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Laser Photonics Corp - LASE STOCK NEWS

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 Corporation (symbol: LASE) is a leading company in the field of photonics-based industrial products and solutions, with a primary focus on innovative laser cleaning technologies. Renowned for disrupting traditional sandblasting and abrasives blasting markets, Laser Photonics offers a comprehensive portfolio of integrated laser-blasting solutions. These high-tech solutions are designed for a variety of applications including corrosion control, rust removal, de-coating, pre-welding and post-welding processes, laser cleaning, and surface conditioning.

Laser Photonics' cutting-edge laser-blasting technologies are applicable across a broad spectrum of industries such as automotive, aerospace, healthcare, consumer products, shipbuilding, machine manufacturing, nuclear maintenance, and surface coating. By leveraging advanced laser technology, the company aims to address the numerous health, safety, environmental, and regulatory challenges associated with conventional methods.

In recent financial highlights, Laser Photonics reported a 10% increase in revenue and a significant reduction in both operating and net losses by 39% and 57% respectively. Despite facing challenges with gross margins due to the sale of lower power systems, the company is focused on refining production processes and improving cost efficiency to enhance profitability. The first quarter of FY24 marked a period of positive momentum, driven by ramped-up sales and marketing efforts.

Laser Photonics has secured numerous customer orders and distribution agreements, reinforcing its position as an industry leader in industrial laser systems. The company’s innovative laser-blasting equipment is widely utilized by Fortune 1000 manufacturers in diverse sectors including aerospace, automotive, defense, energy, industrial, maritime, and space exploration.

For more information, visit the Laser Photonics website.

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Laser Photonics (NASDAQ: LASE) and its subsidiary CMS Laser have announced an accelerated R&D initiative for their Extrusion Line Laser Marking Systems, aimed at enhancing high-volume manufacturing processes.

The initiative focuses on CMS Laser's on-the-fly (OTF) technology, which integrates laser marking into continuous manufacturing flow for products like PVC pipes, tubing, window frames, and wire insulation. The system features closed-loop feedback and vision validation to track extruded materials and ensure precise markings.

The technology accommodates various materials and uses different laser sources (UV to IR) tailored to specific plastic materials. The system can mark barcodes, dates, serial numbers, logos, and designs while considering factors like material composition, color, mark quality, and line speed.

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Laser Photonics (NASDAQ: LASE) and its recently acquired subsidiary, Control Micro Systems (CMS Laser), announced the expansion of their Laser Marking for Stainless Steel Medical Wires technology development project. CMS Laser's on-the-fly wire marking solution offers high-speed, precise marking of auto-fed wires and can increase throughput by up to 550% when implemented into medical product manufacturing lines.

The system integrates with a picosecond fiber laser for precision micromachining, a rotary unit for wire rotation, and closed-loop encoder feedback for velocity tracking. The adoption of ultrafast lasers for marking medical devices has increased due to their precision and ability to create intricate designs while minimizing heat damage.

This R&D investment aligns with LPC's diversification strategy to enhance shareholder value and build resilience in evolving markets.

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Laser Photonics (NASDAQ: LASE) has secured a second order for its DefenseTech MRLS Portable Finishing Laser (MF-1020) system through distribution partner Incredible Supply & Logistics (ISL). The order comes from the same Navy command in Virginia Beach that placed the initial order.

The DTMF-1020 is an air-cooled handheld pulsed laser cleaning system featuring dual-axis technology designed to streamline maintenance processes. The system effectively removes rust, coatings, and residue without damaging underlying surfaces, while eliminating the need for chemicals and abrasive media, thus reducing secondary waste and health risks for operators.

This repeat order demonstrates the technology's reliability and effectiveness in military applications, strengthening Laser Photonics' position in the defense sector.

