LightPath Secures $8 Million Investment for Drone Technology
LightPath Technologies has announced an $8 million strategic investment from Ondas Holdings Inc. and Unusual Machines, as stated in a press release. This investment involves a private placement of LightPath's Class A common stock, with each company purchasing $4 million worth of shares.
The funds will be used to support LightPath's commercialization initiatives and general corporate purposes. The investment is expected to close around September 17, 2025, pending customary closing conditions. LightPath aims to leverage this partnership to enhance its uncooled camera technology for drones, which is crucial for applications in commercial, defense, and government sectors.
Ondas Holdings, a provider of autonomous aerial and ground robot intelligence solutions, and Unusual Machines, known for NDAA-compliant drone components, see this investment as a strategic move to expand the use of LightPath's innovative optics and imaging systems in the drone industry.
We hope you enjoyed this article.
Consider subscribing to one of our newsletters like AI Funding Brief or Daily AI Brief.
Also, consider following us on social media:
More from: Funding
Subscribe to AI Funding Brief
Whitepaper
Stanford HAI’s 2025 AI Index Reveals Record Growth in AI Capabilities, Investment, and Regulation
The 2025 AI Index by Stanford HAI provides a comprehensive overview of the global state of artificial intelligence, highlighting significant advancements in AI capabilities, investment, and regulation. The report details improvements in AI performance, increased adoption in various sectors, and the growing global optimism towards AI, despite ongoing challenges in reasoning and trust. It serves as a critical resource for policymakers, researchers, and industry leaders to understand AI's rapid evolution and its implications.
Read more