Precision Optics Lands $3.5M Follow-On Order for Single-Use Ophthalmic Endoscope
Precision Optics secured a $3.5 million follow-on production order from a global medical device company for its single-use ophthalmic endoscope, with shipments over the next 12 to 15 months. This marks the program’s transition from initial stocking to sustained production phase, underscoring the company’s growing foothold in single-use endoscopy.
1. Order Details
Precision Optics received a follow-on production order of approximately $3.5 million from a large global medical device company for its single-use ophthalmic endoscope. This order builds on the initial production award from November 2024 and is intended to support the customer’s transition from a limited to a full product launch.
2. Production Timeline
Shipments under the $3.5 million order are slated to commence shortly and will be fulfilled over a 12 to 15 month period. This multi-quarter delivery schedule reflects a ramp-up from initial stocking volumes to a sustained production cadence.
3. Strategic Significance
This single-use ophthalmic program represents Precision Optics’ second product to enter full production, highlighting the company’s expanding role in single-use endoscopy. The endoscope is designed to replace a decade-old reusable system, offering improved image quality and single-use functionality to capture market share in ophthalmic procedures.