What G5 Infrared does

G5 Infrared, LLC is a U.S.-based manufacturer of cooled mid-wave infrared (MWIR) camera systems and integrated infrared camera modules, founded in 2011 and headquartered in Hudson, Massachusetts. The company specializes in high-end cooled infrared cameras with advanced infrared coatings capabilities, serving defense and government customers through direct procurement and programs of record. Its primary customer segment is the Defense and Government vertical, with secondary exposure to industrial thermal imaging applications. G5's product portfolio is positioned around NDAA-compliant domestic manufacturing, making it eligible for U.S. defense procurement requirements that restrict covered infrared imaging components to domestic sources.

G5's revenue mechanics are anchored in long-cycle defense and government contracts, with pricing not publicly disclosed and distribution conducted through direct channels tied to programs of record. The company generated approximately $15 million in preliminary, unaudited revenue in CY 2024 and was reported to be on the verge of being awarded large defense programs. On February 18, 2025, LightPath Technologies (NASDAQ: LPTH) acquired G5 Infrared for $27 million ($20.25 million cash and $6.75 million in common shares, plus potential performance-based earnouts), converting G5 into a wholly-owned subsidiary. Post-acquisition, G5's cooled MWIR cameras are intended to integrate with LightPath's uncooled infrared offerings and proprietary BlackDiamond chalcogenide glass to deliver full short-wave to long-wave spectral coverage, positioning the combined entity as a vertically integrated infrared optics and camera systems provider targeting an estimated $9 billion infrared imaging market and a combined revenue target of at least $55 million within 12 months of closing.

Name

G5 Infrared

Legal name

G5 Infrared, LLC

Website

https://g5ir.com

Company type

Private

Founded year

2011

Operating status

Acquired

Headcount range

11–50 employees

Short description

G5 Infrared is a U.S. manufacturer of cooled MWIR infrared cameras and modules serving defense and government customers through programs of record. Founded in 2011, it is now a wholly-owned subsidiary of LightPath Technologies following a February 2025 acquisition.

Ownership category

akta.pro rank

Product category

Infrared Imaging Systems

SIC

Search, Detection, Navagation, Guidance, Aeronautical Sys (3812), Optical Instruments & Lenses (3827)

akta.pro primary industry

Electro-Optical/Infrared (EO/IR) Sensors & Targeting Systems (IMABAGAC)

akta.pro secondary industry

Optoelectronic Receivers & Transceivers (Photodetectors/Optical Modules) (HDAHALAM)

Keywords

• Cooled infrared cameras
• MWIR imaging systems
• Infrared optical design
• Defense infrared solutions
• Infrared coatings manufacturing

Headquarters

HQ city

Hudson

HQ country

United States

HQ region

North America

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Supply Chain, Operations, Technology or R&D, Personnel, Marketing or Sales

Core offering

G5 Infrared designs and manufactures cooled Mid-Wave Infrared (MWIR) camera systems and infrared camera modules, complemented by optical and mechanical design services for complex infrared optical systems. The company's offerings include advanced infrared coatings and are positioned primarily for defense and government programs of record, with capabilities that span full infrared spectral coverage when combined with uncooled technologies.

Product overview

G5 Infrared is a specialized manufacturer of high-end cooled infrared (MWIR) camera systems and modules for defense and government markets. The company produces cooled infrared cameras with advanced infrared coatings capabilities and maintains numerous programs of record. Following its acquisition by LightPath Technologies in February 2025 for $27 million, G5's cooled camera product line was integrated with LightPath's existing uncooled offerings and proprietary BlackDiamond chalcogenide glass technology to create a vertically integrated infrared imaging solutions provider. G5 generated approximately $15 million in preliminary revenue in CY2024.

Differentiator

Problem solved

Functional benefit

Products and services

• Cooled Infrared Cameras High-end Mid-Wave Infrared (MWIR) cooled infrared camera systems featuring advanced infrared coatings capabilities, designed for defense, military surveillance, security, and government applications. Supports multiple programs of record with U.S. defense customers.
• Infrared Camera Modules Integrated infrared camera module products that complement G5's cooled camera product line, enabling integration with proprietary chalcogenide glass materials such as BlackDiamond for vertically integrated infrared imaging solutions.
• Optical and Mechanical Design Services Design services supporting complex infrared optical systems, including optical and mechanical engineering for customers requiring customized infrared imaging solutions.

Segments2 records

Ideal customer profiles2 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature2 records

Scale indicators4 records

Recent moves3 records

Expansion highlights4 records

Broad incumbents

• Thales: Thales is a large European defense and aerospace prime with significant infrared detector and EO/IR system capabilities (including its stake in Lynred historically). Comparable to G5 in cooled IR technology and defense applications, but at much larger scale and broader portfolio.
• BAE Systems Electronic Systems: BAE Systems is a major global defense prime that supplies EO/IR sensors and imaging systems across multiple platforms. Comparable to G5 in defense EO/IR applications but operates as a broad incumbent rather than a niche cooled-IR specialist.
• RTX (Raytheon): RTX, through Raytheon and Collins Aerospace, is a major U.S. defense prime supplying EO/IR sensors and targeting systems. Overlaps with G5 in defense IR applications as part of a broad, multi-domain defense portfolio rather than as a focused cooled-IR supplier.
• L3Harris Technologies: L3Harris is a large U.S. defense prime with significant EO/IR sensor and targeting system offerings across air, land, and maritime platforms. Overlaps with G5 in defense IR applications but as part of a much broader defense electronics portfolio rather than a focused IR specialist.

Emerging players

• Semi-Conductor Devices (SCD): SCD is an Israeli specialist in cooled and uncooled infrared detectors and integrated detector cooler assemblies (IDCAs). Comparable to G5 in cooled IR detector technology serving global defense customers, though typically without full camera-level integration.
• Tonbo Imaging: Tonbo Imaging is an India-based emerging player specializing in cooled and uncooled infrared imaging systems for defense and surveillance applications. Comparable to G5 as a niche cooled-IR camera specialist targeting defense customers in a non-U.S. geography.

Direct peers

• Lynred: Lynred (formerly Sofradir/ULIS) is a leading European manufacturer of cooled and uncooled infrared detectors and camera modules for defense, aerospace, and commercial applications. Directly comparable to G5 as a cooled IR detector/camera specialist serving defense primes.
• Teledyne FLIR: Teledyne FLIR is the dominant Western supplier of cooled and uncooled infrared cameras and imaging systems for defense, industrial, and commercial markets. It is the most direct comparable to G5 in cooled MWIR camera technology and defense/government customer base.
• Leonardo DRS: Leonardo DRS is a U.S. defense electronics provider with a significant electro-optical/infrared sensor business supplying cooled and uncooled IR systems to DoD customers. Directly competes with G5 in U.S. defense EO/IR programs of record.
• Collins Aerospace (Sensors Unlimited): Collins Aerospace's Sensors Unlimited unit produces SWIR and related IR imaging cameras and modules for defense and industrial applications. Directly comparable to G5 in infrared camera module technology and defense customer base.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks5 records

Key highlights7 records

Customer concentration

• Xx.com/g5ir

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about G5 Infrared