Syntec Optics Holdings, Inc.
OPTXW
NASDAQ Capital Market1.49
USD
-0.11
- -
Syntec Optics Holdings, Inc.
OPTXW
(NASDAQ Capital Market)
Recent
price
1.49
P/E
ratio
- -
div
yld
- -
ROIC.AI
Capital Structure
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in mil. unless spec.- Similar Companies
- Business
- Syntec Optics Holdings, Inc. is a vertically integrated manufacturer specializing in precision optics and photonics solutions for defense, medical, and communications markets. Founded in 1981 and headquartered in Rochester, New York, the company designs, develops, and manufactures polymer-based optics; optical assemblies including electro-optics assemblies; molded polymer and glass optic components; opto-mechanical components; diamond-turned optics; precision microlens arrays; and specialized products such as low Earth orbit (LEO) satellite optics, lightweight night vision goggle optics, and biomedical imaging optics. Its manufacturing capabilities encompass single point diamond turning, high refraction diamond turning, molding, coating, tooling, assembly, testing, and software development to support custom optical system solutions. Recent strategic developments include securing $5.2 million in new orders for defense night vision goggle optics and expanding its product range into rocket propulsion optics for the defense and space markets. The company has increased production capacity, planning to double weekly shipments of ultra-high-precision LEO satellite optics through 2025 in response to strong demand driven by the satellite communications sector. Syntec Optics also reports improving financial performance with 2024 net sales reaching $28.4 million and adjusted EBITDA of $2.2 million, supported by operational efficiencies and product demand growth. The company continues to target inorganic growth through bolt-on acquisitions to consolidate its position in the fragmented photonics market. Syntec’s products serve critical applications in the defense, biomedical, and emerging technology sectors including virtual reality and AI-driven consumer electronics. Its global commercial footprint aligns with the growing photonics industry, addressing precise material identification needs and high-reliability optics for satellite, military, medical, and industrial clients. The combination of advanced manufacturing techniques and a broad product suite places Syntec Optics as a leading supplier in precision optics with expanded strategic focus on space and defense optics markets.
Syntec Optics Holdings, Inc. (NASDAQ:OPTXW) Short Interest Up 367.3% in April