Lightpath Technologies Inc Stock Price, News & Analysis

LightPath Technologies (NASDAQ:LPTH), a provider of next-generation optics and imaging systems, will present at the Canaccord Genuity 45th Annual Growth Conference on August 13, 2025 in Boston, Massachusetts.

CEO Sam Rubin will present at 3:00 p.m. Eastern time at the InterContinental Boston Hotel and host one-on-one meetings. Rubin highlighted the company's strong momentum in defense customers, driven by geopolitical factors and the G5 Infrared acquisition, along with growing interest in their Germanium-free BlackDiamond™ glass technology.

LightPath Technologies (NASDAQ:LPTH) has announced that its subsidiary G5 Infrared has begun production of two high-end cooled infrared camera products using the company's proprietary BlackDiamond™ Glass instead of Germanium. This strategic shift comes in response to China's export restrictions on Germanium, a critical material for defense contractors.

Following G5's acquisition in early 2025, LightPath has redesigned select entry-level camera models to incorporate BlackDiamond™ Glass technology. These new Germanium-free cameras serve as direct drop-in replacements for current models, requiring no system redesigns. The company is now focusing on redesigning G5's mid-range camera solutions to expand its Germanium-free product portfolio.

LightPath Technologies (NASDAQ: LPTH) has launched its first industrial-grade MWIR optical gas imaging (OGI) camera through its subsidiary G5 Infrared. The new cooled camera, which complements their existing uncooled LWIR model, has been validated to meet EPA's Subpart OOOOb standards at a certified facility. The cooled camera is certified to detect over 11 key Volatile Organic Compounds (VOCs) and 25 different gases, making it ideal for industrial applications. Both the cooled and uncooled models are designed to help customers comply with state, federal, and global regulations for OGI implementation. The uncooled model specifically targets the detection of Methane, Ammonia, and SF6. The company's CEO Sam Rubin emphasized that during validation testing, the cooled camera demonstrated exceptional performance meeting EPA requirements with additional performance capacity available.

LightPath Technologies (NASDAQ: LPTH) reported its Q3 FY2025 financial results, showing revenue growth of 19.1% to $9.2 million compared to $7.7 million in Q3 FY2024. The company posted a net loss of $3.6 million, wider than the $2.6 million loss in the prior year. Notable highlights include the acquisition of G5 Infrared and securing major defense contracts: a $2.2M order from L3Harris for the Navy's SPEIR Program, a $4.8M initial qualification order from a new defense customer, and a $4.9M order for cooled infrared cameras. Gross profit increased 65.9% to $2.7 million, while operating expenses rose 42.9% to $6.0 million, primarily due to acquisition-related costs and increased marketing spend. The company's strategic focus remains on becoming a leading vertically-integrated infrared imaging solutions provider, leveraging its proprietary BlackDiamond™ technology amid China's Germanium export restrictions.

LightPath Technologies (NASDAQ: LPTH), a provider of next-generation optics and imaging systems, will release its fiscal third quarter 2025 financial results on May 15, 2025, after market close. The company will host an earnings conference call at 5:00 p.m. Eastern time the same day.

Management will discuss Q3 FY2025 financial results and provide a corporate update, followed by a Q&A session. The call will be accessible via U.S. Dial-in (1-877-425-9470) and International Dial-in (1-201-389-0878) using Conference ID 13749941. A playback will be available through May 29, 2025, and can be accessed using replay pin number 13749941.

LightPath Technologies (NASDAQ: LPTH) has secured a $4.9 million follow-on order through its subsidiary G5 Infrared from an existing defense industry customer. The order, scheduled for delivery throughout fiscal year 2026, involves high-end infrared camera systems. G5's expertise in long-range imaging and IR cooled camera solutions serves various applications including shipboard surveillance, border security, and counter UAS systems. The company expects additional orders from this defense customer's program in the future.

CEO Sam Rubin highlighted that G5's acquisition has provided meaningful scale and opportunities to integrate LightPath's proprietary BlackDiamond™ glass with G5's products, positioning the combined company for continued growth.

LightPath Technologies (NASDAQ: LPTH) has announced that its recently acquired subsidiary G5 Infrared has secured a $2.2 million engineering development model (EDM) order from L3Harris Technologies for infrared cameras. The contract supports the U.S. Navy's Shipboard Panoramic Electro-Optic/Infrared (SPEIR) Program, with delivery scheduled for 2025.

The SPEIR Program will enhance naval capabilities including anti-ship cruise missile defense, counter-fast attack craft operations, and counter-unmanned aerial vehicle detection. The systems will be integrated into all U.S. Navy surface ships, starting with Arleigh-Burke-class destroyers.

This marks the first announced award following LightPath's acquisition of G5, positioning the company to expand its presence in the $9 billion infrared imaging market as a vertically integrated solutions provider.

LightPath Technologies (NASDAQ: LPTH) announced its participation in the virtual Photonics Spectra Infrared Imaging Summit 2025. Jason Liebert, General Manager of the Plano, Texas facility, will present on April 16, 2025, at 11:10 AM EST.

The presentation, titled 'Broadband Thermal Imaging: The Future is Now', will address historical limitations and recent advancements in broadband MWIR sensing with uncooled microbolometers. The summit will feature presentations from industry experts at Oculus Photonics, InfraTec GmbH, Lattice Materials, Emberion, and VIGO Photonics, covering topics including polarization imaging, broadband imaging, and machine vision advancements.

LightPath Technologies (NASDAQ: LPTH) has announced its participation in the 2025 Border Security Expo in Phoenix, Arizona on April 8-9, 2025. This marks the company's first major industry event following its February 2025 acquisition of G5 Infrared.

The company will showcase its expanded portfolio of infrared imaging solutions, particularly highlighting the integration of LightPath's proprietary BlackDiamond™ glass in G5's cooled infrared cameras. The combined capabilities now include both cooled and uncooled infrared solutions targeted at border control, perimeter security, and mission-critical applications.

As a vertically integrated provider, LightPath offers in-house engineering support, global production facilities, and expertise in optics fabrication. The exhibition provides an opportunity for the company to demonstrate its broader range of infrared solutions to potential customers and partners in the border security and defense markets.