$LPTH For anyone who, like me, wants to know more about the "germanium-free thermal gun sights" program added to the lightpath IR deck back in January: after some digging, it appears to be tied to the $DRS FWS-I (Family of Weapon Sights – Individual).
x.com/BussinBiotech/status/2…
Leonardo DRS, already a key LightPath customer across multiple programs, recently marketed the FWS-I as "germanium-free" at the ISOF Range 2026 military conference (image and link below). If accurate, this would be just another program that the large prime would working on with LightPath.
Link to ISOF Range 2026 military conference website that mentions the germanium-free FWS-I: isofrange.com/exhibitors
I also wouldn't be surprised if this LightPath program has more than one partner. Ever since it was added to the deck, I've noticed several thermal gun sight providers adjust some of their product lines in ways that align with LightPath's offerings, either dropping any mention of "germanium lenses," or explicitly advertising "germanium-free" optics or "multispectral imaging" (e.g., Falcon Optics, Pulsar)... For example, look at how the Falcon T1-650L is advertised as well (see image).
Anyway, just another great looking program to add to lightpath's diversified program list where they utilize their advantage/tech to win market share and build relationships. Something worth tracking going forward.
Also. h/t to @RADHardTech for helping me with Leonardo FWS-I research.
$LPTH It looks like management uploaded a new investor deck, I assume the one used for Needham last week. Right of the bat I am seeing some interesting changes from the prior deck:
1.) Germanium free thermal gun sights are added as a new existing program (Slide 14).
2.) Highlight thermal camera integration into directed energy and remote weapon systems (Slide 13)
3.) On slide 9 they now show a picture of a Northrop LITENING advanced targeting pod (Is this intentional or illustrative?)
Potentially more to tease out.
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