Precision Optics Announces Product Development Agreement to Deliver Next-Generation Augmented Reality Sub-Systems for Fighter Pilots
1. Precision Optics received a $723,000 development order from the US Air Force. 2. The order aims to create AR systems for fighter pilot training. 3. Growth in the AR aviation market is projected at over 20% CAGR by 2030. 4. This project aligns with defense industry's demand for compact optical systems. 5. POCI's technology positions it well for emerging AR market opportunities.