OPTX News & Events

Syntec Optics has quadrupled monthly production in March as compared to the prior year same month for its ultra-high precision space optics line. The company scaled operations to meet demand for satellite optics while simultaneously advancing its previously announced defense technologies. The company has also been responding to additional demands for our growing space economy. The company has been shipping an antenna stabilization mechanism. By the end of the first quarter, the company had shipped nearly 50% of the 2025 total sales volume of space products, nearly doubling throughput.

The deal priced below last closing price of $8.20. H.C. Wainwright is acting as sole book running manager for the offering.

Syntec Optics Holdings announced a nearly $2M expansion order for integrated micro cameras used in the next-generation Artificial Intelligence-enabled augmented reality systems for our U.S. warfighters. Syntec is expanding its defense footprint with a new product line, following the high-performance execution of our ballistic optics product announced in December 2025. Current order is for the initial deployment, serving as the foundation for significant recurring annual orders projected throughout the decade. CFO Dean Rudy stated, "This expansion into micro cameras represents a big leap in our technical offering. We are moving beyond the display layer into the sensing layer, leveraging nearly every capability within our 90,000-square-foot advanced manufacturing facility. It is a total activation of our integrated infrastructure."