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LightPath Technologies Secures $4.9 Million Order for Infrared Cameras with an Existing Defense Customer
Prnewswire· 2025-05-07 12:31
Core Viewpoint - LightPath Technologies, Inc. announced a $4.9 million follow-on order for infrared camera systems from its subsidiary G5 Infrared, expected to be delivered in the 2026 fiscal year [1][2]. Group 1: Company Overview - LightPath Technologies is a leading provider of next-generation optics and imaging systems for defense and commercial applications [4]. - The company operates as a vertically integrated solutions provider, offering proprietary BlackDiamond™ chalcogenide-based glass materials and complete infrared optical systems [4]. - LightPath has manufacturing facilities in Orlando, Florida, Texas, New Hampshire, Latvia, and China [4]. Group 2: Recent Developments - The order from the defense industry customer is part of G5 Infrared's significant order pipeline, which includes opportunities from both new and existing customers [2]. - G5's reputation for long-range imaging and infrared cooled camera solutions has led to order wins for various applications, including shipboard long-range surveillance and border security [3]. - The acquisition of G5 has provided meaningful scale and opportunities for integration with LightPath's proprietary products, positioning the combined company for continued growth [3].
LightPath Technologies Awarded Initial $2.2 Million IR Camera Order for U.S. Navy Shipboard Optics (SPEIR) Program
Prnewswire· 2025-04-09 12:31
Core Insights - LightPath Technologies has announced a $2.2 million order for infrared cameras from L3Harris Technologies to support the U.S. Navy's Shipboard Panoramic Electro-Optic/Infrared (SPEIR) Program [1] - The SPEIR Program aims to enhance the U.S. Navy's capabilities in anti-ship cruise missile defense and other operational areas [2] - The acquisition of G5 Infrared is expected to significantly enhance LightPath's growth in the $9 billion infrared imaging market [3] Company Overview - LightPath Technologies is a provider of next-generation optics and imaging systems for defense and commercial applications, with a focus on vertically integrated solutions [4] - The company has manufacturing facilities in Orlando, Florida, and additional locations in Texas, New Hampshire, Latvia, and China [4]
LightPath Technologies Announces Participation in Photonics Spectra Infrared Imaging Summit 2025
Prnewswire· 2025-04-03 12:31
LightPath Technologies Plano, TX General Manager Jason Liebert to Present on Wednesday, April 16, 2025 ORLANDO, Fla., April 3, 2025 /PRNewswire/ -- LightPath Technologies, Inc. (NASDAQ: LPTH) ("LightPath," the "Company," or "we"), a leading provider of next-generation optics and imaging systems for both defense and commercial applications, today announced that Jason Liebert – General Manager of the Plano, Texas facility – will present at the virtual Photonics Spectra Infrared Imaging Summit 2025 on April 16 ...
LightPath Technologies to Exhibit Advanced Infrared Solutions at 2025 Border Security Expo
Prnewswire· 2025-04-01 12:31
Core Viewpoint - LightPath Technologies, Inc. is set to showcase its expanded portfolio of infrared imaging solutions at the 2025 Border Security Expo, following its acquisition of G5 Infrared, highlighting its commitment to innovation in the defense and commercial optics market [1][2]. Group 1: Company Overview - LightPath Technologies is a leading provider of next-generation optics and imaging systems for defense and commercial applications, with a vertically integrated approach that includes in-house engineering support and global production facilities [5]. - The company’s primary manufacturing footprint is located in Orlando, Florida, with additional facilities in Texas, New Hampshire, Latvia, and China [5]. Group 2: Recent Developments - The exhibition at the 2025 Border Security Expo marks LightPath's first major industry event since acquiring G5 Infrared in February 2025, positioning G5 to deliver advanced cooled and uncooled infrared solutions for critical applications [2][3]. - LightPath plans to demonstrate its high-end cooled infrared camera systems, which complement its existing uncooled thermal imaging portfolio, showcasing its integrated technologies for border protection and homeland security [3]. Group 3: Strategic Engagement - The participation in the expo provides a platform for LightPath to engage with potential customers and partners, emphasizing the importance of its integrated technologies in meeting demanding requirements in security [3]. - Attendees will have the opportunity to explore customized design and manufacturing solutions, reinforcing LightPath's commitment to tailored performance, cost, and timeline objectives [3].
