NEWS
Syntec Optics (Nasdaq: OPTX) to Manufacture over $1M in Advanced Optics for Next Generation U.S. Defense Integrated Optics System
Syntec Optics (Nasdaq: OPTX), a key supplier of scientific and technical instruments, announced it will manufacture over $1 million in advanced optics for the next-generation U.S. defense integrated optics systems. The new military system includes a variable magnification optic, laser rangefinder, visible and infrared lasers, and a digital display overlay. Scheduled deliveries, worth nearly $900,000, will be fulfilled over the next twelve months, with potential increases in subsequent years. Syntec utilized its unique glass molding and nano-machining capabilities for the project. The initiative started with field tests and production ramp-up nearly twelve months ago. The integrated optic system significantly enhances accuracy and can connect with the Army's smart goggles.
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