Business
LightPath Introduces MANTIS, The Company’s First Multispectral Camera System
ORLANDO, FL / ACCESSWIRE / December 21, 2022 / LightPath Technologies, Inc. (NASDAQ:LPTH), ("LightPath" or the "Company"), a leading vertically integrated
About this update from Lightpath Technologies, Inc.
[{"type":"text","content":"ORLANDO, FL / ACCESSWIRE / December 21, 2022 / LightPath Technologies, Inc. (NASDAQ:LPTH), (\"LightPath\" or the \"Company\"), a leading vertically integrated global manufacturer and integrator of proprietary optical and infrared technologies, introduces MANTIS the company's first Multi-Spectral Infrared Camera System.Multi-spectral cameras allow users to reduce the number of cameras and lenses needed for any infrared imaging use. Currently, users typically use uncooled long wave cameras (LWIR), and cooled mid wave cameras (MWIR), the later having high costs and shorter lifetime due to the complex cooling requirements. LightPath's uncooled multi spectral camera images in both the midwave range, and the long wave ranges simultaneously, without the complicated, heavy and expensive cooling system needed today, yet with the advantages that come from imaging in mid wave. With fewer lenses and cameras, the thermal imaging solution's total cost, weight, and size is dramatically reduced.LightPath's President and Chief Executive Officer Sam Rubin stated, \"MANTIS represents a leap-forward in technology both for LightPath Technologies and for the market for thermal imaging. It also serves us as proof of our strategy to move up the value-chain to producing optical solutions, based on key differentiating technologies. The new, first of its kind camera leverages our proprietary Black DiamondTM glass materials and specifically is made possible through the use of the new materials we licensed last year from NRL. These materials enable the multispectral functionality and allow us to use our proprietary fabrication technologies and coatings to achieve the very broadband performance, in a small and light weight form factor.\"Thermal cameras are a $6.7 billion market today and expected to grow to $8.8 billion in 2026[1]. Of which, LightPath believes this solution can address nearly half of the applications in this market.\"With the introduction of MANTIS LightPath Technologies gains access to a huge market where our product provides a unique, compelling value proposition. This is part of the evolution LightPath is going through, and a major step in our new Strategic direction,\" LightPath Technologies CEO Sam Rubin continued.About LightPath Technologies:LightPath Technologies, Inc. is a leading global, vertically integrated provider of optics, pho...