LightPath Technologies, Inc.

LightPath Technologies, Inc. is a global company that manufactures optical components and systems. Incorporated in Delaware in 1992, the company's corporate headquarters is in Orlando, Florida, with additional facilities in the United States and the Republic of Latvia. Historically, LightPath focused on manufacturing precision molded lenses for visual light applications. In December 2016, the company expanded into the infrared market by acquiring ISP Optics Corporation ("ISP") and its subsidiary, ISP Optics Latvia, SIA ("ISP Latvia"). ISP, based in Orlando, Florida, is a vertically integrated manufacturer offering a full range of infrared products, from custom optical elements to catalog and high-performance lens assemblies. ISP Latvia, located in Riga, Latvia, manufactures high precision optics and a full range of infrared products, including catalog and custom infrared optics. Since 2020, LightPath's strategy has been to move up the value chain by producing optical assemblies, modules, and simple cameras, enhancing its capabilities in cameras and sensors for value-add infrared systems. In July 2023, the company acquired Liebert Consulting, LLC, doing business as Visimid Technologies ("Visimid"). Visimid is an engineering and design firm specializing in thermal imaging, night vision, and Internet of Things (IoT) applications, providing design and consulting services to U.S. Department of Defense (DoD) contractors, commercial and industrial customers, and original equipment manufacturers (OEMs) for new products.