Syntec Optics Secures $1.3M Orders For Datacom Microlens Array; Received Forecasted Orders For The Same Product That Can Potentially Double The Demand To $3.2M
Portfolio Pulse from Benzinga Newsdesk
Syntec Optics has secured $1.3M in orders for its datacom microlens array, with potential forecasted orders that could double the demand to $3.2M. The company plans to expand production and metrology to meet these orders in 2024 and early 2025.
June 11, 2024 | 12:26 pm
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Syntec Optics has secured $1.3M in orders for its datacom microlens array, with potential forecasted orders that could double the demand to $3.2M. This indicates strong demand and potential revenue growth for Syntec.
The secured orders and potential forecasted orders indicate strong demand for Syntec's products, which is likely to positively impact revenue. The planned production expansion further supports this positive outlook.
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