Syntec Optics (Nasdaq: OPTX) Lands Artemis III Production Orders, Expands Space Portfolio to Moon Missions

The company reported a 10% increase in its space technology backlog and said the mission strategy supports years of recurring orders.

Rhea-AI Summary

Syntec Optics (Nasdaq: OPTX) announced recurring production orders for products used in actuators in NASA’s Artemis III rockets.

The products support actuators that keep rocket engines on trajectory. The company reported a 10% increase in its space technology backlog and said the evolving Artemis III strategy is establishing years of recurring orders. That strategy includes Earth-orbit practice tests for landers and docking systems ahead of a lunar landing. The orders extend Syntec’s space portfolio to Moon missions, alongside its work in satellite communications and reconnaissance.

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Hollow bars mark forward-looking points. How the balance works

Positive

• Moderate pointRecurring production orders for Artemis III rocket actuator products extend Syntec’s space portfolio to Moon missions.
• Minor pointSpace technology backlog increased 10% alongside the Artemis III production orders.
• Minor point. Forward-looking: it has not happened yet and may not happen.Years of recurring orders are being established, Syntec said, as the Artemis III mission strategy evolves.

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• None.

Key Figures

Space tech backlog increase: 10%

Space tech backlog increase

10%

Increase attributed to NASA's strategic pivot

Key Terms

actuators, photonics, low-earth-orbit

3 terms

actuators technical

"recurring production orders for actuators in NASA's Artemis III rockets"

Mechanical or electronic components that convert energy into movement or action, like the muscles in a machine that make valves open, robot arms move, or medical devices deliver precise doses. Investors care because the choice and quality of actuators affect a product’s performance, durability, manufacturing cost and scalability, which in turn influence revenue, margins and competitive position in hardware-heavy industries.

photonics technical

"manufacturers of high-precision optics and photonics"

Photonics is the science and technology of creating, guiding and detecting light, including lasers, optical fibers and sensors; think of it as building and controlling tiny beams of light the way engineers build and route electricity or water through pipes. For investors, photonics matters because it underpins faster communications, precise sensors, advanced manufacturing and medical devices—products and cost savings that can drive revenue growth, competitive advantage and long-term market value.

low-earth-orbit technical

"missions ranging from low-Earth-orbit satellites to advanced connected-battlefield defense platforms"

Low-Earth orbit (LEO) is the band of space closest to Earth where most communication, imaging and internet satellites operate, roughly up to about 2,000 kilometers above the surface. For investors, LEO matters because it’s the “real estate” where satellite and launch companies build products that enable faster connections, Earth observation and global services; proximity gives performance advantages but also creates competition, regulatory and operational risks that affect costs and returns.

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ROCHESTER, NEW YORK, Oct. 05, 2026 (GLOBE NEWSWIRE) -- Syntec Optics Holdings, Inc. (Nasdaq: OPTX) (“Syntec Optics” or the “Company”), a leading provider of deep-tech products to defense, space, and AI data centers, today announced recurring production orders for actuators in NASA's Artemis III rockets. 

Rockets need absolute precision to stay on a course full of adversity—like a unicyclist on a tightrope in a hurricane. Syntec Optics makes the ultra-precise products inside rocket actuators that keep those heavy engines locked on trajectory.

As NASA Administrator Jared Isaacman fast-tracks and modernizes America's space infrastructure toward a $20B Moon base for mining, data centers, and future fusion fuel, the global rocket market is surging from $10.5 billion in 2023 to $24.4 billion by 2030.

"We feel privileged to bridge generations," said Matt Carey, VP of Business Development. "We are working side-by-side with the pioneers of the Apollo and Space Shuttle eras to create the modern hardware that will return humanity to the Moon. Unlike the old Apollo visits, which seemed like short trips to win a space race, this new push aims to stay."

With the Artemis III mission strategy evolving to include rigorous Earth-orbit practice tests for landers and docking systems ahead of the lunar landing, Syntec is locking in years of recurring orders.

"NASA's strategic pivot establishes a foundation of predictable, high-value orders, immediately boosting our space tech backlog further by 10% and positioning our lunar products for exponential growth as moon missions accelerate," noted CFO Dean Rudy.

