About Precision Optics
Precision Optics is a company based in Gardner (United States) founded in 1982.. The company has 84 employees as of June 30, 2024. Precision Optics has completed 1 acquisition, including Lighthouse Imaging. Precision Optics offers products and services including Endoscopes, Micro Lenses, Micro Prisms, CMOS Endoscopes, and Contract Manufacturing. Precision Optics operates in a competitive market with competitors including Innoviz, LeddarTech, UTStar, Sick and Prisma Photonics, among others.
- Headquarter Gardner, United States
- Employees 84 as on 30 Jun, 2024
- Stage Public
-
Sectors
Technology
-
Phone
*********
-
Website
*********
-
Social
*********
- Legal Name Precision Optics Corporation, Inc.
-
Annual Revenue
$19.1 M-9.22as on Jun 30, 2024
-
Net Profit
$-2.95 M-1940.88as on Jun 30, 2024
-
EBITDA
$-2.51 M-487.16as on Jun 30, 2024
-
Latest Funding Round
$250 K (USD), Post-IPO
Apr 14, 2020
-
Investors
-
Employee Count
84
as on Jun 30, 2024
- Investments & Acquisitions
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
IPO & Listings of Precision Optics
Precision Optics is a publicly listed company on the NASDAQ with ticker symbol POCI in USA, operating in the Health technology sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
Products & Services of Precision Optics
Precision Optics offers a comprehensive portfolio of products and services, including Endoscopes, Micro Lenses, Micro Prisms, CMOS Endoscopes, and Contract Manufacturing. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Devices for minimally invasive procedures using micro-optics.
Custom lenses down to 0.37 mm for precision applications.
Small prisms for optical assemblies in various systems.
Endoscopes with CMOS cameras for medical imaging needs.
Design and prototyping services for optical systems.
Unlock access to complete
Funding Insights of Precision Optics
- Total Funding Total Funding
- Total Rounds 7
- Last Round Post-IPO — $250,000
-
First Round
First Round
(12 Oct 2012)
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Apr, 2020 | Amount | Post-IPO - Precision Optics | Valuation |
investors |
|
| Oct, 2018 | Amount | Post-IPO - Precision Optics | Valuation |
investors |
|
| Aug, 2017 | Amount | Post-IPO - Precision Optics | Valuation |
investors |
|
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investments & Acquisitions by Precision Optics
Precision Optics has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Lighthouse Imaging. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Bionic investment advisor platform
|
2016 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Medical optics and digital imaging systems are manufactured.
|
1984 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
OVO is recognized as a smart digital payment application.
|
2017 | ||||
|
Bionic investment advisor platform
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 |
Financial Statements - Precision Optics
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Precision Optics Comparisons
Competitors of Precision Optics
Precision Optics operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Innoviz, LeddarTech, UTStar, Sick and Prisma Photonics, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Developer of solid-state LiDAR sensors and perception software for autonomous vehicles
|
|
| domain | founded_year | HQ Location |
Developer of raw data fusion and perception software for automotive ADAS/AD
|
|
| domain | founded_year | HQ Location |
Enterprise networking management solutions provider
|
|
| domain | founded_year | HQ Location |
Sensors are manufactured for industrial monitoring and automation applications.
|
|
| domain | founded_year | HQ Location |
Optical fibre sensors are provided for infrastructure monitoring.
|
|
| domain | founded_year | HQ Location |
Provider of IoT sensors
|
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
|
|
| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
|
|
| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
|
|
| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
|
Latest news on Precision Optics
Frequently Asked Questions about Precision Optics
When was Precision Optics founded?
Precision Optics was founded in 1982 and raised its 1st funding round 30 years after it was founded.
Where is Precision Optics located?
Precision Optics is headquartered in Gardner, United States. It is registered at Gardner, Massachusetts, United States.
Who is the current CEO of Precision Optics?
Joseph Forkey is the current CEO of Precision Optics.
How many employees does Precision Optics have?
As of Jun 30, 2024, the latest employee count at Precision Optics is 84.
What is the annual revenue of Precision Optics?
Annual revenue of Precision Optics is $19.1M as on Jun 30, 2024.
What does Precision Optics do?
Precision Optics was established in 1982 in Gardner, United States, focusing on optical systems for the medical, biomedical, aerospace, and defense sectors. Micro lenses, micro prisms, and other components are manufactured for integration into these systems. Operations emphasize precision engineering for industrial applications, with services extending to custom optical solutions across various industries.
Who are the top competitors of Precision Optics?
Precision Optics's top competitors include Innoviz, Sick and LeddarTech.
What products or services does Precision Optics offer?
Precision Optics offers Endoscopes, Micro Lenses, Micro Prisms, CMOS Endoscopes, and Contract Manufacturing.
Is Precision Optics publicly traded?
Yes, Precision Optics is publicly traded on NASDAQ under the ticker symbol POCI.
How many acquisitions has Precision Optics made?
Precision Optics has made 1 acquisition, including Lighthouse Imaging.
What is Precision Optics's ticker symbol?
The ticker symbol of Precision Optics is POCI on NASDAQ.
Book a demo & talk to our team
Share a few details and we’ll reach out to schedule a session.