
GEMXX Corporation Reports a Stellar $1,051,374 for January Retail Product Deliveries
February 13, 2024
Danny Schoening, CEO of Optex Systems (OPXS), shares insights on the company’s strong 76% growth in 2024, fueled by their advanced laser protection technology and deep integration with the U.S. Department of Defense and major defense primes like General Dynamics and Lockheed Martin. Optex leads the market with proprietary optical films that protect soldiers’ eyes and sensitive sensors on armored vehicles and advanced weapon systems. With a $46 million backlog and expanding applications into infrared filtering and sighting systems, Optex is positioned for continued growth. The company benefits from high barriers to entry, long contract cycles, and strong partnerships, including Nightforce Optics. Looking ahead, Optex plans to leverage its Dallas-Fort Worth location’s tech talent and expand internationally while maintaining a focus on innovation and supply chain resilience.