{"success":true,"data":{"pressRelease":{"id":"163130","rtpr_id":"nACShXx6Ja-20261007","ticker":"LPTH","exchange":"NASDAQ","all_tickers":["LPTH"],"title":"LightPath Technologies Appoints Photonics and Infrared Veteran Scott Payette as Vice President and General Manager of G5 Infrared","author":"ACCESSWIRE","published_at":"2026-10-07T12:31:00.430Z","article_body":"ORLANDO, FL / ACCESS Newswire (https://www.accessnewswire.com/) / October 7,\n2026 / LightPath Technologies, Inc. (https://pr.report/s4um) (NASDAQ:LPTH)\n(\"LightPath,\" the \"Company,\" \"we,\" or \"our\"), a leading provider of\nnext-generation optics and imaging systems for both defense and commercial\napplications, today announced the appointment of Scott Payette as Vice\nPresident of LightPath and General Manager of the Company's G5 Infrared\nsubsidiary, effective October 12, 2026. Based in Hudson, New Hampshire, and\nacquired by LightPath in February 2025, G5 Infrared designs and manufactures\nhigh-performance cooled infrared camera systems for long-range defense, border\nsecurity and counter-UAS applications.\n\nAn entrepreneurial leader with more than 30 years of experience in photonics,\noptical systems and infrared technology, Mr. Payette is known for driving\nprofitable growth, leading turnarounds and delivering successful exits. Most\nrecently, he served as Director of Production at Anduril Industries, where he\nled new product introduction and production line build-out for infrared\noptical systems. Before joining Anduril in 2023, he was Chief Operating\nOfficer of Copious Imaging, a developer of AI-based infrared detection\nsensors.\n\nMr. Payette began his career as an optical physicist at Holographix and later\nco-founded Diamond Turning, Inc., which was acquired by OASYS Technology in\n2006. As Managing Partner of OASYS, he helped lead the company through its\n2010 acquisition by BAE Systems. He went on to lead optical component\nbusinesses at BAE Systems and at Wilcox Industries, where he built an in-house\ndiamond turning business unit from the ground up. Mr. Payette holds a Master\nof Business Administration from Northeastern University and a Bachelor of\nScience in Physics, with a concentration in optics, from the University of\nMassachusetts Lowell, and is a co-inventor on a U.S. patent for optical\ncoating technology.\n\nManagement Commentary\n\n\"Scott is a proven builder of optics and infrared businesses, and he brings\nexactly the operating experience we were looking for to help lead the Company\nthrough its next phase of growth,\" said Sam Rubin, President and Chief\nExecutive Officer of LightPath. \"G5 has been central to our transition from a\ncomponent supplier to a provider of complete camera systems, and it is now\nramping cooled infrared camera production against a series of the largest\norders in our history. Scott's recent experience bringing infrared optical\nsystems into production, combined with his deep roots in precision optics\nmanufacturing, makes him ideally suited to scale G5's operations and help\nconvert our backlog into revenue.\n\n\"Scott also joins at an important point in G5's product roadmap, as we\nfinalize the redesign of the G5 cooled camera family to use our proprietary\nBlackDiamond™ glass. Together with Michael Amorelli's recent promotion to VP\nEngineering, Imaging Systems, Scott's appointment strengthens our imaging\nsystems leadership as defense and security customers increasingly seek\ninfrared cameras backed by secure, domestic supply chains,\" concluded Rubin.\n\nMr. Payette added: \"G5 Infrared has earned an outstanding reputation in\nlong-range cooled infrared imaging, and, as part of LightPath, it has an\nadvantage few camera makers can match - a vertically integrated platform\nspanning proprietary BlackDiamond(™) materials, precision optics and\ncomplete imaging systems. That combination is increasingly important as\ncustomers work around germanium supply constraints. I've spent my career at\nthe intersection of optics, infrared systems and manufacturing, and I look\nforward to working with the talented team in Hudson to grow the business and\ndeliver on the significant opportunities ahead.\"\n\nAbout LightPath Technologies\n\nLightPath Technologies, Inc. (NASDAQ:LPTH) is a leading provider of\nnext-generation optics and imaging systems for both defense and commercial\napplications. As a vertically integrated solutions provider with in-house\nengineering design support, LightPath's family of custom solutions range from\nproprietary BlackDiamond(™) chalcogenide-based glass materials - sold under\nexclusive license from the U.S. Naval Research Laboratory - to complete\ninfrared optical systems and thermal imaging assemblies. The Company's primary\nmanufacturing footprint is located in Orlando, Florida with additional\nfacilities in Texas, New Hampshire and Latvia. To learn more, please visit\nwww.lightpath.com.