May. 15 at 4:42 PM
Added a little to my position during today’s dip:
$OPTX
Syntec Optics, ~
$300M mcap, US photonics manufacturer with vertically integrated production, 90,000 sq ft Rochester facility, ITAR compliant. FY25 revenue
$28.1M, Q4 GM 24% (+80% YoY), adj. EBITDA turned positive.
Guidance suggests Q1 below
$7.5M, Q2 above, with defense tech kicking in from then. 2026 growth areas look solid: space optics, AI/data center optics, defense tech, next-gen comms.
Recently raised
$20M; stock dropped, now ~33% below 52-week high. Funds to support operations, capex, acquisitions, debt repayment.
Capacity is ramping fast: space optics monthly output quadrupled vs last year, Q1 already shipped ~50% of 2025 full-year volume. LEO satellite line scaling,
$2M foundational AI-enabled AR microcamera order could just be the start of recurring orders.
Feels like three growth engines are firing at once: photonics, defense AR sensing, and LEO satellite optics. With capital constraints gone, it’s interesting to watch.