delivery Syntec Optics Holdings, Inc. announced the appointment of Matt Carey to head Business Development and Delivery. Carey’s career at Syntec Optics spans nearly eight years, during which he held various positions, including manufacturing engineer and program manager. He played an instrumental role in various ways, like building the company's manufacturing ERP system and taking the opportunity to participate in trade shows, showcasing Syntec Optics’ commitment to customer engagement. While with Syntec, Carey further enhanced his expertise by pursuing education in supply chain management at RIT. Prior to rejoining Syntec Optics, Carey served as a Logistics Officer in the US Army, where he honed his skills in managing complex operations and tracking high-value assets. His military experience included overseeing a real-time inventory of military gear worth $900 million, providing him with invaluable insights into streamlining processes and optimizing efficiency. New Risk • Dec 11
New minor risk - Profit margin trend The company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 0.2% Last year net profit margin: 2.9% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (1.3% operating cash flow to total debt). Share price has been highly volatile over the past 3 months (20% average weekly change). Minor Risks Profit margins are more than 30% lower than last year (0.2% net profit margin). Market cap is less than US$100m (US$34.1m market cap). Tillkännagivande • Nov 15
Syntec Optics Holdings, Inc. Provides Earnings Guidance for the Fourth Quarter of 2024 Syntec Optics Holdings, Inc. provided earnings guidance for the fourth quarter of 2024. For the period, the company expected revenue to be in the range of $7.4 - $9.0 million. The company expected gross margin to hold level or slightly improve based on the profitability of ramping up products. The company expected positive net income in the fourth quarter, enabling further investments to energize continued growth. Tillkännagivande • Nov 11
Syntec Optics Holdings, Inc., Annual General Meeting, Dec 20, 2024 Syntec Optics Holdings, Inc., Annual General Meeting, Dec 20, 2024. Reported Earnings • Aug 16
Second quarter 2024 earnings released Second quarter 2024 results: EPS: US$0.008. Revenue: US$7.01m (down 8.9% from 2Q 2023). Net income: US$281.8k (down 50% from 2Q 2023). Profit margin: 4.0% (down from 7.4% in 2Q 2023). The decrease in margin was driven by lower revenue. Tillkännagivande • Aug 15
Syntec Optics Holdings, Inc. Provides Revenue Guidance for Third Quarter of 2024 Syntec Optics Holdings, Inc. provided revenue guidance for third quarter of 2024. The company expects third quarter 2024 revenue to be in the range of $9.5 million - $11.0 million. Valuation Update With 7 Day Price Move • Aug 02
Investor sentiment deteriorates as stock falls 18% After last week's 18% share price decline to US$1.36, the stock trades at a trailing P/E ratio of 69.9x. Average trailing P/E is 23x in the Electronic industry in the US. Total loss to shareholders of 87% over the past year. Tillkännagivande • Aug 02
Syntec Optics Holdings, Inc. Launches Production of New Disposable Optics for Characterization of Biomolecules and Nanoparticles Syntec Optics announced that it has launched the production of biomolecules and nanoparticles characterization optics used in direct light scattering instruments for biopharma technicians. 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 of expertise delivering such intricate disposable optics for diagnostics, surgical instruments, and digital health imaging. Syntec will now expand its capability to provide dynamic light-scattering disposable optics. Tillkännagivande • Jul 10
Syntec Optics Holdings, Inc. Builds Higher Volume Manufacturing Cells for Low Earth Orbit Satellite Optics and Data Center Optical Connectivity Product Lines Syntec Optics Holdings, Inc. announced that it has successfully developed two different and scalable solutions that deliver higher weekly production volumes to meet demands for optics used in low earth orbit satellites and data centers. Syntec continues to receive orders for these two different lines of products in the newly entered communications end-market that utilize Syntec's broad capabilities, including ultra-high precision nano-machining, precision mechanicals, and replicative molded optics. Continuing orders demonstrate the growing demand for Syntec's advanced optics solutions in the low-earth orbit (LEO) satellite market. Syntec's commitment to vertical integration, including previously announced in-house scalable preform production for nano-scale accuracies, enables the scheduled mega-constellation satellite launches. The increasing deployment of Artificial Intelligence is believed to drive higher demand for data center optical connectivity. Syntec has added more people and created an innovative, custom, and dedicated process for increased throughput. With these two product lines, Syntec Optics now participates in two fast-growing areas within communications -- low-earth-orbit satellites and data centers -- both of which are believed to have tailwinds. Communication further diversifies Syntec's existing end-markets, including defense, biomedical, and consumer. Satellite broadband could represent a significant portion of the $1 trillion global space economy by 2040. The data center market is expected to reach $622.4 billion by 2030. Tillkännagivande • Jun 13