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Laser Photonics (NASDAQ: LASE), a leader in industrial laser systems, and Fonon Technologies have partnered with NOBLE to deliver two major orders of Trade Agreements Act (TAA)-compliant DefenseTech MRLS Finishing laser systems (DTMF-1030) to a Marine Corps base in North Carolina. These systems will enhance the base's maintenance, repair, and overhaul (MRO) capabilities. This partnership reflects Laser Photonics' commitment to providing the U.S. military with advanced, domestically sourced technologies.

Laser Photonics is leveraging its TAA compliance expertise for the DefenseTech Blaster Cabinet (DTMF-4020), a self-contained system combining fiber laser power with a handheld laser-blasting head. The DTMF-4020, designed for speed, precision, safety, and flexibility, is set to be the only TAA-classified solution of its kind for U.S. government and military use. Its dual-axis technology and enclosed cleaning area make it ideal for various applications, including surface conditioning, corrosion removal, and pre-weld treatment.

The DefenseTech product line offers cost-effective, time-efficient, and safe surface treatment solutions, preserving military equipment and weapons systems without compromising material integrity.

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Laser Photonics (NASDAQ: LASE) and Fonon Technologies have successfully delivered a TAA-compliant DefenseTech MRLS Finishing laser system (DTMF-1030) to a Marine Corps base in North Carolina through their partnership with NOBLE. The system will enhance maintenance, repair, and overhaul (MRO) capabilities at the base.

Building on this success, the company is now working to achieve TAA compliance for the DefenseTech Blaster Cabinet (DTMF-4020), a self-contained system combining fiber laser technology with a handheld blasting head. The DTMF-4020 features a 30" x 26" workspace and dual-axis technology for processing complex surfaces.

The system is designed for various applications including surface conditioning, corrosion removal, coating removal, and pre-weld treatment. Once TAA-certified, it will be the only solution of its kind available to U.S. government agencies and military, ensuring compliance with requirements that products sold to the U.S. government be manufactured or substantially transformed in the United States or designated countries.

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Laser Photonics (NASDAQ: LASE) has received an order from Cascade Coil Drapery, a leading provider of architectural coiled wire fabric. The order is for LPC's CleanTech Industrial Conditioning Laser 2010 (CTIC-2010), which will be used for surface preparation in architectural projects.

The CTIC-2010 is a handheld, dual-axis laser system that offers both polishing and texturing capabilities, suitable for in-field and warehouse applications. The technology provides environmentally responsible surface preparation without damaging materials or requiring harmful chemicals, while maintaining high throughput comparable to more powerful conditioning lasers.

This partnership strengthens LPC's position in the architectural and metalworking sectors, expanding its market reach and potential customer base. The system requires no consumables for surface treatment, ensuring long-term cost-effectiveness.

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Laser Photonics (NASDAQ: LASE) announced that its subsidiary, Control Micro Systems (CMS Laser), has secured a significant order for its Laser Engraving System from a major U.S. high-performance bicycle manufacturer. The system provides automated part labeling with precision and speed, suitable for branding, customization, and anti-counterfeiting applications.

The turnkey solution features fully automated, air-cooled operation for engraving cylindrical products, utilizing laser ablation or annealing techniques. The system includes proprietary software, conveyor integration, robotic arm transport, and machine vision for precise positioning. It eliminates the need for traditional engraving materials like masks and inks, reducing operational costs.

CMS Laser, acquired by LPC in Q4 2024, has shown rapid growth, expanding LPC's market presence in PCB manufacturing, wire processing, medical, pharmaceutical, and industrial applications.

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Laser Photonics (NASDAQ: LASE) has secured orders for two additional CleanTech 500-CTHD laser cleaning systems from Sargent & Lundy for Bruce Power's nuclear facility in Ontario, Canada. Following the success of their initial system, these new units will be deployed in Bruce Power's Vacuum Building Outage (VBO) program, which began in April 2024.

The VBO program involves temporarily shutting down Bruce B's four nuclear units for maintenance and inspection, a process required approximately once every decade. The CleanTech systems offer environmental and worker safety advantages, including reduced radioactive waste generation and elimination of chemical cleaning agents. The technology enables precise cleaning without damaging underlying materials.