\n\nForward-Looking Statements\n\nThis press release includes statements that constitute forward-looking\nstatements made pursuant to the safe harbor provisions of the Private\nSecurities Litigation Reform Act of 1995. Forward-looking statements may be\nidentified by the use of words such as \"forecast,\" \"guidance,\" \"plan,\"\n\"estimate,\" \"will,\" \"would,\" \"project,\" \"maintain,\" \"intend,\" \"expect,\"\n\"anticipate,\" \"prospect,\" \"strategy,\" \"future,\" \"likely,\" \"may,\" \"should,\"\n\"believe,\" \"continue,\" \"opportunity,\" \"potential,\" and other similar\nexpressions that predict or indicate future events or trends or that are not\nstatements of historical matters. These forward-looking statements include,\nwithout limitation, statements regarding: (i) the anticipated effective date\nof Mr. Payette's appointment and his expected contributions in his new role;\n(ii) the expected scaling of G5 Infrared's operations and the conversion of\nthe Company's backlog into revenue; (iii) the expected completion of the\nredesign of G5 Infrared's cooled camera family to use BlackDiamond(™) glass;\nand (iv) expectations regarding future growth, revenue and gross margins.\nThese forward-looking statements are based on information available at the\ntime the statements are made and/or management's good faith belief as of that\ntime with respect to future events and are subject to risks and uncertainties\nthat could cause actual results to differ materially from those expressed in\nor suggested by the forward-looking statements. Factors that could cause or\ncontribute to such differences include, but are not limited to, the ability of\nthe Company to attract and retain key personnel; the impact of varying demand\nfor the Company products; the ability of the Company to obtain needed raw\nmaterials and components from its suppliers; the impact of tariffs and other\ngovernmental trade restrictions; general economic uncertainty in key global\nmarkets and a worsening of global economic conditions or low levels of\neconomic growth; geopolitical tensions and conflicts; the effects of steps\nthat the Company could take to reduce operating costs; the inability of the\nCompany to sustain profitable sales growth, convert inventory to cash, or\nreduce its costs to maintain competitive prices for its products;\ncircumstances or developments that may make the Company unable to implement or\nrealize the anticipated benefits, or that may increase the costs, of its\ncurrent and planned business initiatives; and those factors detailed by the\nCompany in its public filings with the Securities and Exchange Commission (the\n\"SEC\"), including its Annual Report on Form 10-K and other filings with the\nSEC. Should one or more of these risks, uncertainties, or facts materialize,\nor should underlying assumptions prove incorrect, actual results may vary\nmaterially from those indicated or anticipated by the forward-looking\nstatements contained herein. Accordingly, you are cautioned not to place undue\nreliance on these forward-looking statements, which speak only as of the date\nthey are made. Forward-looking statements should not be read as a guarantee of\nfuture performance or results and will not necessarily be accurate indications\nof the times at, or by, which such performance or results will be achieved.\nExcept as required under the federal securities laws and the rules and\nregulations of the SEC, we do not have any intention or obligation to update\npublicly any forward-looking statements, whether as a result of new\ninformation, future events, or otherwise.\n\nInvestor Relations Contact\nLucas A. Zimmerman\nManaging Director\nMZ Group - MZ North America\nLPTH@mzgroup.us\n+1 (949) 259-4987\n\nSOURCE: LightPath Technologies, Inc.