Welcome to our dedicated page for Laser Photonics news (Ticker: LASE), a resource for investors and traders seeking the latest updates and insights on Laser Photonics stock.
Laser Photonics Corp (NASDAQ: LASE) delivers innovative laser cleaning solutions that transform industrial surface processing across aerospace, automotive, and manufacturing sectors. This news hub provides investors and industry professionals with essential updates about the company's patented photonics technologies and market developments.
Access real-time announcements including quarterly earnings, product innovations, and strategic partnerships. Our curated collection helps stakeholders monitor advancements in eco-friendly laser blasting systems and their applications in corrosion control, surface preparation, and precision manufacturing.
Key updates cover regulatory milestones, technology certifications, and expansion into new industrial markets. Bookmark this page for streamlined access to official press releases and objective analysis of LASE's role in advancing sustainable manufacturing alternatives to traditional abrasive methods.
Laser Photonics (NASDAQ: LASE) has launched a new Channel Partner program to enhance collaboration and customer experience. The program, led by Director of Channel Sales Brian Crangle, aims to streamline training and education for partners while providing comprehensive support through promotional materials, market insights, and technology data.
The initiative includes the development of a Channel Partner web portal that will offer technical information, industry-specific use cases, and detailed product overviews. The portal will feature statistics for key industries including automotive, aviation, defense, maritime, nuclear, space, energy, and battery manufacturing. It will also include messaging capabilities to facilitate communication between LPC's departments and partners.
The program demonstrates LPC's strategy to expand its market reach both domestically and internationally through new channel partnerships, with regular updates planned for product information and marketing materials.
Laser Photonics (NASDAQ: LASE) has secured a three-system order from Proman, a Swiss petrochemical producer, for its Mexico facility. The order includes two CleanTech Industrial Roughening Laser 3050 (CTIR-3050) systems and one CTIR-3040 system.
The systems will be used for rust and corrosion removal during the construction of new anhydrous ammonia storage tanks. These handheld laser systems are designed for heavy-duty surface treatment applications, offering high speed and efficiency.
This new partnership highlights LPC's expansion in the international market, particularly in the energy sector, where its laser ablation technology is gaining adoption for safe and sustainable rust removal. While North America remains the company's primary market, this overseas sale demonstrates growing global brand recognition and potential for market diversification.
Laser Photonics (NASDAQ: LASE) has announced its 2025 growth strategy, highlighting significant developments following its successful $1.0 million acquisition of Control Micro Systems (CMS). The acquisition has already yielded $600,000 in collected receivables and grown the order backlog to $4.0 million.
The company is focusing on multiple growth initiatives, including expanding its presence in medical and pharmaceutical laser systems, semiconductor manufacturing, and flat panel display technology. Key developments include advancing the BlackStar laser wafer dicing product, pursuing defense applications through the Laser Shield Anti-Drone (LSAD) system, and enhancing CleanTech laser cleaning systems with AI and robotic capabilities.
CMS's integration has strengthened LPC's R&D and engineering capabilities, particularly in high-growth markets expected to grow at over 10% CAGR over the next five years. The company plans to continue its growth through strategic M&A activities, focusing on manufacturing and distribution capabilities expansion.
Laser Photonics (NASDAQ: LASE) has secured a repeat order from Acuren, a major nondestructive testing (NDT) service provider. The order involves delivering an additional CleanTech Industrial Roughening Laser 3050 (CTIR-3050) system, which features continuous wave fiber laser and dual axis technology for surface preparation.
Acuren, one of the world's largest inspection service providers, offers various NDT solutions including radiographic and ultrasonic testing, ground-penetrating radar, infrared thermography, and rope access technology. They serve multiple industrial sectors including chemical, pipelines, refineries, power generation, automotive, aerospace, mining, manufacturing, renewable energy, and paper production.
Laser Photonics (NASDAQ: LASE) and its sister company Fonon Technologies have completed training sessions at the Pearl Harbor Naval Shipyard and Intermediate Maintenance Facility (PHNSY & IMF) for their DefenseTech laser system. The training focused on the safe and optimal use of the DefenseTech MRLS Portable Finishing Laser 1010 (DTMF-1010), previously purchased by the facility.
The training program included safety instructions and hands-on practice with the portable pulsed fiber laser system, which is designed for naval applications including de-oxidation, rust control, coating removal, and micro-surface polishing. The technology offers a sustainable approach to surface preparation by eliminating toxic chemicals and abrasive media, reducing secondary waste and operator health risks.
Laser Photonics (NASDAQ: LASE) and its subsidiary Control Micro Systems (CMS Laser) announced the expansion of their PCB Depaneling technology development project for the electronics market. The company is advancing its laser processing technology, which offers advantages including non-contact operation, narrow kerf width, and precision in PCB depaneling.
The company provides systems with both CO2 and UV laser options, where CO2 lasers offer speed and cost efficiency, while UV lasers provide cleaner cuts with minimal charring. CMS Laser's Class I PCB depaneling systems feature Through the Optics Vision (TTOV) technology and CMS Process Engine software, enabling precise processing and user-friendly operation.
Laser Photonics (NASDAQ: LASE) has received an order from Walsh Service Solutions for its CleanTech IR-3040 handheld laser cleaning system. The system will be used for infrastructure maintenance near waterways, specifically for abatement and remediation of canal locks. Walsh Service Solutions selected the technology for its safety features, versatility, and operational efficiency. The laser cleaning technology is particularly beneficial for waterway maintenance as it eliminates the need for abrasives and chemicals, reducing environmental impact. The system helps minimize waste generation while improving maintenance speed and worker safety.
Laser Photonics (NASDAQ: LASE) has secured a new order from Cooper Nuclear Station (CNS), Nebraska's largest single-unit generator. The order is for the CleanTech CR-3010, a commercial-grade handheld laser cleaning system that will be used for paint and rust removal in pre-weld preparation of valves, pipes, and steel plates.
The system effectively removes contaminants, coatings, and radioactive particles from various surfaces during maintenance processes. When combined with a fume extractor, it becomes an essential tool for regular equipment maintenance. This eco-friendly surface preparation method aligns with sustainability goals as it eliminates the need for hazardous consumables and minimizes secondary waste.
Laser Photonics (NASDAQ: LASE) has secured a dual order from Phillips 66, a Fortune 500 oil refiner, for its CleanTech IR-3040 and MarkStar PM-2010 laser systems. The CleanTech IR-3040, a handheld laser cleaning system, will be used for scale removal during pipe and vessel maintenance and surface preparation. The MarkStar PM-2010, a desktop laser marking system, will mark data plates for refinery pressure vessels. Phillips 66 plans to test these technologies at its pioneer site to potentially replace traditional sandblasting processes, aiming to optimize operations, improve safety, and reduce environmental impact.
Laser Photonics (NASDAQ: LASE) reports strong initial results from its recent Control Micro Systems (CMS) acquisition, completed for $1.05 million. In the first month post-acquisition, LPC collected nearly $600,000 in accounts receivable and secured approximately $600,000 in new CMS orders. CMS's current revenue backlog stands at over $3.7 million.
The acquisition strategically positions LPC in the pharmaceutical market, where CMS specializes in precision laser drilling systems for controlled-release pharmaceuticals. This market reached $49.5 billion in 2023 with projected 11% CAGR through 2030. CMS brings expertise in custom laser solutions across various industries, enhancing LPC's capability to offer tailored industrial laser systems.
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