IPG Photonics Secures $10 Million Lockheed Martin Order for CROSSBOW Counter‑UAS Laser System

IPGP
February 26, 2026

IPG Photonics announced that it has received a $10 million order from Lockheed Martin for its CROSSBOW high‑energy laser counter‑UAS system, a follow‑on order that confirms continued demand for the technology.

The order will be delivered over the next several quarters and adds a significant revenue stream to IPG’s high‑margin laser portfolio, reinforcing its strategy to diversify beyond materials processing into high‑growth defense, medical, and micromachining markets.

The CROSSBOW system, part of Lockheed Martin’s Sanctum C‑UAS ecosystem, is designed to neutralize small unmanned aircraft. IPG’s CEO Dr. Mark Gitin highlighted the order as evidence of the growing demand for deployable directed‑energy solutions and the readiness of the product.

The contract underscores IPG’s transition from a component supplier to a full laser defense systems provider, a shift noted by VP Ben Allison. The order also reflects Lockheed Martin’s commitment to integrated, layered counter‑UAS defenses, positioning IPG as a key partner in the expanding directed‑energy market.

While the $10 million order represents a modest portion of IPG’s overall revenue, it signals confidence from a major defense contractor and could pave the way for additional orders as the company continues to scale its CROSSBOW platform.

The content on EveryTicker is for informational purposes only and should not be construed as financial or investment advice. We are not financial advisors. Consult with a qualified professional before making any investment decisions. Any actions you take based on information from this site are solely at your own risk.