Unlock stock picks and a broker-level newsfeed that powers Wall Street. Upgrade Now NasdaqCM - Delayed Quote • USD Syntec Optics Holdings, Inc. (OPTXW) Follow Compare 0.0458 -0.0228 (-33.24%) At close: 1:36:27 PM EDT All News Press Releases SEC Filings All SEC Filings Corporate Changes & Voting Matters Periodic Financial Reports Proxy Statements Tender Offer/Acquisition Reports Offering Registrations Syntec Optics Enables Revolutionary Photonic Biosensing for Accelerated Drug Discovery ROCHESTER, NEW YORK, March 10, 2025 (GLOBE NEWSWIRE) -- Syntec Optics Holdings, Inc. (“Syntec Optics” or the “Company”) (Nasdaq: OPTX), a leading provider of mission-critical products to advanced technology defense, biomedical, and communications equipment manufacturers, today announced its continued collaboration to enable development of a novel photonic biosensing technology poised to transform drug discovery and testing. Syntec Optics is providing critical optical manufacturing and sub-assemb Syntec Optics to Enable Next-Gen Augmented Reality System ROCHESTER, NEW YORK, March 04, 2025 (GLOBE NEWSWIRE) -- Syntec Optics Holdings, Inc. (“Syntec Optics” or the “Company”) (Nasdaq: OPTX), a leading provider of mission-critical products to advanced technology defense, biomedical, and communications equipment manufacturers, today announced it is developing critical optics manufacturing and sub-assembly processes for the world's first approach to project vital information directly into the eye eliminating need for any Augmented/Virtual/Mixed Reality Matt Carey to Lead Business Development and Delivery at Syntec Optics (Nasdaq: OPTX) ROCHESTER, NEW YORK, Dec. 19, 2024 (GLOBE NEWSWIRE) -- Syntec Optics Holdings, Inc. (“Syntec Optics” or the “Company”) (Nasdaq: OPTX), a leading provider of mission-critical products to advanced technology defense, biomedical, and communications equipment manufacturers, today announced the appointment of Matt Carey to head Business Development and Delivery. Having worked at Syntec Optics previously and returning, Carey brings a wealth of experience and a deep understanding of the Company’s engin Syntec Optics Holdings, Inc.'s (NASDAQ:OPTX) CEO Al Kapoor is the most upbeat insider, and their holdings increased by 91% last week Key Insights Significant insider control over Syntec Optics Holdings implies vested interests in company growth 83% of... Mike Ransford Joins Syntec Optics (Nasdaq: OPTX) as Site Manager ROCHESTER, NEW YORK, Dec. 16, 2024 (GLOBE NEWSWIRE) -- Syntec Optics Holdings, Inc. (“Syntec Optics” or the “Company”) (Nasdaq: OPTX), a leading provider of mission-critical products to advanced technology defense, biomedical, and communications equipment manufacturers, today announced the appointment of Michael J. Ransford as Site Manager. In this role, Ransford will oversee technology and operations. With over 30 years of experience in engineering, operations, and business leadership, Ransford Syntec Optics (Nasdaq: OPTX) Secures $2.1M in New Orders for Space Optics Meets sustained demand for Low Earth Orbit Satellite productsROCHESTER, NEW YORK, Dec. 09, 2024 (GLOBE NEWSWIRE) -- Syntec Optics (Nasdaq: OPTX), a leading provider of mission-critical products to advanced technology defense, biomedical, and communications equipment manufacturers, today announced that it has secured over $2.1 million in orders for its ultra-high-precision space optics. The company will utilize its dedicated production cell to continue delivering products. “Continued orders demon Syntec Optics (Nasdaq: OPTX) to Host Conference Call to Discuss Financial Results and Business Update ROCHESTER, NEW YORK, Nov. 15, 2024 (GLOBE NEWSWIRE) -- Syntec Optics (Nasdaq: OPTX), a leading provider of mission-critical products to advanced technology defense, biomedical, and communications equipment manufacturers, today announced it will host