Laser Photonics Corp Stock Price, News & Analysis

Laser Photonics (NASDAQ: LASE), along with its recently acquired subsidiary Control Micro Systems (CMS), announced the expansion of its tablet laser drilling technology development program for the pharmaceutical market. The technology creates sub-millimeter holes in pharmaceutical tablets for osmotic pump time-release drug delivery systems, processing up to 140,000 tablets per hour with orifices as small as 200 microns.

The system features machine vision technology for quality control, checking each tablet twice for hole position, size, and quantity. This expansion represents LPC's strategic move into the pharmaceutical sector, leveraging CMS expertise to diversify its portfolio beyond industrial laser cleaning applications.

Laser Photonics (NASDAQ: LASE) announced the expansion of its semiconductor industry product line. Through its recently acquired subsidiary, Control Micro Systems (CMS), the company has enhanced its portfolio with advanced laser wafer dicing, marking, and scribing technologies. The expansion includes the BlackStar laser wafer dicing system, which improves die yield without water jet cooling, and custom-tailored multi-station laser systems featuring robotic wafer positioning and machine vision. The company also added a chip marking system with ultraviolet laser technology for permanent chip markings.

Laser Photonics (NASDAQ: LASE) and its recently acquired subsidiary, Control Micro Systems, have completed the installation of a pill drilling system at a customer facility. The system, a Class I automated CO2 laser system, features custom tablet fixtures, fume extraction, and machine vision inspection for quality control. This installation aligns with LPC's new R&D initiative focusing on pharmaceuticals, wafers, and semiconductors sectors. The system serves as an anti-counterfeiting and pill drilling solution for the medical and pharmaceutical industry.

Laser Photonics (NASDAQ: LASE) has launched a research and development initiative focusing on industrial laser solutions for pharmaceutical tablet drilling, wafer scribing, and semiconductor marking. Following the acquisition of Control Micro Systems (CMS), the company is investing resources to advance newly acquired laser systems. The initiative targets three main sectors: pharmaceuticals (tablet drilling and marking system for time-release medications), wafers (serialization system for wafers up to 300mm wide), and semiconductors (marking system with UV laser and galvanometer scanhead). These developments aim to expand LPC's market presence in diversified industries.

Laser Photonics (NASDAQ: LASE) has opened pre-orders for its new CleanTech Industrial Roughening Laser 3060 (CTIR-3060). This high-powered pulsed laser system is designed for thermally sensitive applications, offering cleaning and surface conditioning capabilities with minimal substrate damage. The system can operate independently or integrate into a CleanTech Robotic Cell for automated operations.

The CTIR-3060 features overheat protection, a compact scan head, and mobile connectivity for remote control. It's specifically engineered for the aerospace, automotive, and defense MRO industries, differentiating itself from 1000-watt continuous wave lasers by minimizing thermal warping through its pulsed system technology.

Laser Photonics (NASDAQ: LASE) announces that its CleanTech Handheld LPC-2000-CTHD laser blasting system is being used for airplane hangar maintenance in Florida. The system provides a cost-effective and time-efficient method for cleaning hangars of rust and other compounds. The technology has gained increased adoption for MRO applications in the aerospace and defense industry nationwide due to its adaptive nature.

Laser Photonics (NASDAQ: LASE) announced its transition into an Operational Holding Company called 'LASE Holdings' with wholly-owned subsidiaries. The company will be headquartered in Lake Mary, Florida. Following the acquisition of Control Micro Systems, the reorganization will create targeted market divisions including: Laser Photonics, CMS Laser, Control Micro Systems, LP Semiconductor, 3D AXS and LP Media Group. The transition is expected to complete by Q1 2025, focusing on eco-friendly laser cleaning, industrial processing, medical systems, semiconductor processing, additive manufacturing, marketing, and defense systems. The restructuring aims to enhance market diversification and improve shareholder value without affecting existing shareholders.

Laser Photonics (NASDAQ: LASE) announced its participation in the IEEE International Electron Devices Meeting (IEDM) 2024, where it will showcase advanced laser solutions for the semiconductor industry. The company will present its BlackStar Laser Wafer Dicer, High-Precision Wafer Serialization, Marking and Scribing solution, and Laser Marking of IC Mold Compounds system at the event.

The 70th annual IEDM, scheduled for December 7-11, 2024, in San Francisco, serves as a global forum for semiconductor and electronic device technology breakthroughs. CEO Wayne Tupuola highlighted the event's importance for demonstrating their technology's capabilities in processing crystalline materials used in semiconductors and solar panels.

Laser Photonics (NASDAQ: LASE) has appointed John T. Armstrong as its new Executive Vice President. Armstrong joins from Astronics Test Systems where he served as Vice President, and previously held senior positions at Boeing, managing a division with $4.5B+ in revenue. With over 30 years of leadership experience in B2B strategic planning, operations, and HR, Armstrong brings expertise in developing strategies for business growth and optimizing performance in manufacturing environments. He holds an MBA and MA in Management Systems from Webster University and a B.S. in Mechanical Engineering from Villanova University.