LightPath Technologies Signs a $1.1 Million Development Contract With Raytheon Vision Systems

LightPath Technologies LPTH announces today that it has entered into a $1.1 million research & development contract with Raytheon Vision Systems RTN. The contract is for development of low cost manufacturing processes for infrared optics and is in support of Raytheon Vision Systems' $13.4 million Defense Advanced Research Projects Agency (DARPA), Low Cost Thermal Imaging Manufacturing (LCTI-M) program. The goal of LCTI-M is to develop a wafer scale manufacturing process that will result in a camera on a chip, making thermal imagers affordable, accessible, and ubiquitous to every warfighter.