It is part of Shvabe Holding of Rostec,[1] a Russian state-owned defense conglomerate.

The Zagorsk Optical-Mechanical Plant is a producer of pyrotechnics[2] and precision optical equipment for the military, such as active infrared night vision devices and binoculars.

[5] After the blast, the governor in the region claimed that the factory was actually mainly manufacturing "pyrotechnics".

Russian state media blamed a nearby fireworks company, Piro Ross, for the incident.

[6] Forbes later considered the plant's explosion a possible contributor to delays in Russia's ZALA Lancet drone production.