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LightPath Technologies Receives Order for Over 50,000 Optical Assemblies from Key Defense Customer
LightPath Technologies announced it has received an order from a key defense customer for over 50,000 optical assemblies for use in drone camera systems. In accordance with customer confidentiality requirements, the order value and customer identity have not been disclosed. The order comes as the U.S. and its allies rapidly scale up drone procurement. In the U.S. alone, the Department of War's $1.1B Drone Dominance Program is working to field more than 200,000 low-cost drones.
LightPath Technologies Secures Additional $6.3M Order
LightPath Technologies announced it has received an additional $6.3M follow-on purchase order from a leading C-UAS and defense systems supplier for optical assemblies. The order follows the $13M in follow-on purchase orders from the same customer that LightPath announced on July 22, 2026, bringing total awards from the customer to more than $19M since July 1 - double the customer's total orders for the full fiscal year ended June 30, 2026. Under the order, LightPath will continue to provide optical assembly work for the customer's counter-UAS systems.
LightPath Technologies Appoints Michael Amorelli as VP of Engineering, Imaging Systems
LightPath Technologies announced the promotion of Michael Amorelli to VP Engineering, Imaging Systems. Amorelli previously served as engineering manager of the Company's G5 Infrared operations in Hudson, New Hampshire, which LightPath acquired in February 2025. In his expanded role, he will be responsible for all infrared camera and imaging systems product development, including R&D, engineering and program execution across the Company's New Hampshire, Orlando and Texas sites.
LightPath Technologies Awarded Funded Agreement for Optical Materials Development
LightPath Technologies has been awarded a funded prototype agreement under the Critical Low-risk Electro-optic Alternatives for Resilience program. CLEAR is sponsored by the Department of War Advanced Materials Office, established to accelerate the development of domestic alternative optical materials for the electro-optic and infrared systems used in defense surveillance, targeting and situational awareness. Many of these systems rely on germanium, a material for which China is the dominant global supplier and on which it has imposed export controls since 2023. Under the agreement, LightPath will continue to mature BlackDiamond chalcogenide glass materials and optics as germanium alternatives for DoW applications.
LightPath Reports Q4 Revenue of $21.16M, Beating Consensus
Reports Q4 revenue $21.16M, consensus $20.61M. Sam Rubin, president and CEO of LightPath, said: "Fiscal 2026 was a year of transition, rewarding the foundation we've spent years building. As companies continue to onshore their supply chains, and customers increasingly seek to shift away from the China-controlled Germanium market, we believe that we are extremely well positioned to continue our pace of operational execution into fiscal 2027 and beyond."
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