LightPath Technologies completes sale of China operations to local management
LPTH•LightPath Technologies completed the sale of its China subsidiary on October 30, 2026. The divestiture removes about $4.5 million in average annual revenue from fiscal 2025 and 2026 from consolidation, while the former subsidiary will remain a supplier to U.S. and European customers.
1. China operations sold
LightPath Technologies completed the sale of LightPath (Zhenjiang) Optical Instrumentation on October 30, 2026. The buyer is an entity owned by members of the subsidiary’s incumbent management team, leaving LightPath with no facilities or operations in China.
2. Revenue and supply impact
The former subsidiary generated approximately $4.5 million in average annual third-party customer revenue across fiscal 2025 and 2026, which will no longer be consolidated. It will remain a third-party supplier for U.S. and European commercial customers, with no material supply impact expected.
