LightPath Technologies completes US Navy contract

LightPath Technologies, Inc., a global manufacturer, distributor and integrator of patented optical components and assemblies, has announced the completion of a USD 750,000 Phase II SBIR contract awar…

LightPath Technologies, Inc., a global manufacturer, distributor and integrator of patented optical components and assemblies, has announced the completion of a USD 750,000 Phase II SBIR contract award from the US Navy, under the direction of the Air Force Research Laboratory (AFRL), for the development of moulding capabilities for infrared lenses using chalcogenide glass. The completion of the SBIR has created a platform for LightPath to develop large diameter moulded infrared aspheric lenses. LightPath currently sells moulded infrared lenses and thermal imaging assemblies for the larger thermal imaging, thermography and gas sensing markets, which have a combined estimated value of over USD 2.5 billion. LightPath CEO Jim Gaynor commented, LightPath has enjoyed collaborating with the US Navy and US Air Force to develop new technologies for moulding infrared lenses. Completion of this SBIR contract has enabled LightPath to not only bring low cost, moulded infrared optics to the defence market, but also bring to market high volume infrared lenses for commercial OEM applications. The completion of this SBIR contract significantly increases LightPath“s potential market share in the infrared optics markets by enabling LightPath to produce moulded lenses that are larger in diameter that previously possible.