Maris-Tech Announces Full Year 2024 Financial Results and Reports Record 51% Revenue Growth for 2024 with Improved Profitability
Newsfilter· 2025-03-31 10:01
Rehovot, Israel, March 31, 2025 (GLOBE NEWSWIRE) -- Maris-Tech Ltd. (NASDAQ:MTEK, MTEKW)) ("Maris-Tech" or the "Company"), a global leader in video and artificial intelligence ("AI")- based edge computing technology, today announced its financial results for the full year ended December 31, 2024. The Company reported record revenues of approximately $6.1 million, an increase of 51% compared to approximately $4 million for the year ended December 31, 2023. Gross profit for the year ended December 31, 2024, g ...
LightPath Technologies Secures $4.8 Million Qualification Order for Infrared Cameras with New Defense Customer
Prnewswire· 2025-03-18 12:31
ORLANDO, Fla., March 18, 2025 /PRNewswire/ -- LightPath Technologies, Inc. (NASDAQ: LPTH) ("LightPath," the "Company," or "we"), a leading provider of next-generation optics and imaging systems for both defense and commercial applications, today announced its recently acquired subsidiary G5 Infrared ("G5"), a leading high-end infrared camera systems manufacturer, received an $4.8 million initial qualification order for infrared cameras with a new defense industry customer, for delivery in calendar year 2025 ...
2025 Investor Day Presentation
2025-02-27 06:34
LightPath Technologies A Global Leader in Optics & Infrared Solutions NASDAQ: LPTH | February 2025 Investor Day Presentation A Growing Market Opportunity LightPath Today G5 Infrared Safe Harbor Statement This presentation contains "forward-looking" statements that are based on our beliefs and assumptions and on information currently available to us. Forward-looking statements include information concerning our possible or assumed future results of operations, business strategies, product development plans, ...
LightPath Technologies, Inc. (LPTH) Virtual Investor Day Presentation Transcript
Seeking Alpha· 2025-02-27 06:28
Company Overview - LightPath Technologies, Inc. is hosting a Virtual Investor Day to provide detailed insights into its operations and recent developments, particularly focusing on the G5 acquisition [1][2]. G5 Acquisition - The presentation will emphasize the strategic importance of the G5 acquisition and the value it adds to LightPath Technologies [2]. Infrared Imaging Landscape - The company will discuss the infrared imaging sector, clarifying the distinction and overlap between infrared and thermal imaging technologies [4]. - Infrared imaging is defined as the part of the spectrum that is not visible to the human eye, extending beyond ultraviolet to RGB [5].
LightPath Technologies Announces Closing of Acquisition of G5 Infrared LLC
Prnewswire· 2025-02-19 23:15
Core Viewpoint - LightPath Technologies has completed the acquisition of G5 Infrared, enhancing its position in the $9 billion infrared imaging market and expanding its product offerings in defense and commercial applications [1][2]. Company Overview - LightPath Technologies, Inc. is a leading provider of next-generation optics and imaging systems, with a focus on both defense and commercial applications [4]. - The company operates a vertically integrated model, offering custom solutions that include proprietary BlackDiamond™ chalcogenide-based glass materials and complete infrared optical systems [4]. Acquisition Details - The acquisition of G5 Infrared, which specializes in high-end cooled infrared camera solutions, closed on February 18, 2025 [1][2]. - This transaction is expected to provide meaningful scale and integration opportunities, particularly with LightPath's proprietary materials [2]. Strategic Implications - The acquisition is a significant milestone for LightPath, allowing the company to broaden its product portfolio and enhance its reach into high-growth defense markets [3]. - G5 Infrared's cooled infrared camera solutions complement LightPath's existing uncooled offerings, enabling the company to deliver greater value to a wider range of customers [3].
LightPath Technologies to Host Virtual Investor Day Presentation on Tuesday, February 25, 2025
Prnewswire· 2025-02-18 21:30
Core Viewpoint - LightPath Technologies is set to host a virtual investor day on February 25, 2025, to discuss its growth strategy, the G5 acquisition, and key advancements in technology and finance [1][2][3]. Group 1: Event Details - The virtual investor day will take place at 12:30 p.m. Eastern time on February 25, 2025, and will include a presentation followed by a Q&A session [2][3]. - The event aims to engage current and prospective investors, showcasing the company's commitment to long-term shareholder value [3]. Group 2: Company Overview - LightPath Technologies is a leading provider of next-generation optics and imaging systems for defense and commercial applications, with a vertically integrated approach and in-house engineering design support [4]. - The company offers a range of custom solutions, including proprietary BlackDiamond™ chalcogenide-based glass materials and complete infrared optical systems [4]. - LightPath's manufacturing facilities are located in Orlando, Florida, with additional sites in Texas, Latvia, and China [4].