Added to YB: 2026-08-28
Pitch date: 2026-08-26
LPTH [bullish]
LightPath Technologies, Inc.
+2.53%
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
$874.6M
Pitch Price
$13.45
Price Target
N/A
Dividend
N/A
EV/EBITDA
1.5K
P/E
-26.91
EV/Sales
13.61
Sector
Electronic Equipment, Instruments and Components
Category
growth
The hunted learn to see - LightPath Technologies, Inc.
LPTH: LightPath is positioned to replace constrained Chinese-sourced germanium as thermal sensing expands from drone hunters to the much larger installed base of drones needing self-protection. Its US-made BlackDiamond infrared glass contains no germanium, and an $11M counter-drone camera order includes transitioning optics to the material. The constraint is timing: LightPath has roughly $70M of revenue, European retrofits offer limited direct benefit, and meaningful seeker volumes are a 2028-and-beyond opportunity.
Read full article (7 min)