LightPath
Designs and manufactures precision optical components and infrared systems, including molded glass aspheric lenses, IR lenses, and thermal imaging cameras for defense and industrial applications.
- CEO / Founder
- Sam Rubin
- Team Size
- 201-500
- Stage
- Public
- Total Funding
- $29.3M
- Latest Round
- Post-IPO
- Key Investors
- Ondas Holdings Inc.; Unusual Machines
Technology & Products
Key Products
Molded glass aspheric lenses; Infrared lenses and assemblies; Thermal imaging cameras; Fused fiber collimators; Black Diamond (BD6) chalcogenide glass lenses
Technological Advantage
LightPath's vertically integrated glass molding and processing capabilities provide cost and performance advantages in infrared optics. The company holds a patent on 3D printing of GRIN optical lenses, which could enable novel optical designs, but the core business is not additive manufacturing.
Differentiation
Value Proposition
Vertically integrated optical design and manufacturing reduces cost and lead time for defense and IR assemblies, with proprietary chalcogenide glass enabling lighter and more affordable thermal imaging.
How They Differentiate
LightPath is vertically integrated in molded glass optics and proprietary chalcogenide glass, offering lower cost and lighter weight than germanium-based IR optics. Competitors like Umicore and Thorlabs have broader product lines but lack LightPath's in-house glass molding and chalcogenide expertise.
Market & Competition
Target Customers
Defense contractors, industrial OEMs, medical device manufacturers, and security system integrators
Industry Verticals
Defense; Aerospace; Industrial; Medical; Security
Competitors
Umicore; Thorlabs; Jenoptik; Edmund Optics; Teledyne FLIR
Growth & Milestones
Growth Metrics
acquisition: Amorphous Materials, Inc.
Major Milestones
Founded in 1985; Listed on NASDAQ (LPTH); Appointed Sam Rubin as CEO in 2020; Received $9.6M purchase order for cooled infrared cameras; Received $8M strategic investment from Ondas Holdings and Unusual Machines
Notable Customers
Lockheed Martin; Raytheon Technologies; Northrop Grumman; BAE Systems; FLIR Systems; Thales; Leonardo DRS; L3Harris Technologies
Funding rounds
- Post-IPO$100M2026-03Source: PR Newswire
- Post-IPO$12.94M2026-03Source: MarketBeat
- Post-IPO$47.7M2026-03Source: StockTitan
- Post-IPO$50M2026-02Source: PR Newswire
- Strategic Investment$8.0M2025-11Source: PR Newswire