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Syntec Optics Receives Fusion Reactor-Related Orders; Shares Rise

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Syntec Optics (OPTX) said Monday it has received new orders for fusion reactor optics worth seven times the amount it received late last year.

Financial details were not disclosed.

Syntec said it will produce the optics for fusion reactions that will power AI data centers.

Since entering the market over the past two years, Syntec said it has secured $4 million in orders for data-center products, adding that it is dedicating 5% of its factory capacity to AI data center optics to support long-term growth.

Syntec shares rose more than 5% in Monday trading.

Price: $6.92, Change: $+0.39, Percent Change: +5.97%

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