nLIGHT Inc. (NASDAQ:LASR) shares surged on Monday. The stock hit a new 52-week high of approximately $69.54.
The catalyst was a 60 Minutes segment aired Sunday night that highlighted laser weapons as a low-cost solution to Iran’s cheap drone threat.
Investor Flags nLIGHT As Key Supplier To Featured Laser System
Individual investor Marc Lehman posted on X Monday, highlighting a connection between nLIGHT and AeroVironment, noting that nLIGHT supplies technology for the AeroVironment Locust system featured in the recent 60 Minutes segment. The post drew over 21,000 impressions.
AeroVironment Inc. (NASDAQ:AVAV) manufactures the Locust laser system. The segment featured AeroVironment CEO Wahid Nawabi explaining the technology’s appeal.
“It changes the economics on how we …
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