LightPath Technologies Announces Closing of Acquisition of G5 Infrared LLC

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].