LightPath secures $18.2M purchase order with technology customer

LightPath (LPTH) Technologies announced it has secured an $18.2M purchase order with a leading global technology customer related to the supply of advanced infrared camera systems in CY 2026. In addition, the company has an agreement in place with this customer which – while not obligated, based on customer discussions and expectations memorialized in the agreement – the company anticipates receiving future purchase orders totaling up to $22M for a second tranche of products to be delivered in CY 2027.