Precision Optics received a $678,000 order to develop a high-resolution borescope for jet engine inspections.
Quiver AI Summary
Precision Optics Corporation, Inc. (NASDAQ: POCI), a top designer and manufacturer of optical instruments for medical and defense/aerospace applications, has announced it received a $678,000 product development order from a major aerospace and defense company to create a next-generation borescope system for jet engine inspection. This innovative borescope will feature high-definition resolution and be designed to operate under extreme conditions within jet engines. CEO Joe Forkey expressed satisfaction in winning the order, highlighting the company's capabilities in delivering comprehensive optical and engineering solutions that meet rigorous market demands. This contract not only confirms Precision Optics' growing presence in the aerospace sector but also showcases its track record of successful product development and evaluation processes, positioning the company for future opportunities in this field.
Potential Positives
- The receipt of a $678,000 development order for a next generation borescope system demonstrates Precision Optics Corporation's ability to secure significant contracts with major aerospace and defense companies.
- The development of advanced optical instruments specifically designed for jet engine inspection showcases the company's innovation and capacity to meet demanding industry standards.
- This contract win serves as a validation of Precision Optics's competitive edge and expertise in the Defense and Aerospace sectors, potentially leading to further opportunities in these markets.
- The company's comprehensive capabilities in optical design, mechanical engineering, and integrated electronic systems are highlighted, which enhances its market position and attractiveness as a supplier.
Potential Negatives
- The press release lacks specific details regarding the potential risks involved in the new product development, which could leave stakeholders uncertain about the project's viability.
- While the order is an achievement, the reliance on a single aerospace and defense company for significant revenue raises concerns about customer diversification and financial stability.
- The statement about being evaluated against three other suppliers might highlight competitive pressures and raises questions about the company's market position relative to its peers.
FAQ
What is the new product development order announced by Precision Optics?
Precision Optics received a development order to create a next-generation borescope system for inspecting jet engines.
What are the features of the high-end borescope system?
The borescope will deliver greater-than-1080p HD resolution and is designed for extreme environments found in jet engines.
Who awarded the development order to Precision Optics?
A large aerospace and defense company awarded the order after an extensive supplier evaluation process.
What distinguishes Precision Optics in the optical instruments market?
Their ability to deliver complete image train solutions from optical design to integrated systems sets them apart.
What industries does Precision Optics primarily serve?
Precision Optics serves the medical and defense/aerospace industries, focusing on advanced optical instruments.
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
$POCI Hedge Fund Activity
We have seen 6 institutional investors add shares of $POCI stock to their portfolio, and 4 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- UBS GROUP AG added 38,225 shares (+2350.9%) to their portfolio in Q2 2025, for an estimated $187,302
- MORGAN STANLEY added 38,026 shares (+92.6%) to their portfolio in Q2 2025, for an estimated $186,327
- WEALTHTRUST AXIOM LLC removed 4,778 shares (-1.9%) from their portfolio in Q2 2025, for an estimated $23,412
- BLACKROCK, INC. added 3,264 shares (+29.0%) to their portfolio in Q2 2025, for an estimated $15,993
- RAYMOND JAMES FINANCIAL INC added 666 shares (+inf%) to their portfolio in Q2 2025, for an estimated $3,263
- GEODE CAPITAL MANAGEMENT, LLC removed 151 shares (-0.3%) from their portfolio in Q2 2025, for an estimated $739
- TOWER RESEARCH CAPITAL LLC (TRC) added 35 shares (+11.8%) to their portfolio in Q2 2025, for an estimated $171
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Full Release
GARDNER, Mass., Nov. 11, 2025 (GLOBE NEWSWIRE) -- Precision Optics Corporation, Inc. (NASDAQ: POCI), a leading designer and manufacturer of advanced optical instruments for the medical and defense/aerospace industries, today announced the receipt of a product development order to design and build a next generation borescope system to be used to inspect the inside of jet engines from a large aerospace and defense company.
