Syntec Optics (Nasdaq: OPTX) Delivers 50,000th Precision
From GlobeNewswire:
Syntec Optics achieved a major milestone by delivering its 50,000th microlens array in a record time. The production capacity has expanded through acquisition of production and metrology equipment from a customer’s facility. The company’s advanced manufacturing processes were developed within eight weeks, enabling rapid growth and expansion. Blue chip customers choose Syntec for high precision products, with Communications valued at nearly $43B in the global marketplace. With space optics for the communications end-market, microlens arrays increase Syntec’s penetration into applications like telecom and biomedical datacom. This milestone demonstrates the company’s growth and importance in key end-markets.
Read more: Syntec Optics (Nasdaq: OPTX) Delivers 50,000th Precision