NasdaqCM:LPTHElectronic
LightPath Technologies (LPTH) Is Up 5.3% After Record Infrared Backlog And New Drone Investment - Has The Bull Case Changed?
In recent days, analysts at Craig-Hallum and Lake Street reaffirmed positive views on LightPath Technologies, highlighting its shift toward vertically integrated high-value infrared imaging systems and its expanding presence in defense and drone applications, underpinned by a record US$90,000,000 backlog and multi‑year contracts.
An additional US$8,000,000 investment aimed at strengthening LightPath’s footprint in the drone and UAV infrared imaging market underscores how external funding is...