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Syntec Optics (Nasdaq: OPTX) Assigns Decorated Veteran as Assistant Director, Strategic Military Sales & Customer Development
Globenewswire· 2025-08-21 12:00
Core Viewpoint - Syntec Optics Holdings, Inc. has appointed Louie Salinas as Assistant Director of Strategic Military Sales & Customer Development, reflecting the company's commitment to enhancing its relationships with military customers and promoting its advanced optical solutions [1][4]. Company Overview - Syntec Optics Holdings, Inc. is a leading provider of technology products across various sectors, including defense, biomedical, communications, and consumer industries [1]. - The company is headquartered in Rochester, NY, and has been operating for over two decades, specializing in custom optics and photonics manufacturing [5]. - Syntec Optics has launched new products, including Low Earth Orbit (LEO) satellite optics, lightweight night vision goggle optics, and biomedical optics for defense [5]. Leadership and Strategy - Louie Salinas, a retired U.S. Army Master Sergeant and decorated combat veteran, will lead sales for the company's thermal weapon sights and military night vision scope optics [2][3]. - His role involves strengthening strategic relationships with military customers and driving the adoption of Syntec Optics' products within the U.S. Department of Defense and allied nations [2][4]. - The appointment of veterans like Mr. Salinas in key leadership positions ensures that the company's product strategy is informed by the needs of end-users [4].
Syntec Optics (Nasdaq: OPTX) Expands into Products Enabling Rocket Propulsion in Defense and Space Market
Globenewswire· 2025-07-18 12:00
Company Overview - Syntec Optics Holdings, Inc. is a leading provider of technology products to defense, biomedical, communications, and consumer industries, headquartered in Rochester, NY [5] - The company has over two decades of experience and operates a state-of-the-art facility with extensive capabilities in optics manufacturing [5] Recent Developments - Syntec Optics has received initial orders for high-performance fuel actuators for rocket engines, which are critical for defense and space applications [1] - The company will utilize advanced nanotechnology processes to provide high-precision manufacturing solutions for these actuators [1] Industry Insights - Fuel actuators are essential for rocket propulsion, providing precise control of propellant flow, which is crucial for managing thrust and trajectory [2] - The global rocket propulsion market was valued at USD 10.5 billion in 2023 and is projected to reach USD 24.4 billion by 2030, growing at a CAGR of 11.2% [3] - The growth in this market is driven by increased satellite launches, space exploration missions, and national security initiatives [3] Product Significance - Syntec Optics' products are integral to the sophisticated actuators required in the expanding rocket propulsion market [3] - The company emphasizes the importance of reliability in rocket engines, which begins with the precision of each component [4] - Syntec Optics aims to support the U.S. industrial base for both defense and the growing commercial space economy through its advanced optical manufacturing techniques [4]
Syntec Optics (Nasdaq: OPTX) Adds Tom Lopa to the Team as Director of Opto-Mechanicals
Globenewswire· 2025-04-29 12:29
Company Overview - Syntec Optics Holdings, Inc. (Nasdaq: OPTX) is a leading provider of technology products across defense, biomedical, communications, and consumer industries [1][5] - The company operates a state-of-the-art manufacturing facility in Rochester, NY, specializing in diverse optics and photonics manufacturing processes [5] Leadership Appointment - Tom Lopa has been appointed as the Director of Opto-Mechanicals, bringing extensive experience in manufacturing operations and strategic leadership [1][3] - In his new role, Mr. Lopa will focus on increasing production for various opto-mechanical products, including those for aiming, satellite, biomedical, and night vision applications [2][3] Strategic Goals - The company aims to enhance and scale its opto-mechanical offerings, leveraging Mr. Lopa's expertise in lean manufacturing and quality systems [3] - Syntec Optics is committed to innovation and strategic vision for integrated optical solutions, which is expected to contribute to its growth [3] Recent Developments - Syntec Optics has recently launched new products, including Low Earth Orbit (LEO) satellite optics for communication, lightweight night vision goggle optics for defense, and biomedical optics for defense [5]