▶ 19:00 · $LMT · Lockheed's NGSRI missile with Light Path optics passes critical flight test

episode briefing

I Interviewed The CEO Of A Drone Stock Supplying Anduril Growing 109%

2026-08-11 · 12 company · 12 thematic

sentiment

10 bull2 bear0 neu

speakers

CEO since March 2020; previously General Manager at Thorlabs running imaging systems division; co-founded optical communication startup XLite Photonic; engineering degree from Ben Gurion University and MBA from NYU Stern.

michael sikand

Founder of Our Future, a business-media brand focused on the next generation of founders and operators. He also hosts interviews with entrepreneurs and executives.

quote

“In May, 3 months ago, I think Loheed announced that we passed a major test and that is a guided flight test. The biggest hurdle we had. So we proved that our very innovative approach to the heatseeking missile works and performs even bette…”

—sam rubin

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Host notes Firefly's Scitec subsidiary as missile defense software play for Golden Dome

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←

▶ 19:00 · $LMT · Lockheed's NGSRI missile with Light Path optics passes critical flight test

episode briefing

Michael Sikand

I Interviewed The CEO Of A Drone Stock Supplying Anduril Growing 109%

2026-08-11 · 12 company · 12 thematic

sentiment

10 bull2 bear0 neu

speakers

sam rubin

michael sikand

Founder of Our Future, a business-media brand focused on the next generation of founders and operators. He also hosts interviews with entrepreneurs and executives.

quote

“In May, 3 months ago, I think Loheed announced that we passed a major test and that is a guided flight test. The biggest hurdle we had. So we proved that our very innovative approach to the heatseeking missile works and performs even bette…”

—sam rubin

now playing · $LMT

$LPTH···bullish· mediummichael sikand

Host frames LPTH as top small-cap defense play with 240% return and accelerating fundamentals

Stock up 240% in a year with sales doubling and backlog tripling in latest quarter; supplies Anduril, Lockheed, Raytheon; germanium-free Black Diamond glass solves critical China…

$LPTH···bullish· high· possam rubin

Light Path CEO sees doubling revenue trajectory driven by germanium-free optics and vertical integration

Black Diamond glass portfolio (18 of 20 materials exclusive) outperforms germanium on weight, cost, and temperature resilience; vertical integration via acquisitions (G5 Infrared,…

$TDY···bearish· mediumsam rubin

FLIR struggling with germanium dependency while Light Path's G5 Infrared gains share

Teledyne's FLIR division remains dependent on Chinese-controlled germanium for thermal cameras; Light Path acquired G5 Infrared and infused it with germanium-free Black Diamond ma…

$ANDURILbullish· mediumsam rubin

Anduril becoming Light Path's largest customer at >10% revenue with counter-UAS focus

Anduril embeds Light Path cameras and optical assemblies across multiple counter-UAS programs; moves fast without legacy prime constraints; shares similar newcomer DNA; relationsh…

$LPTH···bullish· mediumsam rubin

CEO projects doubling revenue to $100M+ next fiscal year with backlog visibility

CEO guides for >$100M revenue next fiscal year (vs $70M current) driven by $110M backlog representing scheduled deliveries, with capacity expansion targeting $150-200M scale.

$PERFORMANCE-DRONE-WORKSbullish· mediumsam rubin

PDW's $820M Pentagon loan signals government manufacturing scale-up Light Path may access

Pentagon Office of Strategic Capital's $820M loan to PDW demonstrates new federal funding vehicles for domestic drone manufacturing; Light Path in active discussions with multiple…

$LPTH···bullish· mediumsam rubin

NGSRI Stinger replacement program could add $50-100M/year with Lockheed partnership

Light Path's innovative heat-seeking missile approach on Lockheed's NGSRI bid passed guided flight test; offers enormous cost, size, and weight advantages over Raytheon's approach…

$LMT···bullish· mediumsam rubin

Lockheed's NGSRI missile with Light Path optics passes critical flight test

Lockheed's innovative NGSRI approach using Light Path's germanium-free infrared materials passed guided flight test, demonstrating superior cost/size/weight vs Raytheon's traditio…

$RTX···bearish· mediumsam rubin

Raytheon's NGSRI approach at significant disadvantage to Lockheed-Light Path design

Raytheon's competing NGSRI missile design uses conventional approach with far higher cost, size, and weight vs Lockheed's Light Path-enabled innovation; army unlikely to choose Ra…

$FIREFLY-AEROSPACEbullish· lowmichael sikand

Host notes Firefly's Scitec subsidiary as missile defense software play for Golden Dome

Firefly owns Scitec, a missile defense software company positioned for the Golden Dome program; host sees space-based missile detection as a major opportunity alongside Light Path…

$KRKNFbullish· lowmichael sikand

Host highlights Kraken Robotics as ingrained defense play with subsea batteries and Anduril ties

Kraken's subsea battery technology creates deep product entrenchment similar to Light Path's optics; Anduril partnership provides prime access; host sees structural lock-in advant…

$LPTH···bullish· highsam rubin

CEO targets >75% market share on US drone optical assemblies via NDAA tailwinds

CEO claims dominant position on US-made drone optics, amplified by NDAA restrictions eliminating waivers and forcing domestic sourcing, positioning Light Path as primary beneficia…