BUZZ-nLIGHT soars on $627 million JLWS contract award
NLIGHT, INC.
NLIGHT, INC. LASR | 0.00 |
** Shares of semiconductor and fiber laser provider nLIGHT LASR.O soar 30% to $76.28, their highest since June 4
** The U.S. Department of War selects LASR for a Joint Laser Weapon System program, with an initial award of $44 million and a total program ceiling of up to $627 million
** Prototypes to start at 150 kW, scale to 300-500 kW for cruise missile defense
** Including session's moves, stock up 100.53% YTD