\nView the original press release\n(https://www.accessnewswire.com/newsroom/en/computers-technology-and-internet/lightpath-technologies-appoints-photonics-and-infrared-veteran-sc-1233760)\non ACCESS Newswire\n\n\nCopyright 2026 ACCESS Newswire. All Rights Reserved.","article_body_html":"","raw_payload":{"data":{"id":"nACShXx6Ja-20261007","title":"LightPath Technologies Appoints Photonics and Infrared Veteran Scott Payette as Vice President and General Manager of G5 Infrared","author":"ACCESSWIRE","ticker":"LPTH","created":"2026-10-07T12:31:00.430Z","tickers":["LPTH"],"exchange":"NASDAQ","article_body":"ORLANDO, FL / ACCESS Newswire (https://www.accessnewswire.com/) / October 7,\n2026 / LightPath Technologies, Inc. (https://pr.report/s4um) (NASDAQ:LPTH)\n(\"LightPath,\" the \"Company,\" \"we,\" or \"our\"), a leading provider of\nnext-generation optics and imaging systems for both defense and commercial\napplications, today announced the appointment of Scott Payette as Vice\nPresident of LightPath and General Manager of the Company's G5 Infrared\nsubsidiary, effective October 12, 2026. Based in Hudson, New Hampshire, and\nacquired by LightPath in February 2025, G5 Infrared designs and manufactures\nhigh-performance cooled infrared camera systems for long-range defense, border\nsecurity and counter-UAS applications.\n\nAn entrepreneurial leader with more than 30 years of experience in photonics,\noptical systems and infrared technology, Mr. Payette is known for driving\nprofitable growth, leading turnarounds and delivering successful exits. Most\nrecently, he served as Director of Production at Anduril Industries, where he\nled new product introduction and production line build-out for infrared\noptical systems. Before joining Anduril in 2023, he was Chief Operating\nOfficer of Copious Imaging, a developer of AI-based infrared detection\nsensors.\n\nMr. Payette began his career as an optical physicist at Holographix and later\nco-founded Diamond Turning, Inc., which was acquired by OASYS Technology in\n2006. As Managing Partner of OASYS, he helped lead the company through its\n2010 acquisition by BAE Systems. He went on to lead optical component\nbusinesses at BAE Systems and at Wilcox Industries, where he built an in-house\ndiamond turning business unit from the ground up. Mr. Payette holds a Master\nof Business Administration from Northeastern University and a Bachelor of\nScience in Physics, with a concentration in optics, from the University of\nMassachusetts Lowell, and is a co-inventor on a U.S. patent for optical\ncoating technology.\n\nManagement Commentary\n\n\"Scott is a proven builder of optics and infrared businesses, and he brings\nexactly the operating experience we were looking for to help lead the Company\nthrough its next phase of growth,\" said Sam Rubin, President and Chief\nExecutive Officer of LightPath. \"G5 has been central to our transition from a\ncomponent supplier to a provider of complete camera systems, and it is now\nramping cooled infrared camera production against a series of the largest\norders in our history. Scott's recent experience bringing infrared optical\nsystems into production, combined with his deep roots in precision optics\nmanufacturing, makes him ideally suited to scale G5's operations and help\nconvert our backlog into revenue.\n\n\"Scott also joins at an important point in G5's product roadmap, as we\nfinalize the redesign of the G5 cooled camera family to use our proprietary\nBlackDiamond™ glass. Together with Michael Amorelli's recent promotion to VP\nEngineering, Imaging Systems, Scott's appointment strengthens our imaging\nsystems leadership as defense and security customers increasingly seek\ninfrared cameras backed by secure, domestic supply chains,\" concluded Rubin.\n\nMr. Payette added: \"G5 Infrared has earned an outstanding reputation in\nlong-range cooled infrared imaging, and, as part of LightPath, it has an\nadvantage few camera makers can match - a vertically integrated platform\nspanning proprietary BlackDiamond(™) materials, precision optics and\ncomplete imaging systems. That combination is increasingly important as\ncustomers work around germanium supply constraints. I've spent my career at\nthe intersection of optics, infrared systems and manufacturing, and I look\nforward to working with the talented team in Hudson to grow the business and\ndeliver on the significant opportunities ahead.\"\n\nAbout LightPath Technologies\n\nLightPath Technologies, Inc. (NASDAQ:LPTH) is a leading provider of\nnext-generation optics and imaging systems for both defense and commercial\napplications. As a vertically integrated solutions provider with in-house\nengineering design support, LightPath's family of custom solutions range from\nproprietary BlackDiamond(™) chalcogenide-based glass materials - sold under\nexclusive license from the U.S. Naval Research Laboratory - to complete\ninfrared optical systems and thermal imaging assemblies. The Company's primary\nmanufacturing footprint is located in Orlando, Florida with additional\nfacilities in Texas, New Hampshire and Latvia. To learn more, please visit\nwww.lightpath.com.