Lightpath Technologies Inc Stock Price, News & Analysis

LightPath Technologies (NASDAQ:LPTH) has partnered with Israeli firm QuantLR to develop a free space quantum encryption system. This collaboration aims to establish secure optical communication channels for Quantum Key Distribution (QKD), enhancing data security against contemporary and future threats. The project includes communication between ground stations and satellites, targeting applications in high-rate data transmission. The initiative originates from a joint program between Space Florida and the Israeli Innovation Authority, focused on cost-effective quantum cryptographic solutions.

LightPath Technologies (NASDAQ: LPTH) will present at the LD Micro Invitational conference from June 7 to 9, 2022. CEO Sam Rubin is scheduled to speak on June 7 at 4:00 PM ET. The presentation will be live-streamed and available for replay. Management will also hold one-on-one meetings during the event. LightPath specializes in optical and infrared technologies across various industries, including defense and telecommunications. For more details, visit lightpath.com.

LightPath Technologies (NASDAQ:LPTH) will present at the Spring Into Action - Best Ideas Virtual Investor Conference from May 17-20, 2022. The company's presentation is scheduled for May 18 at 3:30 PM ET. A live webcast will be available for replay. Management is open for one-on-one meetings during the event. This conference features top 36 investment ideas recommended by qualified institutional investors. LightPath, a global provider of optical and infrared solutions, is headquartered in Orlando, Florida, with additional offices in Latvia and China.

LightPath Technologies (LPTH) reported its fiscal 2022 Q3 results, with revenue at $8.3 million, down from $10.7 million year-over-year. A net loss of $495,000 was reported, compared to $223,000 in the same quarter last year. The decrease was impacted by COVID-19 disruptions in China and lower infrared product sales, which fell 42%. The company announced a strategic shift towards engineered solutions and has seen improvements in margins due to operational efficiencies. Notably, total backlog stood at $19.7 million as of March 31, 2022.

LightPath Technologies (NASDAQ: LPTH) has scheduled its fiscal 2022 third quarter financial results announcement for May 12, 2022, post-market close. A conference call will be held the same day at 5:00 PM ET, with dial-in numbers provided for both domestic and international participants. Investors can access a live webcast through the company's website. A replay of the call will be available until May 26, 2022. LightPath is recognized for its vertically integrated optics and infrared solutions in various industries, emphasizing its proprietary products and manufacturing capabilities.

LightPath Technologies, Inc. (NASDAQ:LPTH) has engaged MZ Group to enhance their investor relations and financial communications strategy. This collaboration aims to improve the company's visibility in key markets and promote its engineered optical solutions. CEO Sam Rubin highlighted the company's growth potential in the multi-billion dollar photonics sector. MZ Group, known for its expertise in investor relations, will assist in coordinating investment conferences and enhancing brand awareness among financial media.

LightPath Technologies (NASDAQ:LPTH) announces CEO Sam Rubin's invitation to speak at the National Day of Glass conference in Washington, DC from April 5-7, 2022. His presentation will focus on the company's supply chain strategies for infrared glass, emphasizing alignment with White House Executive Order 14017. This aims to reduce reliance on germanium imports from China and Russia, identified as critical by the Department of Defense. Additionally, Rubin will present at the SPIE Defense + Commercial Sensing conference in Orlando, highlighting innovative supply chain methods. Presentation materials will be available on their website.

Attollo Engineering has partnered with LightPath Technologies Inc. (NASDAQ: LPTH) to design and supply freeform optical components for Attollo's LiDAR products. This collaboration aims to enhance the performance of Attollo's Laser Rangefinders while reducing costs and weight. Utilizing LightPath's precision molding technology will facilitate quick production scaling. Both companies are focused on delivering cutting-edge solutions in infrared systems for unmanned aerial vehicles (UAVs), emphasizing accuracy and reliability.