Photonics & directed energy

Coverage of high-energy lasers, high-power microwave systems and the photonics supply chain behind them.

Why this segment matters

Directed energy is the most cited answer to the cost asymmetry created by cheap drones: an interceptor missile costing far more than the target it destroys is an unsustainable exchange, while a laser shot costs comparatively little. That arithmetic explains sustained funding interest despite decades of slower-than-promised progress.

The obstacles are engineering rather than conceptual. Power generation, thermal management and beam control in field conditions remain difficult, and performance degrades in rain, fog and dust — precisely the conditions in which air defense is needed. High-power microwave systems address a different problem, defeating drone swarms across an area rather than one target at a time. Both categories have moved from laboratory to field trials, but fielded operational systems remain limited relative to the attention the segment receives.

Coverage clusters around test and demonstration results, prototype deployments, power and cooling subsystem contracts, and optics and photonics component supply. Treat timelines with caution: this segment has a long history of capability announcements that precede fielding by many years.

11listed photonics & directed energy stocks

by conviction
RheinmetallETR: RHMNext: Nov 5 · EarningsACT NOWParas Defence and SpaceNS: PARASNo dated catalystPATIENTLockheed MartinNYSE: LMTNext: ~ Dec 15 · Conventional Prompt StrikeACT NOWLeonardoBorsa Italiana: LDONext: ~ Nov 6 · EarningsPATIENTElectro Optic SystemsASX: EOSNo dated catalystPATIENT
nLIGHT, Inc.NASDAQ: LASR

nLIGHT, Inc. (LASR) Faces Pressure After Third-Quarter Revenue Guidance Falls Short

Yahoo Finance

Yahoo Finance·7d ago
Sector

Didn’t get picked for IFPC interceptor competition? Army says come demo anyway

The U.S. Army is opening new competition opportunities for its Indirect Fire Protection Capability (IFPC) interceptor program to additional vendors beyond current partners.

Google News·16d ago
Sector

New Launcher Spotted Aboard Royal Navy Type 45 Destroyer

The Royal Navy has installed new containerized counter-UAS interceptor systems on its Type 45 destroyers to enhance self-protection against drone threats.

Google News·16d ago
nLIGHT, Inc.NASDAQ: LASR

nLIGHT to Announce Third Quarter 2026 Financial Results on November 5th

Yahoo Finance

Yahoo Finance·18d ago
nLIGHT, Inc.NASDAQ: LASR

nLIGHT Has Lost 39% in 3 Months: Northcoast Sees 88% Upside

Yahoo Finance

Yahoo Finance·19d ago
AeroVironment, Inc.NASDAQ: AVAV

Can LOCUST Lasers Power the Next Leg of AeroVironment (AVAV) Growth?

Yahoo Finance

Yahoo Finance·22d ago
AeroVironment, Inc.NASDAQ: AVAV

AeroVironment (AVAV) Lands $464.8 Million Directed Energy Contract

Yahoo Finance

Yahoo Finance·22d ago
Paras Defence and Space Technologies LimitedNS: PARAS

ZINC SELENIDE (ZnSe) WINDOWS FOR HIGH-ENERGY AND LASER DEFENSE SYSTEMS

Laser Research Optics has introduced custom zinc selenide windows designed for high-energy and directed-energy laser defense systems.

PR Newswire·24d ago
Electro Optic Systems Holdings LimitedASX: EOS

Electro Optic Systems Holdings (ASX:EOS) Is Up 12.9% After Dutch Laser Weapon Development Deal With NATO Integration – Has The Bull Case Changed?

Yahoo Finance

Yahoo Finance·25d ago
nLIGHT, Inc.NASDAQ: LASR

3 Reasons to Sell LASR and 1 Stock to Buy Instead

Yahoo Finance

Yahoo Finance·31d ago
Lockheed Martin CorporationNYSE: LMT

Directed Energy Weapons Market Forecasts Growth from $4.58B (2026) to $12.11B by 2035, Profiling Lockheed Martin, RTX, Leidos & MBDA

Yahoo Finance

Yahoo Finance·35d ago
AeroVironment, Inc.NASDAQ: AVAV

What AeroVironment’s (AVAV) $464.8 Million Laser Contract Means for Its Defense Growth Outlook

Yahoo Finance

Yahoo Finance·36d ago
RTX CorporationNYSE: RTX

What Could RTX (RTX) Fusion Laser Push And Pratt Leadership Change Mean?

Yahoo Finance

Yahoo Finance·37d ago
nLIGHT, Inc.NASDAQ: LASR

nLIGHT (LASR) Stock Looks Pricey As Sales Struggle To Support Its Price

Yahoo Finance

Yahoo Finance·42d ago
AeroVironment, Inc.NASDAQ: AVAV

3 Defense Stocks Riding the High-Energy Laser Boom

AeroVironment secured a $465 million Army contract related to laser weapon systems.

Yahoo Finance·45d ago
AeroVironment, Inc.NASDAQ: AVAV

Attalon and AeroVironment Execute Long-Term Agreement Supporting Production of Mission-Ready High-Energy Laser Systems

Yahoo Finance

Yahoo Finance·45d ago
Sector

Concurrent attacks across multiple domains force rethinking of air-and-missile-defense

The article discusses the necessity of rethinking air-and-missile-defense architectures in response to evolving combat threats, which is a primary application area for directed energy and advanced sensor photonics.

Google News·49d ago
Sector

Support for Patriot air-and-missile defense is a case study for the industrial base

The article highlights the Patriot air-and-missile defense system as a case study for the defense industrial base, directly linking its sustainment and next-generation technological requirements to the sector.

Google News·49d ago
Sector

Space Force picks Texas as US home for trinational DARC space radar network

The U.S. Space Force has selected a site for the DARC space radar network, which utilizes advanced sensing technology central to modern photonics-based space domain awareness.

Google News·49d ago
Sector

Canada, Ukraine to jointly produce defense tech, part of ‘100-year partnership’

Canada and Ukraine have established a defense technology partnership that includes a significant investment in air defense interceptors, relevant to the development and supply of advanced defense systems.

Google News·49d ago