Added to YB: 2026-10-14
Pitch date: 2026-10-11
LPTH [bullish]
LightPath Technologies, Inc.
-14.23%
current return
Author Info
OptimusDelta is a full-time investor with 20+ years experience in the Defense sector, from operational deployments through to commercial application. Sign up for the newsletter.
Company Info
LightPath Technologies, Inc. designs, develops, manufactures, and distributes optical systems and assemblies in the United States, the United Kingdom, Israel, China, Rest of Europe, Rest of Asia and internationally.
Market Cap
$680.8M
Pitch Price
$9.56
Price Target
N/A
Dividend
N/A
EV/EBITDA
291.19
P/E
-25.25
EV/Sales
8.47
Sector
Electronic Equipment, Instruments and Components
Category
growth
From Glass to Seeker: NGSRI and LightPath
LPTH (hold): LightPath’s NGSRI work has qualified and flown a complete thermal camera, moving it from low-value optics to $5,000-10,000 seeker content per round; its cameras are now designed into or being evaluated on seven platforms. The thesis is that MOSA could make this qualified seeker portable across missiles, reducing dependence on a Lockheed NGSRI win. Portability remains unproven, MOSA also enables competitors, and early NGSRI production is modest. It remains the largest position.
Read full article (15 min)