LightPath Technologies Secures $18.2 Million Purchase Order to Supply Advanced Infrared Camera Systems
1. LPTH secures $18.2 million order for infrared camera systems in CY 2026. 2. Future orders could total up to $22 million for CY 2027. 3. The company anticipates a $40 million growth in defense backlog by 2027. 4. Geopolitical tensions are increasing demand for LPTH's alternatives to Germanium. 5. Strong sales momentum expected due to rising interest in BlackDiamond™ glass.