LightPath Technologies Secures Large Order for Drone Camera Optical Assemblies

LightPath Technologies (LPTH) has announced a significant new contract to supply over 50,000 optical assemblies designed for drone camera systems. The order was placed by a major undisclosed customer within the defense sector. While the specific monetary value of the contract and the identity of the client remain confidential, the scale of the production volume suggests a substantial boost to the company's manufacturing pipeline. Following the announcement, LightPath shares saw upward momentum in premarket trading.

By Sara Sethiya, SA News Editor · Seeking Alpha ·

LightPath Technologies Secures Large Order for Drone Camera Optical Assemblies

Tickers: $LPTH

Topics: defense technology drone systems optical assemblies

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