LightPath Technologies has transformed into a vertically integrated infrared optics and imaging systems provider, reporting a 109% year-over-year revenue increase to $19.1 million in Q3 and a 700 basis point gross margin expansion to 36%. The company achieved positive adjusted EBITDA for the third consecutive quarter, supported by a record $110 million backlog and the acquisition of Amorphous Materials, which doubles its glass capacity. This positions LightPath to benefit from U.S. defense supply chain mandates, especially as it replaces China-sourced germanium with BlackDiamond. The company aims for over $300 million in annual revenue, with a buy rating and a $17 price target reflecting 50% upside potential.
A regional nonprofit health plan reduced its Transparency in Coverage machine-readable file (MRF) production time from 45 days to less than 24 hours by integrating TALON's platform directly with its claims administration system. This eliminated a com...
ASUS has introduced two new Chromebooks in the US market: the budget-friendly CM15 laptop and the versatile CM32 Detachable 2-in-1 device. Both run on the MediaTek Kompanio 540 processor, offer up to 12 hours of battery life, and feature military-gra...
Slate Medicines, a biotech firm focused on migraine treatments, has appointed Mark W. Hahn to its Board of Directors. Hahn brings over 25 years of experience in life sciences, including leading companies through financial milestones and FDA approvals...
The global clinical trials market is projected to grow from $135.51 billion in 2026 to $176.32 billion by 2030, at a CAGR of 6.8%. Growth is fueled by advances in AI-enabled trial design, decentralized and hybrid trial platforms, and increasing deman...
The global hybrid robots market is projected to grow from $5.68 billion in 2026 to $10.03 billion by 2030, with a CAGR of 15.3%. Growth is fueled by advances in AI, autonomous operations, and smart manufacturing, alongside rising demand for robots in...