Syntec Optics Holdings, Inc. Announces CFO Changes Syntec Optics Holdings, Inc. named Dean Rudy Chief Financial Officer, effective June 10, 2024. Mr. Rudy succeeds Mr. Robert (Casey) Nelson. Dean Rudy brings over 30 years of experience with a unique combination of financial and operational leadership skills cultivated in small, medium, and fortune-100-sized businesses with the common thread of partnering with the management team and achieving profitable company growth. Dean started his career and worked for 17 years at Xerox Corporation, where he held many roles within their manufacturing organization. He also served as the worldwide controller for their Small Office /Home Office division and the general manager of their Personal Copier Unit. More recently, Dean has led the finance and accounting at medium-sized businesses across a broad array of industries, including printing and publishing, metal recycling, and retail. His last assignment was CFO for Auction Direct USA, a multi-state used car superstore company. Mr. Rudy’s experience includes enabling the division at Xerox to grow from under $50M to $500M and improving the management of accounting, reporting, and strategy during rapid growth. At other manufacturing organizations after Xerox, he implemented enterprise systems, seamlessly combining all material flows, purchases, sales, and accounting while enabling reporting capabilities to drive pricing and competitive strategies. He drove streamlining systems for customer processes, KPIs, forecasting, IT infrastructure, and new product expansions. Dean has an MBA in finance and accounting from the Olin Business School at Washington University in St. Louis and a BA in economics from St. Olaf College in Northfield, MN. New Risk • Jun 06
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: US$97.2m This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (1.0x net interest cover). Minor Risks Latest financial reports are more than 6 months old (reported June 2023 fiscal period end). Share price has been volatile over the past 3 months (14% average weekly change). Profit margins are more than 30% lower than last year (1.1% net profit margin). Market cap is less than US$100m (US$97.2m market cap). Tillkännagivande • Apr 17
Syntec Optics Holdings, Inc Announces CEO Changes Syntec Optics Holdings, Inc. announced executive-level changes. These changes will support its manufacturing excellence for organic growth and build upon its strategic initiatives for future inorganic growth. These executives will provide leadership across all key functions for continuing growth and development. Mr. Al Kapoor has been appointed CEO, responsible for the company’s strategy and potential bolt-on acquisitions. The strategy expands in scope to include potential inorganic growth. He will lead the working process with various service providers, including those engaging in potential future bolt-on acquisitions. Mr. Kapoor was the Chairman and is expanding his role. His prior experience includes completing three acquisitions over twenty years ago and then integrating them into what eventually became Syntec Optics. His future vision of optics and photonics everywhere comes from his 30 years of experience. He holds an MBA from Harvard Business School and an MS in engineering from Iowa State University. He attended the graduate programs at Indiana University for finance and the University of Cincinnati for computer-integrated manufacturing and robotics. Mr. Joe Mohr has been appointed Chief Manufacturing Officer, He has served in many roles, most recently as CEO. New Risk • Apr 15
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2023. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (1.0x net interest cover). Minor Risks Latest financial reports are more than 6 months old (reported June 2023 fiscal period end). Share price has been volatile over the past 3 months (16% average weekly change). Profit margins are more than 30% lower than last year (1.1% net profit margin). Tillkännagivande • Dec 21
Syntec Optics Expands its Capabilities to Produce New Disruptive Innovation Product Called Phoenix Syntec Optics announced that it has expanded its capabilities to produce a new disruptive innovation product called Phoenix, a thermal scope that clips-on in front of the soldier’s daylight scope on military platforms and can be switched on and off without affecting the daylight scope to provide a thermal image as needed. American soldiers can now defend against camouflaged targets/threats and leverage enhanced situation awareness without the inconvenience of any additional equipment or flip-in-place devices currently in use. The Phoenix has multiple modes of use. These include a full thermal mode and an outline mode used for camouflaged object detection. All modes are easily selectable using the convenient, user-friendly interface. Tillkännagivande • Dec 06
Syntec Optics Launches New Line of Microlens Arrays Syntec Optics announced the launch of its new line of microlens arrays used in fiber optics coupling applications exclusively for a blue-chip customer. These ultra-high-precision microlens arrays offer much-needed higher production volume, high performance, and increased reliability. Among several other lines of long life-cycle products, Syntec Optics has a history of making mission-critical microlens arrays (MLAs) for defense, biomedical, and consumer end-markets, including MLAs enabling pollution measurement from defense satellites, blood gas analysis by biomedical devices, and megapixel applications in consumer products.