\n\nForward-Looking Statements\n\nThis press release includes statements that constitute forward-looking\nstatements made pursuant to the safe harbor provisions of the Private\nSecurities Litigation Reform Act of 1995. Forward-looking statements may be\nidentified by the use of words such as \"forecast,\" \"guidance,\" \"plan,\"\n\"estimate,\" \"will,\" \"would,\" \"project,\" \"maintain,\" \"intend,\" \"expect,\"\n\"anticipate,\" \"prospect,\" \"strategy,\" \"future,\" \"likely,\" \"may,\" \"should,\"\n\"believe,\" \"continue,\" \"opportunity,\" \"potential,\" and other similar\nexpressions that predict or indicate future events or trends or that are not\nstatements of historical matters. These forward-looking statements include,\nwithout limitation, statements regarding: (i) the anticipated effective date\nof Mr. Payette's appointment and his expected contributions in his new role;\n(ii) the expected scaling of G5 Infrared's operations and the conversion of\nthe Company's backlog into revenue; (iii) the expected completion of the\nredesign of G5 Infrared's cooled camera family to use BlackDiamond(™) glass;\nand (iv) expectations regarding future growth, revenue and gross margins.\nThese forward-looking statements are based on information available at the\ntime the statements are made and/or management's good faith belief as of that\ntime with respect to future events and are subject to risks and uncertainties\nthat could cause actual results to differ materially from those expressed in\nor suggested by the forward-looking statements. Factors that could cause or\ncontribute to such differences include, but are not limited to, the ability of\nthe Company to attract and retain key personnel; the impact of varying demand\nfor the Company products; the ability of the Company to obtain needed raw\nmaterials and components from its suppliers; the impact of tariffs and other\ngovernmental trade restrictions; general economic uncertainty in key global\nmarkets and a worsening of global economic conditions or low levels of\neconomic growth; geopolitical tensions and conflicts; the effects of steps\nthat the Company could take to reduce operating costs; the inability of the\nCompany to sustain profitable sales growth, convert inventory to cash, or\nreduce its costs to maintain competitive prices for its products;\ncircumstances or developments that may make the Company unable to implement or\nrealize the anticipated benefits, or that may increase the costs, of its\ncurrent and planned business initiatives; and those factors detailed by the\nCompany in its public filings with the Securities and Exchange Commission (the\n\"SEC\"), including its Annual Report on Form 10-K and other filings with the\nSEC. Should one or more of these risks, uncertainties, or facts materialize,\nor should underlying assumptions prove incorrect, actual results may vary\nmaterially from those indicated or anticipated by the forward-looking\nstatements contained herein. Accordingly, you are cautioned not to place undue\nreliance on these forward-looking statements, which speak only as of the date\nthey are made. Forward-looking statements should not be read as a guarantee of\nfuture performance or results and will not necessarily be accurate indications\nof the times at, or by, which such performance or results will be achieved.\nExcept as required under the federal securities laws and the rules and\nregulations of the SEC, we do not have any intention or obligation to update\npublicly any forward-looking statements, whether as a result of new\ninformation, future events, or otherwise.\n\nInvestor Relations Contact\nLucas A. Zimmerman\nManaging Director\nMZ Group - MZ North America\nLPTH@mzgroup.us\n+1 (949) 259-4987\n\nSOURCE: LightPath Technologies, Inc.\nView the original press release\n(https://www.accessnewswire.com/newsroom/en/computers-technology-and-internet/lightpath-technologies-appoints-photonics-and-infrared-veteran-sc-1233760)\non ACCESS Newswire\n\n\nCopyright 2026 ACCESS Newswire. All Rights Reserved."},"type":"article","timestamp":"2026-10-07T12:31:00.48833533Z","server_sent_at_ms":1791376260488},"received_at":"2026-10-07T12:31:00.538Z","source_url":"https://www.accessnewswire.com/newsroom/en/computers-technology-and-internet/lightpath-technologies-appoints-photonics-and-infrared-veteran-sc-1233760"},"analysis":{"id":"151589","press_release_id":"163130","analysis_json":{"industry":{"label":"Electronic Equipment, Instruments & Components","sector":"Information Technology"},"redFlags":[],"eventType":"executive_change","narrative":"LightPath Technologies appointed Scott Payette as VP and General Manager of its G5 Infrared subsidiary, effective October 12, 2026.\n\nPayette brings 30+ years in photonics and infrared systems, most recently leading infrared optical production at Anduril Industries.