Ticker | Status | Jurisdiction | Filing Date | CP Start | CP End | CP Loss | Deadline |
---|
Ticker | Case Name | Status | CP Start | CP End | Deadline | Settlement Amt |
---|
Ticker | Name | Date | Analyst Firm | Up/Down | Target ($) | Rating Change | Rating Current |
---|
Syntec Optics, a leading provider of mission-critical optics for scientific and technical instruments and defense and aerospace OEMs, announced today the launch of process development for a high-volume production line to make disposable medical optics. After nearly three years of concept proposals, Syntec Optics secured the order and plans to install a fully automated advanced production line for this new product.
"We are excited to develop and provide the next-generation disposable optics for biomedical camera functionalities that push the boundaries on accuracy," said Louie Salinas, Program Manager at Syntec Optics. "We believe the new development order will create a new standard for fully automated high-volume production in the US to support an existing user base. Syntec has the automated equipment for intricate replicative manufacturing, a vertically integrated thin-film coating facility, and over twenty years of expertise to be selected to supply mission-critical optics."
"Innovative high-performance camera systems with multi-angled, wider field of view and increased imaging detail require highly accurate disposable optics," said Sara Hart, Director of Sales at Syntec Optics. "It is exciting to contribute to the needs of doctors and their patients."
The addressable marketplace for the photonics-enabled biomedical segment in 2021 was estimated at $201.1B.
Posted In: OPTX