Precision Optics Reveals Growth Strategy at Planet MicroCap Showcase 2025
Precision Optics Reveals Growth Strategy at Planet MicroCap Showcase 2025

Precision Optics Reveals Growth Strategy at Planet MicroCap Showcase 2025

News summary

Precision Optics Corporation, a developer of advanced optical instruments for medical and defense/aerospace industries, announced its participation in the Planet MicroCap Showcase: VEGAS 2025, with CEO Dr. Joe Forkey leading the presentation on April 23, 2025. During the event, Forkey outlined the company’s strategy, noting a temporary plateau in revenue for fiscal year 2025 but emphasizing that two new programs entering production are expected to generate future growth. The company is leveraging its proprietary technologies and the Unity platform to standardize designs, reduce costs, and accelerate development, aiming for two to three new programs in production annually. Precision Optics is also expanding its manufacturing capabilities, with plans to double or triple production rates and recent financing expected to push the company comfortably beyond breakeven. Single-use endoscopy, a key market segment, is experiencing robust growth compared to general endoscopy. The showcase also provides opportunities for one-on-one meetings between investors and company management to discuss strategy and innovation.

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