Precision Optics designs and manufactures micro-optics and advanced optical imaging systems for the medical device, aerospace, and defense industries. In medical devices, Precision Optics develops single-use miniaturized endoscopes and optical assemblies for minimally invasive surgical procedures, combining proprietary micro-lens technology with digital sensors. In aerospace and defense, Precision Optics builds compact optical assemblies for satellite communications and defense applications. The company also operates Ross Optical, which sources custom optical components and provides thin-film coating services. Precision Optics operates as a business-to-business supplier, selling directly to medical device manufacturers and defense contractors rather than end users. Its business model relies on two linked stages: initial fee-for-service engineering contracts to design, prototype, and qualify custom systems, followed by long-term production manufacturing contracts. The company's strategy focuses on scaling production volume, increasing manufacturing yields on existing programs, and converting development pipeline projects into recurring manufacturing contracts.