Syntec Optics Wins Landmark U.S. Space Force and Reconnaissance Order

โดย GlobeNewswire·US·Read original
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Syntec Optics Holdings, Inc. announced a landmark order to enable vital U.S. Space Force infrastructure and advanced reconnaissance operations, which the company called the most critical order in its 25-year history. The Rochester, New York-based maker of high-precision optics and photonics, which trades on Nasdaq under the ticker OPTX, said it will build optics for government satellite constellations intended to protect the country, with the U.S. National Reconnaissance Office beginning to build out the constellation and the U.S. Space Force able to use the information sent down to help keep the military safe. CFO Dean Rudy said the company is beginning to build a pro forma for space product lines in excess of $100 million in backlog, adding that the NRO is funding a giant network of low-flying satellites and the Space Force will keep growing that network through the rest of the 2020s. Syntec said it has already built thousands of special laser connections so satellites can talk to each other in space, and that its optics can survive the hot and freezing temperatures of space and track things on Earth in real time. The announcement comes as Air Force Secretary Troy Meink publicly confirmed at the Air & Space Forces Association's annual conference in Maryland that the threat is changing faster than thought possible, following an executive order by the U.S. President to establish a commission to advance space as a core defense arm.

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