Aerospace and Defense Revenue Growth
Revenue from aerospace and defense grew to more than 60% of total sales by the end of 2024, with a 20% year-over-year increase to a record $110 million.
Backlog Increase
Backlog increased by more than 50% year-over-year in 2024, reaching a record $167 million.
Development of High-Energy Laser Systems
Significant progress on the Healthy 2 program to develop a one-megawatt high-energy laser, with components shipping in the second half of 2024.
New Contract Achievements
A new $25 million contract for an existing long-running missile program was announced, contributing to significant revenue growth in laser sensing markets.
Iron Dome Initiative
The U.S. President signed an executive order for a next-generation missile defense shield, potentially benefiting nLIGHT's directed energy systems.