LightPath's Mantis Camera to Provide Accurate and Reliable Monitoring of Boilers and Furnaces in Power Plants
ORLANDO, FL / ACCESSWIRE / May 15, 2024 / LightPath Technologies, Inc. (NASDAQ:LPTH) ("LightPath," the "Company," or "we"), a leading vertically integrated global manufacturer and integrator of proprietary optical and infrared technologies, has completed development and received qualification of a new version of its Mantis™ camera, specifically designed for monitoring high-temperature processes inside boilers and furnaces in power plants.
Industrial and power plant settings, with their extremely high and low-temperature processes, currently rely on using Pyrometers or cameras that can only image a small range of temperatures to monitor progress and process safety. However, LightPath's new camera, which was tested and qualified at customer sites that utilize central Appalachian Coal and Biomass in South Carolina, offers a superior solution. The Mantis camera provides more accurate and reliable monitoring of extreme-temperature processes across a much larger range of temperatures than current technology, including Utility & Recovery Boilers, Furnaces, and Kilns, enhancing process safety and efficiency for our customers.
LightPath announced the first version of its Broadband uncooled Mantis™ camera in December 2022, followed by additional versions designed for long-range detection and other specific customer applications. The Mantis camera enables thermal imaging to view the key mid wavelength without an expensive cryogenic cooling device like other cameras, significantly reducing per-camera expense. The field qualification of a new version of the camera signifies the considerable value in the innovation of developing an uncooled camera operating in the mid-wave and allows LightPath to tap into a new market, as well as expand its existing business in that market.
The global market for furnace monitoring cameras is estimated to be over $500 million a year across many industries including pulp manufacturing, power plants, steel mills, glass production and more. With the increasing global shift towards new power plants and the conversion of old coal burning plants, Following the G7 decision to further restrict 90% of fossil fuel electric generation facilities by 2035, the market for process monitoring cameras is poised for significant growth. LightPath, with its innovative new camera, is well positioned to tap into this expanding market and further strengthen its presence in the industry.
About LightPath Technologies
LightPath Technologies, Inc. (NASDAQ: LPTH) is a leading global, vertically integrated provider of optics, photonics and infrared solutions for the industrial, commercial, defense, telecommunications, and medical industries. LightPath designs and manufactures proprietary optical and infrared components including molded glass aspheric lenses and assemblies, custom molded glass freeform lenses, infrared lenses and thermal imaging assemblies, fused fiber collimators, and proprietary Black Diamond™ ("BD6") chalcogenide-based glass lenses. LightPath also offers custom optical assemblies, including full engineering design support. The Company is headquartered in Orlando, Florida, with manufacturing and sales offices in Dallas Texas, Latvia and China.
LightPath's wholly-owned subsidiary, Visimid Technologies, was acquired in July 2023, and specializes in the design and development of customized infrared cameras, for the industrial and defense industries. Such customized cameras are often sold together with customized optical assemblies from LightPath.
LightPath's wholly-owned subsidiary, ISP Optics Corporation, manufactures a full range of infrared products from high-performance MWIR and LWIR lenses and lens assemblies. ISP's infrared lens assembly product line includes athermal lens systems used in cooled and un-cooled thermal imaging cameras. Manufacturing is performed in-house to provide precision optical components including spherical, aspherical and diffractive coated infrared lenses.
For more information on LightPath and its businesses, please visit www.lightpath.com.
Forward-Looking Statements
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Sales Contact:
Jason Messerschmidt
VP Global Sales & Marketing
[email protected]
+570 449 5555
Contact:
Brian M. Prenoveau, CFA
MZ Group - MZ North America
[email protected]
+561 489 5315
SOURCE: LightPath Technologies, Inc.