Syntec Optics Holdings, Inc. (Nasdaq: OPTX) (“Syntec Optics” or the “Company”), a leading provider of technology products to defense, biomedical, communications, and consumer end-market leaders, today announced it has received a new order valued at approximately $1.9 million for Low Earth Orbit (LEO) satellite optics, one of its high-performing production lines. This new order is scheduled to be shipped by the end of February 2026.
This significant new booking builds upon a year of strong operational execution. From January through November 2025, Syntec Optics shipped over $2.6 million in space optics, demonstrating the Company’s ability to move from development to scale production. Syntec has demonstrated it can meet the rigorous demands of a rapidly growing industry with strong tailwinds.
The Company continues to see a compounding trend in order volume for its space optics product lines. Following a series of wins over the past 24 months—including reaching the milestone of its 17,000th space optic manufactured in October 2025 and securing multimillion-dollar orders in 2024—this latest order underscores the recurring and expanding nature of Syntec’s space business. If such a rate is sustained, Syntec is projected to nearly triple the deliveries in 2026 for this product line.
“The demand for our LEO satellite optics is not just continuing; it is trending upward at an accelerated pace,” said Matt Carey, VP of Business Development and Delivery at Syntec Optics. “We have successfully shipped over $2.6 million in space optics year-to-date in 2025, and adding another $1.9 million to our backlog for delivery through early 2026 is exciting. Our customer is continuing to scale their constellations, and because of our vertically integrated manufacturing platform, we are scaling right alongside them. We are seeing orders increase, confirming that our strategy to prioritize yield and capacity in this sector is helpful.”
Syntec Optics has established itself as a critical partner in the space economy, providing lightweight, high-precision optics essential for satellite communications and earth observation. The Company’s ability to maintain high yields while ramping up volume has been a key factor in securing repeat orders from industry leaders.
Goldman Sachs projects that nearly 30 percent of the world population still lacks internet services, and the satellite market could grow significantly, from $15 billion to $108 billion by 2035.
Morgan Stanley forecasts that the global space economy will reach $1 trillion by 2040.
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