IPG Photonics Receives Order From Lockheed Martin for CROSSBOW™ High-Energy Laser Systems
IPG Photonics Corporation (IPGP)
Last ipg photonics corporation earnings: 2/13 08:00 am
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Source: GlobeNewswire
MARLBOROUGH, Mass., Feb. 26, 2026 (GLOBE NEWSWIRE) -- IPG Photonics, the global leader in fiber laser technology, announced today that it has received an order from Lockheed Martin Corporation for the delivery of its CROSSBOW™ high-energy laser counter-UAS defense systems. The order is valued at approximately $10 million and is expected to be delivered over the next several quarters. “We are encouraged by the continued success of CROSSBOW, our scalable, cost-effective laser defense system for countering smaller unmanned aircraft threats. This follow-on order from Lockheed Martin reflects both the clear demand for deployable directed energy solutions and the readiness of our product,” said Dr. Mark Gitin, Chief Executive Officer of IPG Photonics. Contact Eugene FedotoffSenior Director, Investor Relations IPG Photonics Corporation 508-597-4713efedotoff@ipgphotonics.com About IPG Photonics Corporation IPG Photonics Corporation is the leader in high-power fiber lasers and amplifier
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IPGP
Earnings
- 2/12/26 - Beat
IPGP
Sec Filings
- 3/3/26 - Form 4
- 3/3/26 - Form 4
- 3/3/26 - Form 4
- IPGP's page on the SEC website