---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-24-003550"
form_type: "8-K"
ticker: "OPXS"
cik: "0001397016"
company_name: "Optex Systems Holdings Inc"
filed_at: "2024-01-24T23:59:59+00:00"
generated_at: "2026-06-06T19:10:19.476200+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Optex Systems acquires Speedtracker Mach product line for $1M cash plus milestone payments

## Summary
- Acquired Speedtracker Mach IP and marketing info from RUB for $1M upfront, with potential milestone payments.
- RUB will continue manufacturing Speedtracker Mach under a one-year contract manufacturing agreement, renewable annually.
- Speedtracker is a radar-based chronograph for projectile speed detection; launched Aug 2022, thousands of units in field.
- CEO Schoening sees Speedtracker as a game-changer for shooter accuracy, expects enhanced distribution and growth.

## SEC filing metadata
- accession: 0001493152-24-003550
- form_type: 8-K
- ticker: OPXS
- cik: 0001397016
- company_name: Optex Systems Holdings Inc
- filed_at: 2024-01-24T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 1.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1397016/000149315224003550/0001493152-24-003550-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1397016/000149315224003550/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-24-003550
- JSON: https://secwatch.observer/filing/0001493152-24-003550.json
- Plain text: https://secwatch.observer/filing/0001493152-24-003550.txt

## Key facts
- Material Agreements
  Optex Systems Holdings Inc entered into Asset Purchase Agreement with RUB Aluminium s.r.o. valued at $1 million cash at closing, with potential additional milestone payments (effective 2024-01-18).
  - Action: entry
  - Agreement: asset purchase
  - Counterparty: RUB Aluminium s.r.o.
  - Value: $1 million cash at closing, with potential additional milestone payments
  - Effective: 2024-01-18
  source text: On January 18, 2024, Optex Systems Holdings, Inc., through its wholly-owned subsidiary Optex Systems, Inc. (collectively, the “Company”), entered into an asset purchase agreement and a contract manufacturing agreement with RUB Aluminium s.r.o. (“RUB”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1397016/000149315224003550/0001493152-24-003550-index.htm
- Material Agreements
  Optex Systems Holdings Inc entered into Contract Manufacturing Agreement with RUB Aluminium s.r.o. valued at Initial one-year term, subject to mutual renewal; RUB to manufacture Speedtracker Mach products on b (effective 2024-01-18).
  - Action: entry
  - Agreement: supply
  - Counterparty: RUB Aluminium s.r.o.
  - Value: Initial one-year term, subject to mutual renewal; RUB to manufacture Speedtracker Mach products on b
  - Effective: 2024-01-18
  source text: On January 18, 2024, Optex Systems Holdings, Inc., through its wholly-owned subsidiary Optex Systems, Inc. (collectively, the “Company”), entered into an asset purchase agreement and a contract manufacturing agreement with RUB Aluminium s.r.o. (“RUB”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1397016/000149315224003550/0001493152-24-003550-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.