Precision Optics shares rise 13.98% intraday after securing $678K jet engine borescope development order.

Precision Optics surged 13.98% intraday following the announcement of two significant product development contracts. The company secured a $678,000 order to design a high-resolution borescope for jet engine inspection, selected after a competitive evaluation against three finalists. Additionally, it received a $723,000 contract to develop a compact optical subcomponent for an advanced AR system supporting U.S. Air Force pilot training. Both awards highlight POCI’s technical capabilities in defense/aerospace optics, with the CEO emphasizing the contracts as validation of its engineering expertise and a pathway to future opportunities. The intraday rally reflects investor confidence in the firm’s growing relevance in high-margin, mission-critical applications, with the dual orders underscoring its differentiation in a sector demanding precision and reliability.