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Lightpath Technologies, Inc. - LPTH STOCK NEWS

Welcome to our dedicated news page for Lightpath Technologies (Ticker: LPTH), a resource for investors and traders seeking the latest updates and insights on Lightpath Technologies.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Lightpath Technologies's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Lightpath Technologies's position in the market.

Rhea-AI Summary
LightPath Technologies, Inc. introduces a new 15mK uncooled high-sensitivity thermal camera, setting a new standard in thermal imaging technology. The camera, developed in collaboration with Visimid's advanced electronics package, offers superior imaging capabilities with an NETD level of less than 15mK, surpassing traditional uncooled thermal cameras by a wide margin. This innovative technology provides enhanced sensitivity in long wave infrared (LWIR) at a lower cost, form factor, and power consumption, making it ideal for various applications such as drone detection, gas detection, and long-range imaging.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.76%
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none
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Rhea-AI Summary
LightPath Technologies, Inc. (NASDAQ:LPTH) is set to attend the SPIE Defense + Commercial Sensing 2024 event from April 21-25, 2024. The company has secured over $100 million in potential revenue through partnerships with top entities like the Department of Defense (DoD) and Lockheed Martin, showcasing its rapid expansion into the defense business sector.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.04%
Tags
conferences
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Rhea-AI Summary
LightPath Technologies, Inc. (NASDAQ:LPTH) has been granted a European Defense manufacturing license, expanding its addressable market in the rapidly-growing $295 billion European Defense industry. The license allows LightPath to supply products directly to the European Defense market, following a significant increase in defense sales over the past three years. This strategic move positions LightPath for substantial growth in the EU defense market, leveraging its recent investments in capacity and capabilities in Latvia.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.71%
Tags
none
Rhea-AI Summary
LightPath Technologies, Inc. (NASDAQ:LPTH) announces the incorporation of their new BlackDiamond-NRL infrared glass, BDNL, into a US Department of Defense program of record for a new airborne system. BDNL's unique properties enable the system to neutralize temperature and weather effects, reducing weight and complexity.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
4.7%
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none
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Rhea-AI Summary
LightPath Technologies, Inc. (NASDAQ:LPTH) announces the commercial launch of BDNL-4, a new BlackDiamond-NRL infrared glass material licensed from the US Naval Research Laboratories as a substitute for Germanium. BDNL-4 exhibits a negative thermo-optic coefficient and is multi-spectral, offering advantages over Germanium for optical systems. The material is expected to be crucial for thermal cameras in drones and other systems requiring operation across various temperatures.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.76%
Tags
none
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Rhea-AI Summary
LightPath Technologies, Inc. (NASDAQ:LPTH) announces the commissioning of additional optical coating capabilities in its Riga facility, catering to the European defense market and the growing demand for Germanium alternatives. The new High Durability Anti-Reflective coating enhances optics for harsh environments, signaling strategic growth and commitment to the defense industry.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
5.07%
Tags
none
Rhea-AI Summary
LightPath Technologies, Inc. (NASDAQ:LPTH) appoints Jason Messerschmidt as Vice President, Sales, bringing over 20 years of sales experience in imaging systems. Jason's background aligns with LightPath's focus on application-specific imaging solutions.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.03%
Tags
management
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Rhea-AI Summary
LightPath Technologies, Inc. (LPTH) is participating in the iAccess Alpha Buyside Best Ideas Spring Conference 2024. CEO Sam Rubin and CFO Al Miranda will present on March 12, with one-on-one meetings on March 13. The conference aims to connect companies with investors.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.33%
Tags
conferences
-
Rhea-AI Summary
LightPath Technologies, Inc. (NASDAQ:LPTH) introduces a new long-range camera utilizing its innovative Mantis™ Camera architecture, offering multispectral imaging capabilities across MWIR and LWIR wave bands. The camera, powered by LightPath's BlackDiamond™ infrared materials, provides high magnification and color correction for enhanced thermal signal collection, resulting in brighter images with a higher signal-to-noise ratio and longer detection distances.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
7.38%
Tags
none
Rhea-AI Summary
LightPath Technologies, Inc. announced financial results for its fiscal 2024 second quarter, highlighting a $7.3 million revenue, $21.2 million total backlog, $1.7 million net loss, and $0.5 million EBITDA loss. The company secured a $4.7 million order from Lockheed Martin, completed a $5 million facility expansion, and continued the integration of Visimid Technologies. However, the company experienced a decrease in revenue, gross margin, and backlog, resulting in a net loss increase compared to the prior fiscal year.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
4.52%
Tags
Lightpath Technologies, Inc.

Nasdaq:LPTH

LPTH Rankings

LPTH Stock Data

58.17M
26.60M
1.8%
48.8%
0.25%
Semiconductor and Related Device Manufacturing
Manufacturing
Link
United States
Orlando

About LPTH

lightpath technologies is a recognized leader in optics and photonics solutions, serving blue chip customers in the industrial, defense, telecommunications, testing and measurement, and medical industries, for over 25 years. lightpath designs, manufactures, and distributes optical and infrared components including molded glass aspheric lenses and assemblies, infrared lenses and thermal imaging assemblies, fused fiber collimators, and gradient index gradium® lenses. lightpath also offers custom optical assemblies, including full engineering design support for both optics and mechanics. this allows for the highest level of optical integration, lower cost, and ensures the highest level of quality, performance and manufacturability. lightpath is an iso 9001:2008 certified supplier and a 2012 recipient of the william c. schwartz industry innovation award. lightpath was chosen for the award based on its pioneering work in developing infrared optics manufacturing technologies. from concep