____________________________________________________________________________________ LightPath Technologies
intrusion detection and many military applications. This transition highlighted the inherent value of our technologies- the real value lies in using our optical materials and components to build a complete system, which is far more profitable. Making these systems meant we started going upstream, first organically and then through acquisitions; we have completed three acquisitions to date, two of which are in the camera business, one in optical material. We acquired G5 Infrared a year ago, who make the imaging cameras for long-distance detection – those cameras can see a drone from 15 kilometers away. It’ s a highly innovative company with an incredible product and it needed to be part of something bigger to start scaling, so we were able to leverage our optical materials in strengthening their product. This combination is now growing exponentially, and our backlog of future deliveries has grown four times larger than it was. We are continuing to grow and it’ s
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