nLIGHT

The Pentagon and the factory floor are the two very different customers for nLIGHT's lasers. The company designs and builds high-power semiconductor and fiber lasers, and it splits its business between aerospace and defense work, including directed-energy weapons programs, and commercial uses like metal cutting, welding, and additive manufacturing. What sets nLIGHT apart is vertical integration; it makes its own semiconductor laser chips and specialty optical fibers rather than buying them, which gives it control over performance and cost. The defense side has become the more closely watched half, as militaries fund laser weapons meant to shoot down drones and other cheap threats. That government exposure brings lumpy, program-driven revenue, while the industrial side rises and falls with manufacturing demand. Founded in 2000 and based in Camas, Washington, nLIGHT keeps its design and manufacturing in the United States, a selling point for defense buyers.

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