LightPath Technologies Completes Divestiture of China Operations
LightPath Technologies completed the sale of its wholly owned subsidiary, LightPath (Zhenjiang) Optical Instrumentation Co., Ltd., to its incumbent management team, effective October 30, 2026. This divestiture eliminates LightPath’s operational presence in China and removes approximately $4.5 million in annual third-party revenue from its consolidated results. The strategic move enhances the company’s focus on delivering secure, NDAA-compliant optics and imaging solutions for defense and commercial markets.
LightPath Technologies, Inc. said it closed the previously announced sale of its wholly owned subsidiary, LightPath (Zhenjiang) Optical Instrumentation Co., Ltd. (LPOIZ), effective October 30, 2026.
The transaction included LPOIZ’s manufacturing facility and operations in China. The buyer was an entity owned by members of LPOIZ’s incumbent management team.
Following the closing, LightPath no longer has any facilities or operations based in China. Revenue from the China operation’s third-party customers, which averaged approximately $4.5 million annually across fiscal years 2025 and 2026, will no longer be included in the company’s consolidated results.
LightPath, a provider of next-generation optics and imaging systems for defense and commercial applications, said the divestiture reinforces its position as a provider of secure, NDAA-compliant optics and imaging solutions for defense and commercial markets.
This article may include AI-generated content that is human-reviewed, which is for reference and general information purposes only and does not constitute investment advice.
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