LightPath Technologies Completes Divestiture of China Operations
Key Highlights
- ➤China operations sale closed October 30, eliminating LightPath facilities and operations there
- ➤China third-party customer revenue averaged approximately $4.5 million annually in fiscal 2025-2026
- ➤LPOIZ remains a third-party supplier, supporting expected commercial customer supply continuity
- ➤LightPath plans additional manufacturing capacity to meet growing defense customer demand
Expert Statements
Sam Rubin, President and Chief Executive Officer of LightPath Technologies
“Completing the sale of our China operations marks the culmination of LightPath's multi-year transformation of our manufacturing infrastructure,”
Sam Rubin, President and Chief Executive Officer of LightPath Technologies
“We are now a Western-aligned, vertically integrated provider of optics and infrared imaging solutions, and that matters to our customers. Defense primes and public safety agencies increasingly want to know where their optics are made and who owns the facilities that make them. We believe our footprint positions LightPath well for programs where non-China sourcing is required.”
Sam Rubin, President and Chief Executive Officer of LightPath Technologies
“We structured this transaction with our commercial customers in mind, and we do not expect any material impact to the supply, quality or service they receive. Looking ahead, we remain focused on adding manufacturing capacity to meet growing demand from defense customers. I want to thank our former colleagues in Zhenjiang for their many contributions to LightPath, and we look forward to continuing to work with them as a supplier.”
ORLANDO, FL / ACCESS Newswire / November 5, 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 that effective on October 30, 2026, it closed the previously announced sale of its wholly owned subsidiary, LightPath (Zhenjiang) Optical Instrumentation Co., Ltd. ("LPOIZ"), including its manufacturing facility and operations in China, to an entity owned by members of LPOIZ's incumbent management team.
Effective as of the closing, LightPath no longer has any facilities or operations based in China - reinforcing the Company's position as a trusted provider of secure, NDAA-compliant optics and imaging solutions for defense and commercial markets.
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