\n\nCEO Sam Rubin said G5 is ramping cooled infrared camera production against the largest orders in company history, and Payette's production experience should help convert backlog into revenue.\n\nThe hire coincides with a redesign of the G5 cooled camera family to use LightPath's proprietary BlackDiamond glass amid germanium supply constraints.","sentiment":"bullish","agentHooks":{"shouldPost":false,"suggestedAngle":"Subsidiary GM hire with Anduril production pedigree as G5 ramps record-order cooled camera production."},"keyFigures":{"customDimensions":{"effective_date":"October 12, 2026","g5_acquisition_date":"February 2025","payette_years_experience":"more than 30 years"}},"quotedText":"G5 has been central to our transition from a component supplier to a provider of complete camera systems, and it is now ramping cooled infrared camera production against a series of the largest orders in our history.","namedEntities":{"people":[{"name":"Scott Payette","role":"VP and General Manager of G5 Infrared (incoming)"},{"name":"Sam Rubin","role":"President and CEO of LightPath"},{"name":"Michael Amorelli","role":"VP Engineering, Imaging Systems"}],"products":["BlackDiamond™ chalcogenide-based glass","G5 cooled infrared camera family"],"companies":[{"name":"LightPath Technologies, Inc.","ticker":"LPTH","relationship":"filer"},{"name":"G5 Infrared","relationship":"subsidiary"},{"name":"Anduril Industries","relationship":"Payette's prior employer"},{"name":"Copious Imaging","relationship":"Payette's prior employer"},{"name":"BAE Systems","relationship":"mentioned (Payette prior employer)"},{"name":"Holographix","relationship":"mentioned"},{"name":"OASYS Technology","relationship":"mentioned"},{"name":"Wilcox Industries","relationship":"mentioned"},{"name":"MZ Group - MZ North America","relationship":"investor relations"}],"dollarAmounts":[]},"materialImpact":{"score":2,"reasoning":"Appointment of a subsidiary GM (VP/GM of G5 Infrared), not a CEO/CFO departure. Modestly positive given Payette's infrared production experience at Anduril and the context of ramping cooled camera production against record orders."},"tickerRelevance":{"others":[],"primary":"LPTH"},"globalImportance":20,"audienceRelevance":25,"eventTypeSecondary":[],"importanceComponents":{"tickerTier":"small-cap","eventGravity":"subsidiary-GM-appointment","sectorWeight":"defense-optics-interest","retailFavoriteBoost":"minor"}},"event_type":"executive_change","event_type_secondary":null,"sentiment":"bullish","material_impact_score":2,"narrative":"LightPath Technologies appointed Scott Payette as VP and General Manager of its G5 Infrared subsidiary, effective October 12, 2026.\n\nPayette brings 30+ years in photonics and infrared systems, most recently leading infrared optical production at Anduril Industries.\n\nCEO Sam Rubin said G5 is ramping cooled infrared camera production against the largest orders in company history, and Payette's production experience should help convert backlog into revenue.\n\nThe hire coincides with a redesign of the G5 cooled camera family to use LightPath's proprietary BlackDiamond glass amid germanium supply constraints.","key_figures":{"customDimensions":{"effective_date":"October 12, 2026","g5_acquisition_date":"February 2025","payette_years_experience":"more than 30 years"}},"named_entities":{"people":[{"name":"Scott Payette","role":"VP and General Manager of G5 Infrared (incoming)"},{"name":"Sam Rubin","role":"President and CEO of LightPath"},{"name":"Michael Amorelli","role":"VP Engineering, Imaging Systems"}],"products":["BlackDiamond™ chalcogenide-based glass","G5 cooled infrared camera family"],"companies":[{"name":"LightPath Technologies, Inc.","ticker":"LPTH","relationship":"filer"},{"name":"G5 Infrared","relationship":"subsidiary"},{"name":"Anduril Industries","relationship":"Payette's prior employer"},{"name":"Copious Imaging","relationship":"Payette's prior employer"},{"name":"BAE Systems","relationship":"mentioned (Payette prior employer)"},{"name":"Holographix","relationship":"mentioned"},{"name":"OASYS Technology","relationship":"mentioned"},{"name":"Wilcox Industries","relationship":"mentioned"},{"name":"MZ Group - MZ North America","relationship":"investor relations"}],"dollarAmounts":[]},"model_name":"glm-5.3-flashx","prompt_hash":"sha256:5c812bd9e28b810d","schema_hash":"sha256:05005c02d9cffac9","created_at":"2026-10-07T12:31:06.571Z","global_importance":20,"audience_relevance":25,"importance_components":{"tickerTier":"small-cap","eventGravity":"subsidiary-GM-appointment","sectorWeight":"defense-optics-interest","retailFavoriteBoost":"minor"}},"durationMs":6027,"modelName":"glm-5.3-flashx"}}