Syntec Optics

OPTX

Market cap $416M

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ROCHESTER, NEW YORK, June 22, 2026 (GLOBE NEWSWIRE) -- Syntec Optics (Nasdaq: OPTX), a leading provider of mission-critical technologies for vibrant end-markets - defense tech, space tech, and biomed tech today announced it received nearly $4 million in U.S. life sciences purchase orders.

Space and defense deep tech company Syntec Optics Holdings, Inc. (NASDAQ:OPTX) said it has received nearly $2.4 million in new purchase orders for an optics product line built to support weekly launches of Low Earth Orbit satellites. The Rochester, New York-based company said the orders, scaled for higher production in the first quarter of 2026, expand a previously announced order of nearly $1.9 million for the same product line.

ROCHESTER, NEW YORK, June 16, 2026 (GLOBE NEWSWIRE) -- Syntec Optics Holdings, Inc. (Nasdaq: OPTX) (“Syntec Optics” or the "Company"), a Space and Defense deep tech leader, today announced nearly $2.4 million in new purchase orders for the product line, scaled for higher production in Q1 2026, to support weekly launches of Low Earth Orbit satellites. This order expands the previously announced nearly $1.9 million Q1 order, bringing total recent awards for this product line to nearly $4.3 million, with full delivery expected before the middle of next quarter.

OPTX is riding on rising defense spending, domestic sourcing mandates, space-economy growth and expanding AI-photonics applications, which are creating significant long-term opportunities.

ROCHESTER, NEW YORK, June 09, 2026 (GLOBE NEWSWIRE) -- Syntec Optics (Nasdaq: OPTX), a leading innovator in defense tech, space tech, and biomedical tech manufacturing, today announced a new $4.6 million purchase order for the continued manufacturing of advanced laser blood-test cartridges and optical reader subsystems for benchmark instrumentation used across global clinics and hospitals.

Albert A. Manzone Appointed Interim President and CEO Patrick Lockwood-Taylor Resigns as President and CEO and as a Member of the Board DUBLIN, June 8, 2026 /PRNewswire/ -- Perrigo Company plc (NYSE: PRGO) ("Perrigo" or the "Company"), a leading provider of Consumer Self-Care Products, today announced that its Board of Directors has appointed Albert A. Manzone, a member of the Company's Board, as Interim President and Chief Executive Officer, effective immediately.

Syntec Optics Holdings has rapidly appreciated, driven by military contracts, a $21.5M equity raise, and imminent Russell 3000 Index inclusion. OPTX's recent capital infusion eliminated liquidity risk, extended its cash runway to over four years, and enabled strategic acquisitions and operational expansion. Despite Q1-2026 revenue and earnings declines, management expects Q2 sales to exceed $7.5M, underpinned by defense and space optics growth.

ROCHESTER, NEW YORK, June 01, 2026 (GLOBE NEWSWIRE) -- Syntec Optics (Nasdaq: OPTX), a leading innovator in defense tech, space tech, and biomedical tech, announced today that it has been selected for inclusion in the Russell 3000® Index as part of the 2026 annual reconstitution. This inclusion will become effective after the U.S. market closes on June 26, 2026.

OPTX posts a loss per share in Q1 as shipment timing delays hurt revenue and margins, though defense and space optics demand is expected to support sequential growth in Q2 2026.