Syntec Optics Holdings, Inc.

Snapshot

Syntec Optics is a small precision-optics maker serving defense, space and medical customers. Full-year 2025 revenue was $28.1M, down slightly, with a $1.8M net loss, but the most recent quarter (Q2 2026) swung to $8.3M in revenue (up 26% YoY) and a small net profit.

What's Happening Right Now

• Mon 5th Oct '26 · Space order: On Oct 5, 2026, Syntec announced recurring production orders for actuators on NASA's Artemis III rockets, extending its space-optics work to lunar missions.
• Mon 21st Sep '26 · Space order: On Sep 21, 2026, Syntec said it secured an order tied to U.S. Space Force and reconnaissance infrastructure, with a CFO-described aspirational backlog target over $100M, though the release discloses no contract value or timeline.
• Thu 10th Sep '26 · Auditor change: On Aug 19, 2026, Syntec dismissed CBIZ as auditor and hired WithumSmith+Brown for FY2026; the transition was clean, but the filing re-disclosed five categories of internal-control material weaknesses still unresolved.
• Tue 11th Aug '26 · Earnings: Q2 2026 revenue hit a record $8.3M, up 26% YoY, swinging to a $0.3M net profit after using $21.4M in offering proceeds to pay off its revolving credit line and end the quarter with $14M in cash; Q3 and Q4 revenue guidance was set at $8.3M-$9.25M.
• Sun 2nd Aug '26 · Dilution risk: On Aug 2, 2026, Syntec filed an S-1 letting selling stockholders, including CEO Al Kapoor (about 76% owner), resell roughly 30.7M shares after lock-up expiry, a concentrated block the filing itself warns could pressure the stock price.