Precision Optics

What Precision Optics does

Precision Optics Corporation (NASDAQ: POCI), founded in 1982 and headquartered in Littleton, Massachusetts, is a vertically integrated designer and manufacturer of micro-precision optical components and complete optical imaging systems. The company produces sub-millimeter optical components including ground and polished micro lenses (down to 0.37 mm diameter), micro prisms (down to 0.10 mm), micro assemblies, and CMOS-based distal-end endoscopic imaging modules incorporating OmniVision sensors. Its proprietary Micro-Precision technology and 35+ years of optical design know-how are the technical foundation. The company also offers design services including robotics optics design, fiber optic assemblies, illumination systems, contract manufacturing with FDA-registered cleanroom facilities, and endoscope testing equipment (EndoScan, Endolume, EndoLume, L700 LED Light Source) through its wholly-owned Ross Optical and Lighthouse Imaging divisions.

The company serves two primary verticals: medical device OEMs developing minimally invasive surgical visualization products (robotic surgery systems, single-use endoscopes, specialty scopes for cardiac, neuro, ENT, and ophthalmic applications) and defense/aerospace customers requiring micro-optics for night vision, augmented reality headsets, borescopes, and other mission-critical systems. Named customers and partners include Intuitive Surgical (da Vinci robotic surgery), CardioFocus (Heartlight X3 atrial fibrillation system), OmniVision (CMOS sensor partnership), and the U.S. Department of Defense. The company's revenue model combines three streams: custom NRE-based product development agreements, volume production manufacturing for OEM partners with 12-15 month fulfillment cycles, and catalog/standard product sales. Unity Imaging Platform, launched in January 2025, represents a strategic shift toward a reusable modular platform with pre-engineered imaging trains.

Precision Optics is publicly traded with a $100M post-money valuation following a March 2026 upsized $10M offering. FY2026 revenue guidance is $29-31M (52-62% growth over FY2025), driven by single-use cystoscope and aerospace programs. The company carries an accumulated deficit of approximately $48.2M and a history of operating losses, and is investing capital raised through multiple recent equity offerings to expand facilities, scale production, and convert an emerging defense/aerospace backlog into sustained volume.

Name

Precision Optics

Legal name

Precision Optics Corporation, Inc.

Website

https://poci.com

Company type

Public

Founded year

1982

Operating status

Operating

Headcount range

11–50 employees

Short description

Precision Optics Corporation (NASDAQ: POCI) is a vertically integrated designer and manufacturer of sub-millimeter optical components and complete imaging systems, serving medical device OEMs (robotic surgery, single-use endoscopes) and defense/aerospace customers with micro-precision lenses, prisms, and CMOS-based endoscopy modules.

Ownership category

akta.pro rank

Product category

Micro-precision optical components and imaging systems

NAICS

Surgical and Medical Instrument Manufacturing (339112), Navigational, Measuring, Electromedical, and Control Instruments Manufacturing (3345), Surgical Appliance and Supplies Manufacturing (339113)

SIC

Optical Instruments & Lenses (3827), Surgical & Medical Instruments & Apparatus (3841)

akta.pro primary industry

Machine Vision & Optical Sensing (Cameras, 3D vision, LiDAR, illumination) (IMAGAFAB)

akta.pro secondary industry

Optoelectronic Components (LEDs, photodiodes, optocouplers, optical sensors) (IMAGAJAF)

Keywords

• Micro-precision optics
• Medical endoscopes
• Optical contract manufacturing
• Defense aerospace optics
• CMOS imaging modules

Headquarters

HQ city

Gardner

HQ country

United States

HQ region

North America

Offices4 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Personnel, Operations, Technology or R&D, Marketing or Sales, Supply Chain, Infrastructure

Revenue model

1. Custom Optical Device Development: Product development agreements and engineering services for custom optical systems including borescopes, augmented reality subsystems, and specialized endoscopes. Revenue recognized from NRE (non-recurring engineering) fees and prototype development.
2. Production Manufacturing: Volume production of optical components, sub-assemblies, and complete visualization systems for medical device OEM partners. Includes single-use endoscopic products transitioning from launch to sustained production phase. Revenue from unit-based production orders with typical 12-15 month fulfillment cycles.
3. Catalog/Standard Products: Standard catalog optics including right-angle prisms, endocouplers, and micro couplers available for rapid order and delivery. Lower-value, higher-volume component sales through catalog channels.

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels7 records

Core offering

Precision Optics designs and manufactures micro-precision optical components and complete optical imaging systems for medical device OEMs and defense/aerospace customers. Its products include sub-millimeter lenses, prisms, and assemblies, micro and CMOS endoscopes, imaging couplers, illumination systems, endoscope testing equipment, and the modular Unity Imaging Platform. The company also provides custom optical design, prototyping, and contract manufacturing services in an FDA-registered, ISO 13485-certified, ITAR-registered U.S. facility.

Product overview

Precision Optics Corporation is a vertically integrated optics company offering design, prototyping, and manufacturing of optical components and systems. The company operates through distinct product categories: Micro-Optics (including Micro Lenses as small as 0.37 mm, Micro Prisms as small as 0.10 mm, and Micro Assemblies), Endoscopes (including Micro Endoscopes, CMOS Endoscopes using OmniVision sensors, Camera Manufacturing, Imaging Couplers, and Micro Couplers), Design for Manufacturing services (Contract Manufacturing, Design & Prototype, Robotics Optics Design, Fiber Optic Assemblies, Illumination Systems, Scope Design, and Prism Design), and the Unity Imaging Platform. Additional offerings include testing equipment (EndoScan, Endolume, EndoLume, L700 LED Light Source). The company serves Medical Device and Defense & Aerospace markets through divisions including Ross Optical (El Paso, TX) and Lighthouse Imaging (South Portland, ME). Founded in 1982, the company leverages proprietary micro-precision technology to produce components for minimally invasive surgery, robotic surgery, and defense applications.

