Laser Photonics Corporation reports developments tied to photonics-based industrial and defense laser systems. The company develops and manufactures laser technologies for cleaning, surface preparation, corrosion removal, de-coating, pre- and post-welding applications, and precision material processing across defense and government, aerospace, energy, maritime, automotive, and advanced manufacturing markets.
Recurring LASE news includes DefenseTech laser cleaning deployments, Laser Shield Anti-Drone System development, product validation with affiliated LASE Group companies, operating and financial results, facility and portfolio consolidation, warrant exercises and other capital-structure actions, and Nasdaq listing-compliance matters.
Laser Photonics (NASDAQ:LASE) appointed Tim Peterman as chief financial officer as part of its financial management and governance efforts. Peterman brings more than three decades of experience in public-company capital markets, financial operations, SEC compliance and mergers and acquisitions.
The company also recently engaged Sheppard, Mullin, Richter & Hampton as outside securities counsel and CBIZ for external financial reporting consulting. Sheppard will advise on securities law, reporting obligations, governance and capital markets. CBIZ will support financial reporting processes and internal control practices. The company said these steps support its efforts to establish financial accountability and prepare for growth.
Laser Photonics (NASDAQ:LASE) appointed founder Dmitri Nikitin Executive Chairman and principal executive officer, with authority and responsibilities customarily associated with a CEO.
He succeeds Wayne Tupuola in the principal executive officer role following Tupuola's resignation as CEO for medical reasons, effective October 13, 2026. The company does not currently intend to appoint a separate CEO. Ann Tewari's interim presidency also concluded October 13; she returned to her previous role as Global Vice President, Operations and Strategy.
Nikitin's initial priorities include advancing the Laser Shield Anti-Drone platform, strengthening engineering, developing a disciplined marketing and sales organization, and integrating previous acquisitions and multiple product lines into one organization.
Laser Photonics (LASE) closed a public offering on September 14, 2026, raising approximately $7.9 million in gross proceeds.
The offering consisted of 10,500,000 shares of common stock, Series B-1 warrants to purchase up to 10,500,000 shares, and Series B-2 warrants to purchase up to 10,500,000 shares, all sold at a combined public offering price of $0.75 per share and accompanying warrants. Both warrant series carry an exercise price of $0.75 per share and are exercisable upon issuance, with the Series B-1 warrants expiring five years from issuance and the Series B-2 warrants expiring twenty-four months from issuance. H.C. Wainwright & Co. acted as exclusive placement agent.
The company plans to use net proceeds for research and development of its laser-based technologies, acquisitions, and working capital. The securities were offered under an effective Form S-1 registration statement.
Laser Photonics (LASE) priced a public offering of 10,500,000 common shares together with Series B-1 and Series B-2 warrants, for expected gross proceeds of approximately $7.9 million at a combined public offering price of $0.75 per share and accompanying warrants.
Investors will receive one Series B-1 warrant and one Series B-2 warrant for each share, each exercisable at $0.75 per share upon issuance. The Series B-1 warrants will expire five years from issuance, and the Series B-2 warrants will expire twenty-four months from issuance. Closing is expected on or about September 14, 2026, subject to customary conditions.
The company plans to use net proceeds for research and development of its laser-based technologies, acquisitions, and working capital. H.C. Wainwright & Co. is acting as exclusive placement agent, and the offering is being made under an effective Form S-1 registration statement.
Laser Photonics (LASE) received a repeat purchase order from an established Canadian manufacturer for a Beamer B-Series FB23 laser marking system and a fume extraction unit. The buyer is a long-time Beamer user upgrading from an earlier-generation system that has been in production for over a decade.
The B-Series FB23 features a 20-watt fiber laser, compact footprint, and capacity for parts up to 13.5 inches tall. Its modular, automation-ready design supports options such as autofocus, automated doors, rotary systems, and machine vision, allowing customers to adapt the platform as production needs evolve.
Laser Photonics (NASDAQ: LASE) and affiliated Fonon Technologies reported continued advancement of the Laser Shield Anti-Drone (LSAD) system following a direct engagement with U.S. Special Operations Command (SOCOM). The meeting allowed the LASE Group to present LSAD’s directed-energy counter‑UAS capabilities and discuss its potential role against Group 1 and Group 2 small drones.
