Makes precision optical components—molded and diamond-turned lenses and aspheric optics—that route light in defense, medical, automotive, and industrial systems.
USD 0.04B revenue (FY2025) at 27% gross margin, but operating losses of USD 0.01B and net losses of USD 0.01B; no recurring revenue model evident.
Custom optical engineering and manufacturing precision create switching costs, but eroding: competitors like Thorlabs and Edmund Optics offer comparable off-the-shelf components, and LightPath's negative margins suggest it cannot sustain pricing power.
Key events, in time order
CEO says LPTH products in 7/10 US drones; tariff boosts domestic supply chain role
Multiple firms flag LPTH same day; defense optics demand and M&A speculation underpin bullish view
Defense IR demand drives chalcogenide glass investment, LPTH as key supplier in focus
Definitive agreement to sell China ops for $4.5M paid over five years, completing shift to Western-aligned manufacturing footprint.
Following $11M order on Jul 15, total $24M in new C-UAS orders within 8 days, confirming sustained demand.
None yet
None yet
LightPath Technologies is discussed as a potential beneficiary of a major rearmament drive and critical supply chain security, with anticipation of a catalyst within two weeks.
Main discussion
Different voices
Trader's glance - $LPTH $13.64. 🔴 𝙀𝙭𝙥𝙚𝙣𝙨𝙞𝙫𝙚 against its sales. LightPath Technologies designs, develops, manufactures, and distributes optical systems and assemblies. It trades at 13x sales. The industry usually gets 5x. Fair is $5.23 through $6.65. That's 5x the last twelve mont
Not attaching today's move to any specific thing as $LPTH has been all over the place but it would be nice to get some of my taxpayer money grifted into it within "next 2 weeks" Sam has basically said we are going to get something(s) - just a matter of the format and timing (we a
$LPTH nice day I have been showing this one on a weekly time frame to clean up the mess but it is worth looking at it on the daily every so often to see what a damn churn it has been But in time we will have our just reward. Maybe the first dessert comes in "next 2 weeks" https:/
Massive respect for the team at PDW. This is just the beginning of "the" major rearmament drive and securing of the critical supply chains for the US. Long $LPTH $ONDS $UMAC
Fully agree with @JeffGabel here. The barrier to create content is orders of magnitude lower than even a few months ago. If someone like me (zero skill, obviously) can create a quick cinematic for $LPTH with grok, there are no excuses. https://t.co/oG3DdJISYd
IQ levels restored moderately Still some general questions about it though $LPTH $UMAC https://t.co/xaMeVwTo5Z
No comments yet.
Facts and opinions separated · All items sourced · Not investment advice
