$OPTX

3 stories mentioning OPTXUpdated 5d ago

Every FINWIRES story that references OPTX, newest first.

Syntec Optics Receives Fusion Reactor-Related Orders; Shares Rise

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%

$OPTX

Wire96d ago

Syntec Optics Says Space Optics Output Quadrupled in March

Syntec Optics (OPTX) said Monday it quadrupled monthly production of its space optics products in March from a year earlier.The company said it scaled operations using its efficiency framework to meet demand for satellite optics, while continuing to advance its defense technology programs. Syntec also said it has been shipping an antenna stabilization mechanism as part of its expanding space portfolio.By the end of Q1, the company had shipped nearly 50% of its 2025 total space product sales volume, nearly doubling throughput.Price: $8.48, Change: $-0.15, Percent Change: -1.68%

$OPTX

Wire109d ago

Syntec Optics Holdings Receives Nearly $2 Million Order for AI-Powered Micro Cameras

Syntec Optics Holdings (OPTX) said Tuesday it received a nearly $2 million expansion order for integrated micro cameras used in next-generation artificial intelligence-enabled augmented reality systems for US warfighters.The company said the current order is for initial deployment and is expected to serve as the foundation for significant recurring annual orders throughout the decade.Price: $10.01, Change: $+0.26, Percent Change: +2.62%

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