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Lightpath Technologies Awarded Funding By European Space Agency To Advance Chalcogenide Optics For Usage In Space

PUBLIC · LPTHDec 09, 2021

Round Type

Funding Round

New YorkManufacturingAerospaceTelecommunications

Description

LightPath Technologies, Inc. (NASDAQ:LPTH) ("LightPath," the "Company," or "we"), a leading vertically integrated global manufacturer and integrator of proprietary optical and infrared components and high-level assemblies, today announced that it has been awarded a grant by the European Space Agency (ESA) to further develop chalcogenide materials for use in space applications as an alternative to germanium crystals currently in use. Drawing from, extensive expertise in optical elements production from both materials (germanium and chalcogenide glasses), LightPath's subsidiary in Latvia, ISP Optics, will evaluate and compare properties of the chalcogenide glass coated with antireflective coating with the same type of parts manufactured from germanium to validate the usage in space industry applications.

Quick answer

Lightpath raised an undisclosed amount in a Funding Round round, dated December 9, 2021. Lightpath is based in New York, New York, United States.

How much did Lightpath raise?
Lightpath raised an undisclosed amount in a Funding Round round on December 9, 2021.
What does Lightpath do?
Lightpath is revolutionizing how customers connect to their digital destinations by combining our next-generation network with our next-generation customer service.
Where is Lightpath based and how big is it?
Lightpath is based in New York, New York, United States. Fundz records about 656 employees.
Who are the decision-makers at Lightpath?
Fundz holds 3 contacts at Lightpath, including the Chief Financial Officer. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Aerospace and Telecommunications around the same time

Companies in the same sectors as Lightpath that raised within 45 days of this round, from Fundz verified event records.

  • Electra.aero raised an undisclosed amount (Series A) on January 18, 2022.
  • Hadrian raised $36M on January 7, 2022.
  • Stoke Space raised $65M on December 21, 2021.
  • Stoke Space raised $65M (Series A) on December 15, 2021.
  • ZeroAvia raised $35M (Funding Round) on December 13, 2021.
  • First Breach, Inc. raised $16M (Funding Round) on December 9, 2021.

Who to call at Lightpath, and when

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Company Information

Company

Lightpath

Location

New York, New York, United States

About

Lightpath is revolutionizing how customers connect to their digital destinations by combining our next-generation network with our next-generation customer service. Lightpath's advanced fiber-optic network offers a comprehensive portfolio of custom-engineered connectivity solutions with unparalleled performance, reliability, and security.

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Related People

3 contacts
Verified contactsAlbert M., Chief Financial Officer hidden hidden hiddenSee plans and pricing
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Lightpath raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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