LightPath Technologies Secures Additional $6.3M Counter-Drone Optics Order, Bringing Customer Awards To Over $19M Since July

Order brings total awards from the customer to more than $19 million since July 1 - double the customer's total for all of fiscal 2026 - supporting counter-UAS systems, one of the fastest-growing areas of defense demand

ORLANDO, FL / ACCESS Newswire / October 13, 2026 / LightPath Technologies, Inc. (NASDAQ:LPTH) ("LightPath," the "Company," "we," or "our"), a leading provider of next-generation optics and imaging systems for both defense and commercial applications, today announced it has received an additional $6.3 million follow-on purchase order from a leading C-UAS and defense systems supplier for optical assemblies. The order follows the $13 million in follow-on purchase orders from the same customer that LightPath announced on July 22, 2026, bringing total awards from the customer to more than $19 million since July 1 - double the customer's total orders for the full fiscal year ended June 30, 2026. Under the order, LightPath will continue to provide optical assembly work for the customer's counter-UAS systems.

The order supports one of the fastest-growing areas of the defense market, as the proliferation of unmanned aerial threats drives urgent demand for counter-UAS capabilities among the U.S. military and its allies. The award also reflects the strength of LightPath's optical assemblies business, one of the Company's three pillars of growth, and its differentiated in-house assembly capabilities serving mission-critical defense applications.