LPTH is trading 10% up at $18.70 in pre-market, extending a sharp multi-day rally following recent defense-focused news.
- The move follows highlights regarding Pentagon drone work and Lockheed Martin satellite opportunities tied to the Visimid acquisition.
- Investors view the integration of Visimid as a major growth catalyst for the company's defense and aerospace segments.
- Broader U.S. equity futures are also firmer, providing a supportive backdrop for continued upside momentum.