LightPath Technologies (NASDAQ: LPTH) is turning a corner, and investors should take note. The once globally focused business is taking a more domestic approach, divesting its China-based assets to comply with the National Defense Authorization Act.
That alone is a trigger for business, but even more so given its shift toward defense and counter-drone technologies. The company’s infrared and germanium-free optics are critical to high-performance thermal imaging, including ruggedized defense and aerospace applications, and are in increasingly high demand.