The system involves the development of a high-end, small-diameter borescope designed in multiple configurations to measure critical components inside jet engines in the field. It will deliver greater-than-1080p HD resolution performance and is engineered to withstand the extreme environmental conditions found within advanced jet engines.
The initial $678,000 development order was received following an extensive assessment by the customer including an onsite supplier evaluation day where POC was evaluated against three other potential supplier finalists.
“We are extremely pleased to have been awarded this important order for a high-end borescope used in jet engine inspection,” commented Joe Forkey, CEO of Precision Optics. “This win represents another strong validation of the growing opportunities we are seeing across the Defense and Aerospace sectors. Our ability to deliver the entire image train—from advanced optical design to precision mechanical engineering and fully integrated electronic systems—continues to differentiate us in a market that demands uncompromising performance and reliability.”
“We believe that our proven capabilities, demonstrated through the Unity platform and a series of successful products already deployed, played a meaningful role in securing this order. Our team passed through a rigorous and highly competitive supplier evaluation process, and we are proud to have emerged as the chosen partner. This achievement reflects the dedication, expertise, and innovation of POC, and positions us well for additional opportunities in the future.”
About Precision Optics Corporation
Founded in 1982, Precision Optics is a vertically integrated optics company primarily focused on leveraging its proprietary micro-optics, 3D imaging and digital imaging technologies to the healthcare and defense/aerospace industries by providing services ranging from new product concept through mass manufacture. Utilizing its leading-edge in-house design, prototype, regulatory and fabrication capabilities as well as its Ross Optical division's high volume world-wide sourcing, inspecting and production resources, the Company is able to design and manufacture next-generation product solutions to the most challenging customer requirements. Within healthcare, Precision Optics enables next generation medical device companies around the world to meet the increasing demands of the surgical community who require more enhanced and smaller imaging systems for minimally invasive surgery as well as 3D endoscopy systems to support the rapid proliferation of surgical robotic systems. In addition to these next generation applications, Precision Optics has supplied top tier medical device companies a wide variety of optical products for decades, including complex endocouplers and specialized endoscopes. The Company is also leveraging its technical proficiency in micro-optics to enable leading edge defense/aerospace applications which require the highest quality standards and the optimization of size, weight and power. For more information, please visit
www.poci.com
.
About Forward-Looking Statements
This press release contains forward-looking statements within the meaning of U.S. federal securities laws. Any statements contained herein that are not statements of historical fact may be deemed to be forward-looking statements. In addition, any statements that refer to projections, forecasts, or other characterizations of future events or circumstances, including any underlying assumptions, are forward-looking statements. The words "anticipate," "believe," "continue," "could," "estimate," "expect," "intends," "may," "might," "plan," "possible," "potential," "predict," "project," "should," "would" and similar expressions may identify forward-looking statements, but the absence of these words does not mean that a statement is not forward-looking. The forward-looking statements contained in this press release are based on certain assumptions and analyses made by the management of the Company in light of their respective experience and perception of historical trends, current conditions, and expected future developments and their potential effects on the Company as well as other factors they believe are appropriate in the circumstances. There can be no assurance that future developments affecting the Company will be those anticipated. These forward-looking statements involve a number of risks, uncertainties (some of which are beyond the control of the parties), or other assumptions that may cause actual results or performance to be materially different from those expressed or implied by these forward-looking statements, including risks that the closing conditions for this offering will not be achieved, the demand for the Company's products, global supply chains and economic activity in general and other risks and uncertainties identified in the Company's filings with the SEC. Should one or more of these risks or uncertainties materialize or should any of the assumptions being made prove incorrect, actual results may vary in material respects from those projected in these forward-looking statements. We undertake no obligation to update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise, except as may be required under applicable securities laws.
Company Contact:
PRECISION OPTICS CORPORATION
22 East Broadway
Gardner, Massachusetts 01440-3338
Telephone: 978-630-1800
Investor Contact:
LYTHAM PARTNERS, LLC
Robert Blum
Telephone: 602-889-9700
[email protected]