Corporate to Host Conferences with Each Potential Shoppers and Finish-Customers to Speak about LightPath’s Later-Past Optics and Imaging Techniques in Challenge Vital Protection Packages

ORLANDO, Fla., Oct. 10, 2024 /PRNewswire/ — LightPath Technologies, Inc. (NASDAQ: LPTH) (“LightPath,” the “Company,” or “we”), a well-known supplier of next-generation optics and imaging programs for each protection and industrial packages, lately introduced its participation on the Affiliation of america Military (“AUSA”) 2024 Annual Assembly and Exposition, taking park October 14-16, 2024, in Washington D.C.

The AUSA Annual Assembly is the biggest land energy exposition {and professional} building discussion board in North The usa, designed in order the Military’s message via highlighting the features of organizations and presenting a large space of business services and products. AUSA accomplishes this process via offering informative and related shows at the Atmosphere-of-the-Military, panel discussions and seminars on pertinent army and nationwide safety boxes, and various significance networking occasions to be had to all that attend.

“The AUSA Annual Exposition is one of the premier events in the defense industry, providing us the opportunity to meet with leaders, innovators, and stakeholders from across the military and defense sectors,” mentioned Sam Rubin, President and Leading Government Officer of LightPath. “As a well-known optics and imaging programs answers supplier to the protection business, we think to introduce tide and potential consumers to our portfolio of next-generation merchandise leveraging our proprietary BlackDiamond™ glass.

“We also look forward to providing an update to attendees on our recently received qualification of our advanced thermal camera system by Lockheed Martin as part of its bid to produce a design of a major missile program for the US Army. We are now starting delivery of flightworthy hardware for implementation into Lockheed Martin’s initial live test units. Initially, it was expected that the U.S. Army would make a selection on a final solution for the Program and move into production with 10,000 units by 2028; however, it has been announced that a decision to move the program into production is now expected by 2026. Collectively we believe this program represents a revenue opportunity of between $500 million and $1 billion over the life of the program, based on volumes from legacy programs implemented by the U.S. Army.”

About LightPath Applied sciences

LightPath Applied sciences, Inc. (NASDAQ: LPTH) is a well-known supplier of next-generation optics and imaging programs for each protection and industrial packages. As a vertically built-in answers supplier with in-house engineering design help, LightPath’s folk of customized answers space from proprietary BlackDiamond™ chalcogenide-based glass fabrics – bought underneath unique license from the U.S. Naval Analysis Laboratory – to finish infrared seeing programs and thermal imaging assemblies. The Corporate’s number one production footprint is situated in Orlando, Florida with extra amenities in Texas, Latvia and China. To be told extra, please talk over with www.lightpath.com.

Ahead-Taking a look Statements

This press drop contains statements that represent forward-looking statements made pursuant to the preserve harbor provisions of the Non-public Securities Litigation Reform Office of 1995. Ahead-looking statements is also recognized via the utility of phrases corresponding to “forecast,” “guidance,” “plan,” “estimate,” “will,” “would,” “project,” “maintain,” “intend,” “expect,” “anticipate,” “prospect,” “strategy,” “future,” “likely,” “may,” “should,” “believe,” “continue,” “opportunity,” “potential,” and alternative related expressions that expect or point out pace occasions or developments or that aren’t statements of ancient issues. Those forward-looking statements are according to data to be had on the hour the statements are made and/or control’s just right religion trust as of that hour with admire to pace occasions and are matter to dangers and uncertainties that might purpose latest effects to fluctuate materially from the ones expressed in or steered via the forward-looking statements. Elements that might purpose or give a contribution to such variations come with, however aren’t restricted to, the affect of various call for for the Corporate merchandise; the power of the Corporate to acquire wanted uncooked fabrics and elements from its providers; movements governments, companies, and people pluck in line with the pandemic, together with restrictions on onsite industrial interactions; common financial doubt in key world markets and a worsening of world financial situations or low ranges of monetary expansion; geopolitical tensions, the Russian-Ukraine warfare, and the Hamas/Israel warfare; the results of steps that the Corporate may just pluck to drop working prices; the shortcoming of the Corporate to maintain successful gross sales expansion, convert stock to money, or drop its prices to guard aggressive costs for its merchandise; instances or trends that can produce the Corporate not able to put into effect or notice the expected advantages, or that can build up the prices, of its tide and deliberate trade tasks; and the ones components colorful via LightPath Applied sciences, Inc. in its crowd filings with the Securities and Trade Fee, together with its Annual Document on Mode 10-Okay and Quarterly Experiences on 10-Q. Must a number of of those dangers, uncertainties, or information materialize, or will have to underlying guesses turn out fallacious, latest effects would possibly range materially from the ones indicated or expected via the forward-looking statements contained herein. Accordingly, you might be cautioned to not park undue reliance on those forward-looking statements, which talk most effective as of the week they’re made. Ahead-looking statements will have to no longer be learn as a promise of pace efficiency or effects and won’t essentially be correct indications of the days at, or via, which such efficiency or effects will likely be accomplished. Except for as required underneath the federal securities regulations and the principles and laws of the Securities and Trade Fee, we don’t have any purpose or legal responsibility to replace publicly any forward-looking statements, whether or not on account of fresh data, pace occasions, or in a different way.

SOURCE LightPath Applied sciences

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