LightPath Technologies, Inc. (NASDAQ:LPTH) has received an additional $6.3 million follow-on purchase order from a C-UAS and defense systems supplier for optical assemblies. The order covers continued assembly work for the customer’s counter-UAS systems.
LightPath said the latest order takes the customer’s total awards to more than $19 million since July 1. That figure includes $13 million in follow-on purchase orders announced on July 22, 2026.
The company said the customer’s awards since July 1 are double its total orders for the full fiscal year ended June 30, 2026.
Under the latest order, LightPath will continue supplying optical assembly work for systems designed to counter unmanned aerial systems. The company said the spread of unmanned aerial threats is creating urgent demand for counter-UAS capabilities among the U.S. military and its allies.
LightPath described optical assemblies as one of its three pillars of growth and said the order reflects its in-house assembly capabilities for defense applications.
Chief Executive Officer Sam Rubin said the customer’s programme was described as multi-year and expected to continue growing when LightPath announced the earlier $13 million of orders in July. He said the latest order demonstrates that expectation and noted LightPath’s role in supplying assemblies used in the customer’s counter-UAS systems.
Rubin also said repeat business of this scale reflects the company’s assembly capabilities and its work with defense technology customers seeking high-performance products sourced through secure, domestic supply chains.
LightPath provides optics and imaging systems for defense and commercial applications. The company describes itself as a vertically integrated provider with in-house engineering design support.
Its products range from BlackDiamond™ chalcogenide-based glass materials, sold under an exclusive license from the U.S. Naval Research Laboratory, to infrared optical systems and thermal imaging assemblies. LightPath’s primary manufacturing footprint is in Orlando, Florida, with additional facilities in Texas, New Hampshire and Latvia.
LightPath said the customer may modify, delay or cancel orders, while the timing and size of future orders may vary. The company also identified risks related to changes in demand for its products, obtaining raw materials and components from suppliers, tariffs and other governmental trade restrictions, economic uncertainty in key global markets, worsening global economic conditions or low levels of economic growth, and geopolitical tensions and conflicts.
Additional risks cited by the company include measures to reduce operating costs, an inability to sustain profitable sales growth, difficulties converting inventory to cash, and challenges reducing costs sufficiently to maintain competitive product prices. LightPath also said business initiatives may not deliver their anticipated benefits or may cost more than expected. It cautioned that actual results could differ materially from its forward-looking statements.
LightPath Technologies announced that it had received an additional $6.3 million follow-on purchase order for optical assemblies from a leading C-UAS and defense systems supplier. The order relates to optical assembly work for the customer's counter-UAS systems.
LightPath Technologies said the additional order brings total awards from the customer to more than $19 million since July 1. This includes the $13 million in follow-on purchase orders announced on July 22, 2026, as well as the additional $6.3 million order.
LightPath Technologies said the customer's total awards since July 1 are double the customer's total orders for the full fiscal year ended June 30, 2026.
LightPath Technologies will continue to provide optical assembly work for the customer's counter-UAS systems. The company described the order as covering optical assemblies used inside those systems.
LightPath Technologies said the proliferation of unmanned aerial threats is driving urgent demand for counter-UAS capabilities among the U.S. military and its allies. The company described counter-UAS systems as one of the fastest-growing areas of defence demand.
LightPath Technologies Chief Executive Officer Sam Rubin said the multi-year programme was expected to continue to grow when the company announced the earlier $13 million of orders in July. He said the latest follow-on order demonstrates that expectation and described the company's role in supplying optical assemblies to the customer's counter-UAS systems.
LightPath Technologies said the award reflects the strength of its optical assemblies business, which it identifies as one of the company's three pillars of growth. Sam Rubin said repeat business of this scale reflects the depth of the company's assembly capabilities and its role with defence technology customers requiring high-performance products sourced through secure, domestic supply chains.
LightPath Technologies provides next-generation optics and imaging systems for defence and commercial applications. It describes itself as a vertically integrated solutions provider with in-house engineering design support, offering products ranging from BlackDiamond™ chalcogenide-based glass materials to complete infrared optical systems and thermal imaging assemblies.
LightPath Technologies said its primary manufacturing footprint is in Orlando, Florida, with additional facilities in Texas, New Hampshire and Latvia.
The announcement identifies LightPath Technologies, Inc. as listed on NASDAQ under the ticker LPTH, written as “NASDAQ:LPTH” in the announcement and “NASDAQ: LPTH” in the company description.
LightPath Technologies said the customer could modify, delay or cancel orders, and that the timing and size of future orders could vary. It also identified risks including demand changes, obtaining raw materials and components, tariffs and other governmental trade restrictions, economic uncertainty, geopolitical tensions, operating-cost pressures, difficulties sustaining profitable sales growth or converting inventory to cash, and the possibility that business initiatives may not deliver their anticipated benefits or may cost more; the company said actual results could differ materially from its forward-looking statements.