Added to YB: 2026-06-09
Pitch date: 2026-06-05
LPTH [bullish]
LightPath Technologies, Inc.
-3.77%
current return
Author Info
OptimusDelta is a full-time investor with 20+ years experience in the Defense sector, from operational deployments through to commercial application. Sign up for the newsletter.
Company Info
LightPath Technologies, Inc. designs, develops, manufactures, and distributes optical systems and assemblies in the United States.
Market Cap
$937.4M
Pitch Price
$15.63
Price Target
N/A
Dividend
N/A
EV/EBITDA
1.6K
P/E
-30.48
EV/Sales
14.61
Sector
Electronic Equipment, Instruments and Components
Category
growth
The Glass that wins Wars - LightPath Technologies
LPTH: Orlando defense optics maker w/ exclusive NRL license for BlackDiamond germanium-free IR glass; NDAA 2030 mandate forces germanium substitution. Q3 FY26 rev $19.1M (+109% YoY), $110.6M backlog (+196%), 36% GM, EBITDA+$1.1M. NGSRI Stinger seeker binary catalyst ($500M-1B if Lockheed wins). Risks: 15-17x rev vs primes 2-3x, GAAP losses, serial dilution, Raytheon win.
Read full article (15 min)