LightPath Technologies Secures $9.6M Defense Camera Order, Boosting Domestic Manufacturing

LightPath wins large defense camera order as it leans on domestic production

Repeat $9.6 million order validates domestic manufacturing push

LightPath Technologies is securing a $9.6 million purchase order from an existing defense customer for cooled infrared cameras, underscoring its push to scale domestic production for defense and security applications. The company says deliveries are scheduled throughout calendar 2026 and production is split between its Orlando, Florida, and New Hampshire facilities to leverage expanded U.S. manufacturing capabilities tied to recent acquisitions.

Company management frames the systems as the choice for all‑weather security and surveillance, combining performance, reliability and ease of use, and says the repeat order validates demand for its advanced camera systems and the strategic value of the G5 Infrared acquisition. President and CEO Sam Rubin says winning orders of this magnitude demonstrates both product quality and supply capability, and highlights established multi‑year contracts and programs of record in shipboard long‑range surveillance, border security and counter‑UAS systems.

LightPath is leveraging its vertically integrated optics and imaging platform, including proprietary BlackDiamond™ chalcogenide glass under an exclusive license from the U.S. Naval Research Laboratory, to meet stringent government specifications and maintain secure supply chains. The company plans to fulfill the order using its expanded domestic footprint, while noting additional facilities in Texas, Latvia and China support other program work. Management presents the contract as part of a broader effort to convert sustained order momentum into revenue across naval, federal and law enforcement customers through 2026.

Additional orders and financials

LightPath reports stronger revenue momentum in its fiscal second quarter ended Dec. 31, 2025, with revenue rising to $16.4 million from $7.4 million a year earlier and gross profit increasing to $6.0 million. The company posts a wider net loss of $9.4 million, driven in part by higher operating expenses that include a non‑cash change in fair value of acquisition liabilities related to G5.

Strategic moves and balance sheet strengthening

The company also secures a $4.8 million purchase order for advanced IR camera systems for public safety to be delivered in its 2026 fiscal year and acquires Amorphous Materials, Inc. in January 2026 to add chalcogenide melting capabilities for large‑diameter optics. LightPath supplements manufacturing leadership with the appointment of Israel Piergiovanni as VP of Manufacturing and adds defense executive Mark Caylor to its board, while strengthening liquidity via a $60 million public offering in December 2025.