Precision-engineered products, from satellite communications and safety to Space Force reconnaissance and lunar rockets, make Syntec a vital partner in securing America's space dominance. 

About Syntec Optics

Headquartered in Rochester, N.Y., Syntec Optics Holdings, Inc. (NASDAQ: OPTX) is one of the nation’s largest bespoke manufacturers of high-precision optics and photonics. With a dedicated team of nearly 180 employees, the company pushes the limits of light-based technologies to connect and protect the world. Syntec supports critical missions ranging from low-Earth-orbit satellites to advanced connected-battlefield defense platforms, AI data centers, and life sciences. As light-enabled technologies continue to account for a significant portion of global economic output—representing nearly $20 trillion of the $111 trillion in total worldwide production as of 2024—Syntec Optics remains positioned at the forefront of the modern optical revolution.

For more information, visit syntecoptics.com.

Forward-Looking Statements

This press release contains certain "forward-looking statements" within the meaning of the United States Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933, as amended (the "Securities Act") and Section 21E of the Securities Exchange Act of 1934, as amended. All statements other than statements of historical fact contained in this press release, including statements as to the intended use of net proceeds from the public offering, are forward-looking statements. Some of these forward-looking statements can be identified by the use of forward-looking words, including "may," "should," "expect," "intend," "will," "estimate," "anticipate," "believe," "predict," "plan," "targets," "projects," "could," "would," "continue," "forecast" or the negatives of these terms or variations of them or similar expressions. All forward-looking statements are subject to risks, uncertainties, and other factors (some of which are beyond the control of Syntec Optics), which could cause actual results to differ materially from those expressed or implied by such forward-looking statements. All forward-looking statements are based upon estimates, forecasts and assumptions that, while considered reasonable by Syntec Optics and its management, as the case may be, are inherently uncertain and many factors may cause the actual results to differ materially from current expectations which include, but are not limited to: 1) risk outlined in any prior SEC filings; 2) ability of Syntec Optics to successfully increase market penetration into its target markets; 3) the addressable markets that Syntec Optics intends to target do not grow as expected; 4) the loss of any key executives; 5) the loss of any relationships with key suppliers including suppliers abroad; 6) the loss of any relationships with key customers; 7) the inability to protect Syntec Optics' patents and other intellectual property; 8) the failure to successfully execute manufacturing of announced products in a timely manner or at all, or to scale to mass production; 9) costs related to any further business combination; 10) changes in applicable laws or regulations; 11) the possibility that Syntec Optics may be adversely affected by other economic, business and/or competitive factors; 12) Syntec Optics' estimates of its growth and projected financial results for the future and meeting or satisfying the underlying assumptions with respect thereto; 13) the impact of any pandemic, including any mutations or variants thereof and the Russian/Ukrainian or Israeli conflict, and any resulting effect on business and financial conditions; 14) inability to complete any investments or borrowings in connection with any organic or inorganic growth; 15) the potential for events or circumstances that result in Syntec Optics' failure to timely achieve the anticipated benefits of Syntec Optics' customer arrangements; and 16) other risks and uncertainties set forth in the sections entitled "Risk Factors" and "Cautionary Note Regarding Forward-Looking Statements" in prior SEC filings. These filings identify and address other important risks and uncertainties that could cause actual events and results to differ materially from those contained in the forward-looking statements. Nothing in this press release should be regarded as a representation by any person that the forward-looking statements set forth herein will be achieved or that any of the contemplated results of such forward-looking statements will be achieved. You should not place undue reliance on forward-looking statements, which speak only as of the date they are made. Syntec Optics does not give any assurance that Syntec Optics will achieve its expected results. Syntec Optics does not undertake any duty to update these forward-looking statements except as otherwise required by law.

For further information, please contact:

Investor Relations

InvestorRelations@syntecoptics.com 

SOURCE: Syntec Optics Holdings, Inc. (Nasdaq: OPTX)

FAQ

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What production orders did Syntec Optics receive for Artemis III?

Syntec Optics announced recurring production orders for products used inside actuators in NASA’s Artemis III rockets. Those actuators help keep rocket engines on trajectory.

How did the Artemis III orders affect Syntec Optics’ space backlog?

Syntec Optics reported a 10% increase in its space technology backlog. The company also said the evolving Artemis III mission strategy is establishing years of recurring orders.