a conference call on Monday, November 18, 2024, at 5:00 p.m. Eastern Time (ET) to discuss its financial results and provide a business update. With nearly 11% of the global GDP light-enabled, Syntec Optics Chairman and CEO Al Kapoor delivered a keyno Syntec Optics Holdings, Inc. (Nasdaq: OPTX) Reports Third Quarter 2024 Financial Results Syntec continues sequential revenue growth with positive EBITDAROCHESTER, NEW YORK, Nov. 14, 2024 (GLOBE NEWSWIRE) -- Syntec Optics (Nasdaq: OPTX), a leading provider of mission-critical products to advanced technology defense, biomedical, and communications equipment manufacturers, today reported financial results for the first quarter of 2024. Third Quarter 2024 Financial Highlights Net Sales of $7.86 million increased by 12.3% from $7.01 million in Q2 2024, and sales from products of $7.33 mi Syntec Optics (Nasdaq: OPTX) Plans to Restart Production for Precision Laser Guidance Optics for Next Five Years The award-winning production line contributes to increased success rate of military missionsROCHESTER, NEW YORK, Nov. 05, 2024 (GLOBE NEWSWIRE) -- Syntec Optics (Nasdaq: OPTX), a leading provider of mission-critical products to advanced technology defense, biomedical, and communications equipment manufacturers, today announced that it is planning to restart the manufacturing of components and assembly that supports the precision-guided munition program in March Q1 2025. This manufacturing capabi Syntec Optics (Nasdaq: OPTX) Chairman & CEO to Keynote the Future of Photonics that Enables the Tech Frontier from Artificial Intelligence to Quantum and Defense CEO will deliver a speech titled “The Photonic Evolution: Current Trends and Future Growth Area” at the Global Photonics Forum 2024ROCHESTER, NEW YORK, Sept. 24, 2024 (GLOBE NEWSWIRE) -- With nearly 11% of the global GDP light-enabled, Syntec Optics Chairman and CEO Al Kapoor is excited to deliver a keynote speech at the Global Photonics Forum, which will be held in Malaga, Spain, on October 1-2, 2024. At this event organized by Optica, a Society that advances optics and photonics worldwide, 300 Syntec Optics Holdings, Inc. (Nasdaq: OPTX) Reports Second Quarter 2024 Financial Results Syntec achieves sequential revenue growth and returns to positive EBITDA and Earnings per Share.ROCHESTER, NEW YORK, Aug. 14, 2024 (GLOBE NEWSWIRE) -- Syntec Optics Holdings, Inc. (“Syntec Optics” or the “Company”) (Nasdaq: OPTX), a leading provider of mission-critical products to advanced technology defense, biomedical, and communications equipment manufacturers, today reported financial results for the first quarter of 2024. Second Quarter 2024 Financial Highlights Net Sales of $7.01 million i Syntec Optics (Nasdaq: OPTX) Launches Production of New Disposable Optics for Characterization of Biomolecules and Nanoparticles Plans to ramp new product salesROCHESTER, NEW YORK, Aug. 01, 2024 (GLOBE NEWSWIRE) -- Syntec Optics, a leading provider of mission-critical optics for scientific and technical instruments and equipment OEMs in diverse defense, biomedical, communications, and consumer end-markets, announced today that it has launched the production of biomolecules and nanoparticles characterization optics used in direct light scattering instruments for biopharma technologists. Syntec's new disposable optics enabl Syntec Optics (Nasdaq: OPTX) Secures $2.2M in New Orders for Space Optics Uses newly developed production cell to meet higher order volumesROCHESTER, NEW YORK, July 18, 2024 (GLOBE NEWSWIRE) -- Syntec Optics (Nasdaq: OPTX), a leading provider of scientific, technical instruments, aerospace, and defense optics, announced today that it has secured over $2.2 million in orders for its ultra-high-precision space optics. The company will utilize its newly developed dedicated production cell to scale production for deliveries scheduled for the third