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0 -0.0612516644474034 -0.0213049267643143 -0.0213049267643143 -0.0346205059920105 -0.00133155792276964 -0.00133155792276949 0.00486018641810924
Stock impact report

LightPath Technologies Awarded Phase 2 Funding in U.S. Defense Department Partnership to Qualify Additional Germanium Substitutes [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. 3, 2024 /PRNewswire/ -- LightPath Technologies, Inc. (NASDAQ: LPTH) ("LightPath," the "Company," or "we"), a leading global, vertically integrated provider of thermal imaging cores, custom optical assemblies, photonics and infrared solutions for the industrial, commercial, defense, telecommunications, and medical industries, today announced the U.S. Department of Defense ("DoD") via the Defense Logistics Agency, Strategic Materials ("DLA") has awarded Phase 2 funding to support the qualification of additional LightPath Black Diamond ("BD") chalcogenide glasses as substitute to germanium. Qualification is a process in which suppliers demonstrate that their materials meet the required specifications and performance standards (MRL, Material Readiness Level) set by the DLA for use in defense applications. DLA qualification funding is made in two phases. The first phase of , which commenced in July 2023 , was earmarked explicitly for 3 of LightPath's proprietary Black Show less Read more
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