The second major market is defense aerospace, which is increasingly driving optical systems to smaller size, weight, and power, or SWAP. We believe there are opportunities in a broad range of products from autonomous vehicles to directed energy weapons. Interest in budgets for these types of systems have increased substantially given the wars in Ukraine and Iran. We are adding resources and emphasis here, as evidenced by our recent participation at the SPIE Defense and Security Conference at the National Harbor in Maryland just two weeks ago.

May 13, 2026 / CEO / receipt, needs a key / Dr. Joe Forkey, CEO | earnings call 2026-05-13 | transcript 99b594a7-37bb-4645-8b52-e37989b18889 | chars 12223-12771 | segment 12