Lightpath technologies announces successful transition of key customer from germanium to blackdiamond(tm) glass optics

Orlando, fl / accesswire / july 23, 2024 / lightpath technologies, inc. (nasdaq:lpth) ("lightpath," the "company," or "we"), a leading vertically integrated global manufacturer and integrator of proprietary optical and infrared technologies, today announced that a current key defense customer using germanium lenses has successfully completed the qualification and evaluation of new optics made from lightpath's proprietary black diamondtm ("bd") chalcogenide-based glass. the shift to blackdiamond™ glass comes in response to recent export restrictions on germanium imposed by china, which supplies a significant portion of the world's germanium.
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