Lightpath Technologies Inc Stock Price, News & Analysis

LightPath (NASDAQ: LPTH) appointed Israel Piergiovanni as Vice President of Manufacturing effective Nov. 10, 2025 to scale production and drive operational excellence across its global manufacturing footprint.

Piergiovanni has 20+ years of manufacturing leadership, most recently leading multi-site optical assembly production at Luminar, and will support new capacity coming online in Texas as LightPath seeks to convert a record $90M+ backlog into revenue.

LightPath Technologies (NASDAQ: LPTH) will release its fiscal first quarter 2026 financial results for the quarter ended September 30, 2025 after market close on November 11, 2025. Management will host an investor conference call on Tuesday, November 11, 2025 at 5:00 p.m. Eastern to discuss results, provide a corporate update, and hold a Q&A for telephone participants.

Dial-in details: U.S. 1-877-425-9470, International 1-201-389-0878, Conference ID 13756885. A webcast and replay will be available; telephone playback is available through November 25, 2025 using replay pin 13756885.

LightPath Technologies (NASDAQ: LPTH) received a $4.8 million purchase order from a returning customer to supply advanced infrared (IR) camera systems for public safety applications, with delivery scheduled in the company's 2026 fiscal year. The company highlighted recent IR momentum, citing an $18.2 million order in September and a follow-on $22.1 million order two weeks later, and noted a $90 million order backlog. Management attributed demand to product capabilities using proprietary BlackDiamond glass and secure supply chains, saying the sales team is converting pipeline orders to support revenue growth through fiscal 2026.

LightPath Technologies (NASDAQ: LPTH) appointed Mark Caylor to its Board of Directors, effective October 9, 2025. Caylor is a veteran defense executive with 35+ years of experience and has leadership history at Northrop Grumman, where he most recently served as President of Mission Systems.

The company said Caylor led an $11 billion technology business with 25,000 employees and has background in strategy, M&A, capital structure, and defense customer relationships. Management expects his experience to support LightPath's growth in the multi‑billion‑dollar infrared imaging systems market and near‑term scaling of camera and optics deliveries.

LightPath Technologies (NASDAQ:LPTH) reported its fiscal Q4 and full year 2025 results, highlighting significant revenue growth and strategic developments. Q4 revenue increased 41.4% to $12.2 million, while full-year revenue grew 17.4% to $37.2 million. The company secured major orders including an $18.2 million purchase order for IR cameras and a follow-on $22.1 million order from a leading global technology customer.

Despite revenue growth, LPTH reported increased losses with Q4 net loss of $7.1 million compared to $2.4 million year-over-year, and full-year net loss of $14.9 million versus $8.0 million. The company's strategy focuses on transitioning from Germanium optics to its proprietary BlackDiamond™ glass technology, particularly in defense verticals and IR camera systems.

LightPath Technologies (NASDAQ: LPTH), a provider of next-generation optics and imaging systems, will release its Q4 fiscal 2025 financial results on September 25, 2025, after market close.

The company will host an investor conference call at 5:00 p.m. Eastern time on the same day to discuss quarterly results and provide a corporate update. The call will include a Q&A session, and a playback will be available until October 9, 2025.

LightPath Technologies (NASDAQ:LPTH) has secured a $22.1 million follow-on purchase order for advanced infrared camera systems to be delivered in CY 2027. This follows a previous $18.2 million order announced on September 3, 2025, for CY 2026 delivery, bringing the total order value to $40.3 million.

The company is successfully transitioning from a components manufacturer to a vertically integrated camera solutions provider, leveraging its proprietary BlackDiamond™ glass technology. LightPath is experiencing strong momentum in defense markets, particularly among western defense contractors seeking secure supply chain alternatives to Germanium for infrared imaging systems.

LightPath Technologies (NASDAQ: LPTH) has secured an $8.0 million strategic investment through a private placement with Ondas Holdings (NASDAQ: ONDS) and Unusual Machines (NYSE: UMAC). The deal involves selling 1,600,000 shares at $5.00 per share, with each investor purchasing $4 million worth of shares.

The investment aims to advance LightPath's commercialization of next-generation optics and imaging systems for drone applications. The company's BlackDiamond™ Glass technology offers a USA-made alternative to Germanium, addressing supply chain challenges caused by China's export restrictions. The partnership focuses on expanding drone infrared camera capabilities across commercial, defense, and government sectors.

LightPath Technologies (NASDAQ:LPTH) has secured an $18.2 million purchase order for advanced infrared camera systems to be delivered in 2026. The order comes from a leading global technology customer, with an additional agreement suggesting potential future orders of up to $22 million for deliveries in 2027.

The combined potential value of up to $40 million over 2026-2027 reflects LightPath's successful transition from a components manufacturer to a vertically integrated camera solutions provider. The company is benefiting from defense industry tailwinds and increasing demand for alternatives to Germanium-based solutions, particularly following China's export restrictions on Germanium.