Syntec Optics secures $2.2 million in new orders for ultra-high-precision space optics

From GlobeNewswire: 2024-07-18 08:00:00

Syntec Optics secures $2.2 million in orders for ultra-high-precision space optics, with deliveries scheduled for Q3 2024. This demonstrates growing demand in the LEO satellite market. Their nano-scale precision optics technology enables lower latency for satellite broadband, a key advantage over traditional systems. The global space economy could reach $1 trillion by 2040. Syntec Optics is a leading custom optics manufacturer based in Rochester, NY, with extensive capabilities. For more information, visit www.syntecoptics.com. Contact Sara Hart for Investor Relations at [email protected]. Source: Syntec Optics Holdings, Inc. (Nasdaq: OPTX).



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