LightPath shares surge 20.31% intraday after acquiring Amorphous Materials, Inc.

LightPath Technologies (LPTH) surged 20.31% intraday following the announcement that it acquired Amorphous Materials, Inc. on January 20, 2026. This strategic acquisition, reported by PR Newswire, is expected to expand LightPath’s capabilities in infrared materials and manufacturing. The move aligns with the company’s recent focus on strengthening its position in defense and industrial optics, as highlighted by prior news of U.S. Department of Defense funding for Germanium substitutes and positive analyst ratings from HC Wainwright. While the acquisition date appears to be a future anomaly, the immediate market reaction suggests strong investor confidence in LightPath’s growth trajectory and technological advancements.