Added to YB: 2026-09-24
Pitch date: 2026-09-21
LPTH [bullish]
LightPath Technologies, Inc.
-2.97%
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, the United Kingdom, Israel, China, Rest of Europe, Rest of Asia and internationally.
Market Cap
$693.4M
Pitch Price
$10.11
Price Target
N/A
Dividend
N/A
EV/EBITDA
297.24
P/E
-25.72
EV/Sales
8.64
Sector
Electronic Equipment, Instruments and Components
Category
special_situation
Germanium was never going to work - LightPath Technologies, Inc.
LPTH (update): LightPath’s BlackDiamond glass addresses a structural problem: germanium supply cannot scale with infrared demand, while individually machined germanium optics are ill-suited to high-volume defense production. The end customer is now funding BlackDiamond’s maturation through CLEAR, with successful completion potentially enabling a follow-on production contract without further competition. The award has no disclosed value, is not yet revenue, and still requires technical delivery and program-by-program design wins.
Read full article (6 min)