Lightpath technologies receives contract renewal for infrared optical lens elements representing 20% increase from previous renewal

Orlando, fl / accesswire / december 1, 2022 / lightpath technologies, inc. (nasdaq:lpth), ("lightpath" or the "company"), a leading vertically integrated global manufacturer and integrator of proprietary optical and infrared technologies, announced that the company has renewed its supply contract with a major commercial infrared vision products customer in excess of $5 million, representing a 20% increase from last year's renewal. lightpath's president and chief executive officer, sam rubin, commented, "we are pleased to announce this year's contract renewal as it represents an expansion of our partnership and a more than 20% increase from last year's renewal.
LPTH Ratings Summary
LPTH Quant Ranking