Precision Optics Corporation, Inc. has made a significant move by entering into a new lease agreement for its manufacturing facility located at 22-28 East Broadway, Gardner, Massachusetts. This agreement, effective from July 1, 2026, marks a strategic commitment to its operations in the electromedical and electrotherapeutic apparatus industry.

The lease covers approximately 12,292 rentable square feet and is set for a one-year term, with options to extend for additional one-year periods. The monthly rent starts at $13,316.33 until the end of 2026, increasing to $13,715.82 in 2027, with subsequent annual increases of 3% thereafter.

Precision Optics Corporation specializes in the design and manufacturing of optical components for advanced medical, industrial, aerospace, and military applications. The new lease underscores the company's ongoing commitment to its operational base and its role within the industry.

In addition to base rent, Precision Optics will be responsible for personal property taxes, while the landlord will handle real estate taxes and assessments. The lease's permitted use aligns with the company's focus on high-tech applications, indicating a forward-looking approach in a competitive market.

The lease agreement was filed on October 30, 2026, and is part of the company's ongoing efforts to solidify its operational framework. The full text of the lease can be found in Exhibit 10.1 of the filing.

As Precision Optics Corporation continues to navigate the evolving landscape of the electromedical sector, this lease agreement may set a precedent for similar companies in the industry.