LightPath Technologies Inc. said it has developed a third generation collimator, a device which is a basic component of telecommunication products such as isolators, mechanical switches, couplers and …
LightPath Technologies Inc. said it has developed a third generation collimator, a device which is a basic component of telecommunication products such as isolators, mechanical switches, couplers and optical switches. In a recent press release, LightPath said the new collimator lowers insertion losses, improving the efficiency of telecommunications components. The new collimating products will be on display in March at an optical fibre conference in Baltimore. Shares of LightPath, which makes Gradium glass products and a collimator assembly, recently traded at 45, up 7 3/8 or 19.6%, on Nasdaq volume of 1.3 million shares. Average daily volume is 702,249 shares.