Precision Optics Announces Receipt of $1.26 Million Follow On Production Order from Large Defense Company

April 25, 2024

https://www.globenewswire.com/news-release/2024/04/25/2869687/34800/en/Precision-Optics-Announces-Receipt-of-1-26-Million-Follow-On-Production-Order-from-Large-Defense-Company.html

GARDNER, Mass., April 25, 2024 (GLOBE NEWSWIRE) — Precision Optics Corporation, Inc. (NASDAQ:POCI), a leading designer and manufacturer of advanced optical instruments for the medical and defense industries, today announced the receipt of a follow-on production order totaling approximately $1.25 million from a major U.S. defense contractor, to meet continued demand for a highly complex optical assembly developed by Precision Optics. Approximately half of the order is expected to be delivered in the next 6 months, with the remainder to be delivered over the following 6 to 12 months.

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