Syntec Optics announced it is scheduling to manufacture orders for two critical optics that fit in the next generation military optics systems. Such new systems provided by the customer integrate several advanced technologies, including a variable magnification optic, laser rangefinder, visible and infrared lasers, a digital display overlay, and several other sensing and calculating abilities. Syntec’s mission-critical optics deliveries of nearly $900,000 are scheduled for twelve months. Orders will likely increase in the following years and are anticipated to last over a decade.
Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on OPTX:
- Syntec Optics builds higher volume manufacturing cells for LEO
- Syntec Optics secures $1.3M orders for datacom microlens array
- Syntec Optics Holdings Announces CFO Transition and Growth Strategy
- Syntec Optics (NASDAQ: OPTX) Announces Dean Rudy as New Chief Financial Officer
- Syntec Optics CFO Robert Nelson departs, Dean Rudy succeeds
Looking for a trading platform? Check out TipRanks' Best Online Brokers , and find the ideal broker for your trades.
Report an Issue