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nLight reported record revenues of $261 million for 2025, a 32% increase from the previous year, primarily driven by a 60% surge in aerospace and defense sales totaling $175 million. The company reduced its annual pre-tax loss to $22.8 million from $60.9 million.

The increased demand allowed nLight to raise $190 million in a stock offering to develop a new manufacturing facility in Colorado. nLight is transitioning away from traditional industrial applications, focusing on defense, and plans to showcase a new 70 kW laser weapon. Revenue estimates for Q1 2026 range from $70 million to $76 million.