According to Laser Photonics, LSAD is being developed as a modular, standalone perimeter‑defense architecture integrating detection, tracking, identification, decision support and laser engagement for fixed, palletized, vehicle‑mounted, soldier‑portable and unmanned configurations. Live testing at Lake Mary, Florida showed LSAD autonomously detect, track and neutralize a simulated Class I drone decoy in under three seconds, building on earlier trials where detection software tracked target drones in over 95% of real‑world scenarios. The company states these results support ongoing U.S. government evaluations, including the U.S. Air Force Shaw AFB Battle Lab CSO process and the Department of War’s MEIA Vulcan Call for Solutions.
Laser Photonics (NASDAQ:LASE) announced that subsidiary CMS Laser received a purchase order of approximately $1.05 million from a U.S.-based pharmaceutical company for a TD-70 high-speed tablet drilling system, marking a first-time purchase and entry into a new pharmaceutical manufacturing account.
The order covers a complete production line, including tablet handling tooling, conveyor transport, full IQ/OQ/PQ validation package, and on-site installation from CMS engineers. The TD-70 offers throughput up to 70,000 tablets per hour and a dual-camera vision system that inspects each tablet twice. According to Laser Photonics, the system will be built at CMS Laser’s Winter Park, Florida facility, and the company plans to increase investment in CMS Laser’s technology platform to support growth across pharmaceutical, medical device, and other regulated end markets.
Laser Photonics (NASDAQ:LASE) reported Q2 2026 net sales of $1.8 million, down 30% year over year from $2.6 million but up 97% sequentially from Q1. Gross profit was $0.2 million, with gross margin improving sequentially to 8.4% from negative 42.4% in Q1. Operating expenses rose 23% year over year to $2.5 million, and net loss widened to $3.3 million from $1.8 million.
The company advanced its Laser Shield Anti-Drone System, developed with affiliate Fonon Technologies, through multiple U.S. government evaluation gates and began prototype demonstrations. It expanded its DefenseTech product line, entered the data center and medical device supply chains with a $0.8 million order from Vander-Bend and a $250,000 order from Johnson & Johnson, and received an additional six-figure order from REXA. Cash increased to $2.2 million at quarter end, plus approximately $2.2 million in net proceeds from a July warrant inducement.
Laser Photonics (NASDAQ:LASE) and affiliated company Fonon Technologies reported that Fonon has been selected by the U.S. Air Force 20th Contracting Squadron to advance to Phase 2 of the Shaw AFB Battle Lab Commercial Solutions Opening for its Laser Shield Anti-Drone (LSAD) system, under Areas of Interest 2.1 (Rapid Point Defense) and 2.3 (Multi-Threat & Swarm Defeat).
By September 14, 2026 Fonon must complete a formal pitch covering LSAD’s technical design, field readiness, deployment schedule, ROM pricing, and IP, with successful completion potentially leading to invitations for full written contract proposals. According to the company, recent live field testing of LSAD detection software in complex environments achieved 95%+ target tracking, supports an accelerated development timeline, and informs refinement of AI models. LSAD features a modular laser array for Group 1–2 UAS, low-collateral directed-energy engagement, multiple form factors, and builds on prior Department of Defense MEIA Vulcan recognition and engagement with U.S. Special Operations Command.
Laser Photonics (NASDAQ:LASE) entered into definitive agreements for the immediate cash exercise of outstanding warrants to purchase up to 2,528,572 shares of common stock at $0.975 per share, originally issued in April 2026. According to Laser Photonics, this is expected to generate approximately $2.5 million in gross proceeds before placement agent fees and offering expenses, with H.C. Wainwright & Co. acting as exclusive placement agent.
In return, the company will issue new unregistered Series A-7 warrants for up to 800,000 shares and Series A-8 warrants for up to 4,257,144 shares, each with a $0.975 exercise price and immediate exercisability. The offering is expected to close on or about July 20, 2026, with net proceeds intended for working capital and general corporate purposes.