**About the business**
$OPTX designs and manufactures **advanced optical and sensing systems** used for perception, targeting, and situational awareness across **defense, aerospace, and commercial applications**. The company has a **vertically integrated, U.S.-based production** and is expanding its technology into areas like **soldier vision systems** and **space-based optical** platforms.
**Key commercial segments**
* **Defense:** One of OPTX's **key customers** is **Anduril** for its Eagle Eye product. It is important to note that this has NOT BEEN PUBLICLY ANNOUNCED yet - but retail can (and is) connecting the dots ahead of institutional investors. You can see below in the Exhibit 1/2 images that $OPTX describes its recent order in the exact same way that Anduril describes its product. This is alpha and upside.
* **Space:** OPTX's optics play a key role in **Low Earth Orbit** (LEO) satellites for high-speed internet. While customers are not confirmed here, satellite producers are rapidly scaling deployment and launch of their satellites with real government and regulatory tailwinds (e.g., Golden Dome, direct-to-device, IoT connectivity via satellite).
* **Med Tech:** Used in minimally invasive surgeries that require high quality optics
**Company shares outstanding (important) + CEO**
$OPTX only has \~36.9M shares outstanding. The owner has ties to MIT's photonics lab. He also **owns more than eighty percent of company shares** making the tradeable float quite small. Additionally, he only takes a \~$45K salary from the company (read as: he is hyper aligned to shareholders) and is speaking at a conference coming up this March.
**How I'm playing it (NFA)**
Company ticker is $OPTX. It is less known that as a de-SPAC, the company also has warrants available under **$OPTXW**. The warrants are a way to capture additional upside if the stock were to continue to grow, and have a long life ahead of them (Nov 2028 expiry). This is how I am choosing to play the name, especially since we are still early in this stock.
**Exhibit 1**
[Anduril Eagle Eye Description](https://preview.redd.it/dyv1zeisocgg1.png?width=1200&format=png&auto=webp&s=ff8d852eaafa90076acb33e47b9b6fd7a621f772)
**Exhibit 2**
[$OPTX contract win description](https://preview.redd.it/mo1sfvlvocgg1.png?width=900&format=png&auto=webp&s=a66fce6cd3d873c59de1e70157772903112e28ea)