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Stock impact report

LightPath Technologies Awarded Initial BlackDiamond Glass Order Following Qualification with New European Defense Customer [Yahoo! Finance]

LightPath Technologies, Inc. - Class A (LPTH) 
Last lightpath technologies, inc. - class a earnings: 2/6 04:00 pm Check Earnings Report
US:NASDAQ Investor Relations: lightpath.com/investor
Company Research Source: Yahoo! Finance
ORLANDO, Fla. Oct. 8, 2024 /PRNewswire/ -- LightPath Technologies, Inc. (NASDAQ: LPTH) ("LightPath," the "Company," or "we"), a leading provider of next-generation optics and imaging systems for both defense and commercial applications, today announced receipt of an initial development contract from a new European defense customer for the use of BlackDiamond glass in optical systems. The BlackDiamond glass, which has already completed qualification with the customer, utilizes the Company's proprietary BlackDiamond™ Chalcogenide material, and will be utilized in the prototypes within the defense customer's optical systems. Upon successful development into the customer's next-generation optical systems, LightPath maintains the opportunity for larger recurring orders in the future. "Earlier this year we received a European Defense license, granting us the ability to supply products to the European defense industry, one of the largest defense markets in the world," said Sam Rubin , P Show less Read more
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