Differentiator

Problem solved

Functional benefit

Brands

• Unity: A modular imaging platform that simplifies development from prototyping to production, offering configurable imaging technology for medical device developers.
• Ross Optical
• Micro Precision
• Lighthouse Optics

Products and services

• Micro-Optics Custom micro-precision optical components including lenses as small as 0.37 mm and prisms as small as 0.10 mm, manufactured for medical device and defense applications using proprietary processes.
• Micro Lenses Ground and polished micro lenses with diameters as small as 0.37 mm, designed for CMOS and fiber bundle applications in medical procedures and defense systems.
• Micro Prisms Micro prisms as small as 0.10 mm available in right-angle, dove, and penta configurations, with complex multi-element assemblies for defense programs.
• Micro Assemblies

Quantifiable outcome

• 108% year-over-year revenue growth in Q3 FY2026
• +3 more outcomes

Named customers5 records

Segments2 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature5 records

Partnerships

Five partnerships are on record, tiered core and major.

• OmniVision Technologies, Inc.coreTechnology or IntegrationStrategic partnership for CMOS image sensors in medical endoscopic applications. Collaborated on development of OV6946 (160K pixel, 1.6mm diameter) and OV6948 (40K pixel, 1.0mm diameter) ultra-small image sensors specifically designed for medical endoscopy. POC develops and fabricates micro-precision lens systems for these sensors. Joint marketing through Unity Imaging Platform.
• CardioFocuscoreStrategic or Co-development PartnerLong-term partnership from design through prototyping, clinical trials, and production for Heartlight X3 endoscopic system used in atrial fibrillation treatment. POC achieved 500-micron diameter endoscope with 110-degree field of view for balloon catheter insertion. Now ramping to multi-year, multi-million dollar production program.
• Intuitive SurgicalcoreStrategic or Co-development PartnerEarly pioneer partner for optical assemblies in da Vinci robotic surgery systems. Contributed to visualization systems for multiple surgical specialties including spine, neuro, cardiac, thoracic, orthopedic, ENT and ophthalmic procedures.
• Lytham PartnersmajorGTM or Marketing PartnerInvestor relations partnership for conference presentations, earnings calls, and investor communications. Manages Spring and Fall investor conferences where POC presents. Provides webcast hosting and one-on-one meeting facilitation with institutional investors.
• Ross OpticalcoreStrategic or Co-development PartnerAcquired in 2019, Ross Optical operates as a division specializing in optical component manufacturing and inspection. Provides inspection capabilities for lenses 3mm to 150mm, coating services, cemented doublets, and complex sub-assemblies. Strengthens POC's ability to deliver from initial design through final production.

Scale indicators10 records

Recent moves7 records

Expansion highlights5 records

Direct peers

• Edmund Optics: Major global supplier of optical components including lenses, prisms, and assemblies. Directly comparable to POC's catalog and custom optical components business, though Edmund serves a broader industrial customer base and lacks POC's micro-precision (sub-millimeter) specialization.
• Thorlabs: Vertically integrated photonics manufacturer producing optical components, lenses, prisms, and imaging systems. Comparable to POC in offering custom optical assemblies and OEM manufacturing services, with significantly broader product breadth across research and industrial markets.
• Jenoptik: German photonics company producing optical components, laser systems, and imaging solutions for medical, semiconductor, and defense markets. Directly comparable in custom optical assemblies and OEM manufacturing, with comparable size and similar customer mix.
• Excelitas Technologies: Photonics technology manufacturer producing optical components, sensors, and imaging systems for medical, industrial, and defense markets. Comparable in defense optics, optical sensing, and custom imaging solutions with similar B2B OEM business model.
• Rochester Precision Optics: US-based precision optics manufacturer producing custom lenses, assemblies, and optical systems for medical, defense, and industrial applications. Highly comparable as a small-to-mid precision optics OEM serving similar end markets with similar capabilities.

Broad incumbents

• KARL STORZ: Established endoscope and visualization system manufacturer for medical and industrial applications. Comparable in the medical endoscopy end market and could be both a customer and competitor to POC for optical subassemblies in rigid and flexible endoscopes.
• Olympus (Medical Systems): Dominant player in medical endoscopy with full endoscope product lines. Comparable in the surgical visualization market, though Olympus is a finished device OEM rather than a component supplier; also a potential customer for specialized optical subassemblies.
• Stryker: Medical device manufacturer with significant endoscopy and visualization offerings. Comparable end market exposure in surgical visualization, particularly in orthopedic and spine applications where POC's robotic surgery optics are designed.
• Hoya Corporation: Japanese manufacturer of optical glass, lenses, and medical endoscopes. Comparable across both optical component manufacturing and medical endoscopy end markets, though Hoya operates at much larger scale with broader product portfolio.

Others

• Intuitive Surgical: Robotic surgery platform manufacturer (da Vinci systems) that is both a historical POC customer and an adjacent player in the same surgical visualization ecosystem. Included as ecosystem participant given the deep commercial relationship and shared end market.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/precision-optics-corporation

Compliance7 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles9 records

Subsidiaries2 records

Funding overview

Funding rounds7 records

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A1 record

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Precision Optics