LightPath Technologies Granted European Defense Manufacturing License; Significantly Expands Addressable Market [Yahoo! Finance]
LightPath Technologies, Inc. - Class A (LPTH)
Last lightpath technologies, inc. - class a earnings: 2/6 04:00 pm
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Source: Yahoo! Finance
ORLANDO, FL / ACCESSWIRE / April 17, 2024 / LightPath Technologies, Inc. (NASDAQ:LPTH) ("LightPath," the "Company," or "we"), a leading vertically integrated global manufacturer and integrator of proprietary optical and infrared technologies, has received a European Defense license, which provides the Company with the ability to supply products to the European Defense industry, one of the largest defense markets in the world. The EU defense market grew 12.5% to a record $295 billion in 2023, and the European Union recently published its first European defense industrial strategy , which among other things encourages cooperation and purchases in defense technology development among EU members, such as Latvia. Over the last three years, LightPath's defense sales have increased from 8% to 30% of total revenue, primarily in the U.S. defense markets. The U.S. defense markets represent the fastest growing product for the company, following the recent announcements of more than $100 mil
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LPTH
News
- LightPath Technologies, Inc. (NASDAQ: LPTH) is now covered by analysts at StockNews.com. They set a "hold" rating on the stock.MarketBeat
- LightPath Technologies Introduces New 15mK Uncooled High-Sensitivity Thermal Camera [Yahoo! Finance]Yahoo! Finance
- LightPath Technologies Introduces New 15mK Uncooled High-Sensitivity Thermal CameraAccesswire
- LightPath Technologies, Inc. (NASDAQ: LPTH) is now covered by analysts at StockNews.com. They set a "hold" rating on the stock.MarketBeat
- LightPath Technologies to Attend SPIE Defense + Commercial Sensing 2024 on April 21-25, 2024 [Yahoo! Finance]Yahoo! Finance
LPTH
Earnings
- 2/8/24 - Miss
LPTH
Sec Filings
- 2/28/24 - Form 4
- 2/13/24 - Form SC
- 2/13/24 - Form SC
- LPTH's page on the SEC website