Headquartered in Orlando, FL Fiscal year ends June NASDAQ: LPTH lightpath.com
LightPath Technologies, Inc. (NASDAQ: LPTH) is a vertically integrated supplier of optics and imaging systems for defense and commercial customers, with in-house engineering design support.
**Products**
- Proprietary BlackDiamond chalcogenide-based glass materials, sold under an exclusive license from the U.S. Naval Research Laboratory and positioned as germanium alternatives.
- Infrared and visible optical components.
- Complete infrared optical systems, thermal imaging assemblies and cameras.
**Reporting groups**
Revenue is reported across Infrared Components, Visible Components, Assemblies & Modules, and Engineering Services. Assemblies & Modules accounted for 51% of revenue in the September 2026 quarter.
**Subsidiaries and acquisitions**
- G5 Infrared supplies cameras and modules for surveillance and counter-UAS programs.
- Amorphous Materials was acquired in January 2026 to add infrared materials capability.
**Customers and programs**
The company serves defense primes, counter-UAS and drone system suppliers, global technology customers, industrial customers and distributors. It holds a funded prototype agreement under the Department of War's CLEAR program.
**Manufacturing footprint**
The primary manufacturing footprint is in Florida, with additional facilities in Texas, New Hampshire and Latvia. The company exited China with the sale of LPOIZ in October 2026. Updated
Backlog jumped $22 million in a single quarter to a record $132.9 million, with $110.8 million requested for delivery inside twelve months, even with revenue missing expectations. Counter-drone orders are now the growth engine, and shipping on schedule is the only constraint.
Pre-Market Stock Futures: Futures are trading higher after a back-and-forth day on Wall Street. The major indices traded all over the place before closing mixed, as the top news of the day…
LightPath Technologies, Inc. (NASDAQ: LPTH) is a vertically integrated supplier of optics and imaging systems for defense and commercial customers, with in-house engineering design support. **Products** - Proprietary BlackDiamond chalcogenide-based glass materials, sold under an exclusive license from the U.S.
The Wall Street consensus 12-month price target for LPTH is $15.12.