Bruce Power, operator of North America's largest operational nuclear power plant, will utilize these systems in their vacuum buildings, which serve as additional protective barriers against radioactivity release.

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Laser Photonics (NASDAQ: LASE) announced that its subsidiary, Control Micro Systems (CMS Laser), has secured a significant order from a leading global dental implant solutions provider. The order is for a Robotic-Feed Dental Drill Bit Marking System, featuring high-speed, non-contact automated marking capabilities with microscopic precision.

The system, powered by an air-cooled fiber laser, supports multiple bit types and sizes, offering custom conveyor configurations for assembly line integration. It includes a sophisticated vision system for precise alignment and code verification. The technology eliminates the need for masks, inks, or custom machining bits, reducing operating costs and changeover time.

CMS Laser, acquired by LPC in Q4 2024, has shown rapid growth through its specialized laser equipment for medical, pharmaceutical, PCB manufacturing, and wire processing applications, expanding LPC's market presence.

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Laser Photonics (NASDAQ: LASE) and its recently acquired subsidiary, Control Micro Systems (CMS Laser), announced the expansion of their Laser Wafer Marking technology R&D program. The initiative focuses on developing high-precision laser systems for engraving serial numbers and critical information on silicon and compounds used in semiconductor manufacturing.

CMS Laser's technology offers custom configurations including laser type, product handling, machine vision, and fume extraction. The systems can integrate with existing databases, SMT lines, and incorporate various automation features. The company specializes in creating tailored solutions for manufacturing environments and tackles engineering challenges that competitors avoid.

This R&D expansion aligns with LPC's diversification strategy, aiming to enhance shareholder value and strengthen market resilience while supporting the growing U.S. chip manufacturing sector.

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FAQ

What is the current stock price of Laser Photonics (LASE)?

The current stock price of Laser Photonics (LASE) is $3.59 as of February 28, 2025.

What is the market cap of Laser Photonics (LASE)?

The market cap of Laser Photonics (LASE) is approximately 48.1M.

What does Laser Photonics Corporation specialize in?

Laser Photonics specializes in photonics-based industrial products, with a primary focus on laser cleaning technologies.

How has Laser Photonics performed financially recently?

The company reported a 10% increase in revenue and significant reductions in operating and net losses by 39% and 57% respectively.

What industries use Laser Photonics' technologies?

Their technologies are used in industries including automotive, aerospace, healthcare, consumer products, shipbuilding, machine manufacturing, nuclear maintenance, and surface coating.

What are some applications of Laser Photonics' laser-blasting solutions?

Applications include corrosion control, rust removal, de-coating, pre-welding and post-welding processes, laser cleaning, and surface conditioning.

What recent achievements has Laser Photonics made?

Laser Photonics has secured customer orders, distribution agreements, and reported significant improvements in financial performance and operational efficiency.

How does Laser Photonics' technology compare to traditional methods?

Laser Photonics' technology addresses health, safety, and environmental issues associated with traditional sandblasting and abrasives blasting methods.

Who are some of Laser Photonics' major clients?

Their clients include world-renowned and Fortune 1000 manufacturers in sectors like aerospace, automotive, defense, energy, industrial, maritime, and space exploration.

Where can I find more information about Laser Photonics?

More information can be found on their official website at https://www.laserphotonics.com.

What is the symbol of Laser Photonics on the stock market?

The symbol for Laser Photonics Corporation on the stock market is LASE.

What recent news has Laser Photonics announced?

Recent news includes a 10% revenue growth in the first quarter of FY24 and improvements in cost efficiency and production processes.
Laser Photonics Corp

Nasdaq:LASE

LASE Rankings

LASE Stock Data

48.13M
5.45M
31.6%
35.93%
2.44%
Specialty Industrial Machinery
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