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Syntec Optics Reshores 3X Weapon Sight Magnifiers (Nasdaq: OPTX)
Syntec Optics launches new product for defense weapon sights ROCHESTER, NEW YORK, Nov. 22, 2023 (GLOBE NEWSWIRE) -- Syntec Optics, a scientific and technical
About this update from Syntec Optics Holdings, Inc.
[{"type":"text","content":"Syntec Optics launches new product for defense weapon sights\nROCHESTER, NEW YORK, Nov. 22, 2023 (GLOBE NEWSWIRE) -- Syntec Optics, a scientific and technical instruments, and aerospace and defense optics provider, announced today the launch of the new 3x magnifier used with various defense weapon sights, including holographic and red dot reflex sights. The launch is in response to Made in America reshoring initiatives underway due to FAR Buy American Act requirements of the U.S. Government. \"Reshoring of American advanced manufacturing due to FAR Buy American Act requirements favors continued growth for Syntec Optics,\" said Syntec Optics CEO Joe Mohr. \"Syntec is focused on the design of lightweight, high-performance optics to reduce weight by 100 grams, which is significant to soldiers carrying a lot of equipment.\" U.S. Army veteran and Syntec Optics Program Manager Louie Salinas said, \"Syntec Optics is using the polymer technology that was pioneered at the company to reduce weight. It also uses world-class design capabilities with vertically integrated and optimized optics manufacturing to offer a domestic alternative for 3x magnifiers made abroad.\" About Syntec Optics Syntec Optics Holdings, Inc. (Nasdaq: OPTX), a 20-year optics and photonics leader for scientific and technical instruments and aerospace and defense products, has the mission of keeping American soldiers out of harm's way, improving patient care and bringing more precision products to the consumer. Syntec Optics, headquartered in Rochester, NY, is one of the largest custom optics and photonics manufacturers in the United States. Operating for over two decades, Syntec Optics runs a state-of-the-art manufacturing facility with extensive core capabilities of various optics manufacturing processes, both horizontally and vertically integrated, to provide a competitive advantage for mission-critical OEMs. Syntec Optics recently launched new products, including Low Earth Orbit (LEO) satellite optics, lightweight night vision goggle optics, and biomedical equipment optics. To learn more, visit www.syntecoptics.com. Forward-Looking Statements This press release contains certain \"forward-looking statements\" within the meaning of the United States Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933, as amended (the \"Securit...