Syntec Optics Holdings Inc

Earnings data Q1 2024

Earnings data Q4 2023

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Syntec Optics Holdings, Inc. engages in the design and manufacture of optics and photonics enabled products. Its products include Low Earth Orbit satellite optics. The company was founded in 1981 and is headquartered in Rochester, NY.

Leverages its IP to Overlay Thermal Image into Existing Defense Daylight Scopes Leverages its IP to Overlay Thermal Image into Existing Defense Daylight Scopes

Syntec Optics Launches Innovative Thermal Clip-On Scope (Nasdaq: OPTX)

ROCHESTER, NEW YORK, Dec. 11, 2023 (GLOBE NEWSWIRE) -- Syntec Optics, an advanced manufacturer and technology provider of optics and photonics products, announced today the expansion of capabilities to deposit very thin layers (nanometers in thickness) of gold on various existing optics produced at Syntec, including space satellite optics, biomedical optics, and LED illumination optics.

Syntec Optics Expands Thin-Film Technology with Gold Coating Capabilities (Nasdaq: OPTX)

ROCHESTER, NEW YORK, Dec. 06, 2023 (GLOBE NEWSWIRE) -- Syntec Optics (Nasdaq: OPTX), a leading provider of optics and photonics products for defense, biomedical, consumer, and other end-markets, today announced it will be presenting at the Benchmark Company's 12th Annual Discovery One-on-One Investor Conference to be held Thursday, December 7th, 2023 at the New York Athletic Club in New York City.

Syntec Optics to Present at The Benchmark Company's Upcoming Discovery One-on-One Investor Conference (Nasdaq: OPTX)

ROCHESTER, NEW YORK, Dec. 05, 2023 (GLOBE NEWSWIRE) -- Syntec Optics, an advanced manufacturer of mission-critical optics and photonics products for defense, biomedical, and consumer end-markets for over two decades, today 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.

Syntec Optics Launches New Line of MicroLens Arrays (Nasdaq: OPTX)

ROCHESTER, NEW YORK, Nov. 22, 2023 (GLOBE NEWSWIRE) -- Syntec Optics, a scientific and technical instruments, and aerospace and defense optics provider, announced today the launch of the new 3x magnifier used with various defense weapon sights, including holographic and red dot reflex sights. The launch is in response to Made in America reshoring initiatives underway due to FAR Buy American Act requirements of the U.S. Government.

Syntec Optics Reshores 3X Weapon Sight Magnifiers (Nasdaq: OPTX)

ROCHESTER, NEW YORK, Nov. 16, 2023 (GLOBE NEWSWIRE) -- Syntec Optics, a scientific and technical instruments, and aerospace and defense mission-critical supplier that previously announced winning contracts for extremely high-precision satellite optics for the space economy and night vision goggle optics for the defense end-markets, announced today that it has been awarded its first contract for a minimum of 20 ultra-precision biomedical optics to be delivered in 2023 and additional 2400 in early 2024. "Syntec Optics is delighted to serve the mission-critical biomedical end-market in addition to consumer and defense.

Syntec Optics (Nasdaq: OPTX) Awarded Contract for Optics in Biomedical Equipment

Syntec Optics reduces the weight of defense and commercial night vision optics to fulfill pent-up demand Syntec Optics reduces the weight of defense and commercial night vision optics to fulfill pent-up demand

Syntec Optics (Nasdaq: OPTX) Awarded Contract for Light-Weight Night Vision Optics

ROCHESTER, NEW YORK, Nov. 09, 2023 (GLOBE NEWSWIRE) -- Syntec Optics Holdings, Inc. (Nasdaq: OPTX), a 20-year optics and photonics leader for scientific and technical instruments and aerospace and defense products that has the mission of keeping American soldiers out of harm's way, improving patient care and bringing more precision products to the consumer, announced it has refinanced the terms of its commercial banking loan agreements at more favorable terms. The refinancing extends the maturity dates of the existing loans, increases the line of credit by 25%, decreases the interest rates by 85 basis points on all existing loan facilities, adds an additional new loan/lease facility of $5,000,000, and increases the funded debt to TTM EBITDA ratio from 3.0x to 3.5x.

Syntec Optics (Nasdaq: OPTX) Announces Favorable Terms Refinancing of Loan Agreements

OmniLit Acquisition Corp

ROCHESTER, N.Y. , May 12, 2023 /PRNewswire/ -- Syntec Optics, Inc. ("Syntec Optics") has entered into a definitive business combination agreement with OmniLit Acquisition Corp. (Nasdaq: OLIT), (or "OmniLit"); upon or following closing, OmniLit will be renamed Syntec Optics Holdings, Inc. and listed on Nasdaq under the new ticker OPTX.

Syntec Optics, a Leading Optics and Photonics Company, to Publicly List on Nasdaq through Business Combination with OmniLit Acquisition Corp.

News for Syntec Optics Holdings Inc Stock (OPTX)