quarter of 2024. “This si Syntec Optics (Nasdaq: OPTX) to Manufacture over $1M in Advanced Optics for Next Generation U.S. Defense Integrated Optics System Enabling higher accuracy for the Smart Optics SystemROCHESTER, NEW YORK, July 12, 2024 (GLOBE NEWSWIRE) -- Syntec Optics (Nasdaq: OPTX), a mission-critical supplier of scientific and technical instruments and defense and aerospace optics to OEMs, today 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 Syntec Optics (Nasdaq: OPTX) Builds Higher Volume Manufacturing Cells for Low Earth Orbit Satellite Optics and Data Center Optical Connectivity Product Lines Meets demand for growing space economy and deployment of artificial intelligenceROCHESTER, NEW YORK, July 10, 2024 (GLOBE NEWSWIRE) -- Syntec Optics (Nasdaq: OPTX), a leading provider of scientific, technical instruments, aerospace, and defense optics, announced today that it has successfully developed two different and scalable solutions that deliver higher weekly production volumes to meet demands for optics used in low earth orbit satellites and data centers. Syntec continues to receive order Syntec Optics (Nasdaq: OPTX) Secures $1.3M Orders for Datacom Microlens Array, Orders Forecasted to More Than Double to $3.2M Enables more optical connectivity in data centers to meet increased demand for artificial intelligenceROCHESTER, NEW YORK, June 11, 2024 (GLOBE NEWSWIRE) -- Syntec Optics (“Syntec”), a scientific and technical instruments and aerospace and defense mission-critical optics provider that further added product lines in the communications end-market with datacom microlens arrays, announced today $1.3M in secured 2024 orders, including $0.5M already delivered. It has received forecasted orders for the Syntec Optics (NASDAQ: OPTX) Announces Dean Rudy as New Chief Financial Officer ROCHESTER, NEW YORK, June 10, 2024 (GLOBE NEWSWIRE) -- Syntec Optics (“Syntec” or the “Company”) (Nasdaq: OPTX) named Dean Rudy Chief Financial Officer, effective June 10, 2024. Mr. Rudy succeeds Mr. Robert (Casey) Nelson. Dean Rudy brings over 30 years of experience with a unique combination of financial and operational leadership skills cultivated in small, medium, and fortune-100-sized businesses with the common thread of partnering with the management team and achieving profitable company gr Syntec Optics (Nasdaq: OPTX) to Participate in the “Charting the Course: Navigating the Intersection of TMT and Business in the AI Era” Conference Presented by Maxim Group LLC on Tuesday, June 4th & Wednesday, June 5th, at 8:00 A.M. E.T.ROCHESTER, NEW YORK, June 03, 2024 (GLOBE NEWSWIRE) -- Syntec Optics (Nasdaq: OPTX), a leading provider of mission-critical optics to scientific and technical instruments and aerospace and defense OEMs, announced today that Company Chairman and CEO Al Kapoor has been invited to present at the “Charting the Course: Navigating the Intersection of TMT and Business in the AI Era” Conference, presented by Maxim While insiders own 45% of Syntec Optics Holdings, Inc. (NASDAQ:OPTX), retail investors are its largest shareholders with 55% ownership Key Insights Significant control over Syntec Optics Holdings by retail investors implies that the general public has... Syntec Optics (Nasdaq: OPTX) Secures Order to Develop a High Resolution and High Numerical Aperture Lens System for Next Generation Digital Night Vision Allows new digital night vision defense devices to approach legacy analog system performanceROCHESTER, NEW YORK, May 30, 2024 (GLOBE NEWSWIRE) -- Syntec Optics (Nasdaq: OPTX), a leading provider of mission-critical optics to scientific and technical instruments and aerospace and defense OEMs, announced today that it secured an order from an industry-leading blue chip customer to develop optical system for state-of-the-art low light digital sensors. These lenses allow more light to reach the came