LightPath Technologies Achieves Significant Milestone by Joining Russell 3000® Index

LightPath Technologies Achieves Inclusion in Russell 3000® Index

ORLANDO, Fla., June 29, 2026 - LightPath Technologies, Inc. (NASDAQ: LPTH), renowned for its next-generation optics and imaging systems, is proud to announce its recent addition to the Russell 3000® Index as of today. This recognition not only symbolizes the company's significant growth trajectory but also enhances its visibility within the investment community.

The Importance of Inclusion

Being included in the Russell 3000® Index reflects LightPath's expanding role as a key player in both defense and commercial optics. The Russell Indexes encompass the largest U.S. stocks, ranked by market capitalization, which ensures that LightPath is now sitting among prominent corporations in the market. This membership, as noted by the reconstitution of the Russell indexes in June, is particularly significant as it solidifies LightPath's status in a competitive sector.

Sam Rubin, President and CEO of LightPath, stated, "We are thrilled to join the Russell 2000 and 3000 indexes. This milestone is a testament to our robust growth and market capitalization over the past year. As we've scaled our operations to become a leading infrared optics provider for the U.S. and allies, this inclusion will enhance our visibility and improve our trading liquidity."

Growth and Market Position

The criteria for entry into such esteemed indexes are largely based on objective market-capitalization rankings and style attributes, evaluated by FTSE Russell. This process ensures that only companies with significant market presence and potential growth are recognized.

LightPath's solutions range from proprietary BlackDiamond™ chalcogenide-based glass materials to complete infrared optical systems. The company operates from its main manufacturing facility in Orlando, Florida, with additional operations in Texas, New Hampshire, Latvia, and China. This geographical diversity not only supports its comprehensive product offerings but also enhances its capabilities to deliver state-of-the-art optical solutions to its clients.

Leveraging Index Membership

Membership in the Russell 3000® Index also provides numerous benefits for LightPath. Primarily, it allows institutional investors a benchmark for evaluating active investment strategies. With approximately $12.2 trillion in assets benchmarked against Russell U.S. indexes, inclusion positions LightPath for heightened attention from investors and stakeholders.

Moreover, the automatic classification into the small-cap Russell 2000® Index and respective growth and value style indexes will further broaden their market exposure. As a result, LightPath expects not only an expansion of its shareholder base but also increased trading liquidity moving forward.

Looking Ahead

The journey ahead seems promising for LightPath Technologies, as it aims to continue its growth trajectory within the optics industry. The executives believe that this significant leap into the Russell indexes will bolster its strategic vision of becoming a vertically integrated leader in the next-generation optical solutions sector.

The implications of joining the Russell 3000® Index are profound, suggesting a period of enhanced focus and investment in innovation by LightPath as it aligns its growth strategies with the needs of its large customer base across defense and commercial sectors.

Explore more about LightPath's offerings and innovations by visiting www.lightpath.com.