Laser Photonics Announces Commercial Availability of First CleanTech MARLIN Laser Blasting Product

Rhea-AI Summary

Laser Photonics Corporation (NASDAQ:LASE) has launched the MARLIN line of marine application rust laser inhibitor products, targeting a $500 million opportunity in corrosion control for small craft marine vessels. The initial offering, the CleanTech 100W Handheld Laser Blasting system, is designed to protect against deterioration from saltwater and sea spray. CEO Wayne Tupuola emphasized that this market expansion represents a significant growth opportunity for the company, with a portable design ideal for delicate cleaning tasks on small vessels.

Positive

• Launch of the MARLIN line targeting a $500 million market opportunity.
• Introduction of the CleanTech 100W Handheld Laser Blasting system for small craft marine vessels.
• Portable design suited for delicate cleaning and surface preparation operations.

Negative

• None.

Marine Application Rust Laser Inhibitor products to target $500 million corrosion control opportunity in the U.S. for small craft marine vessels

ORLANDO, FL / ACCESSWIRE / January 10, 2023 / Laser Photonics Corporation (NASDAQ:LASE), ("LPC"), a leading global industrial developer of Cleantech laser systems for laser cleaning and other materials applications, today announces the MARLIN (Marine Application Rust Laser Inhibitor) line of products is now available to customers.

Wayne Tupuola, chief executive officer of Laser Photonics, commented: "The availability of the first MARLIN product, a CleanTech 100W Handheld Laser Blasting system, will target smaller marine vessels needing corrosion control from saltwater and sea spray, especially in areas that deteriorate over time like frame weldments and joints. Small craft marine vessels are a new market opportunity for LPC, which we believe can significantly contribute to our growth in the coming years."

The CleanTech Handheld MARLIN CTH-100M Laser is an air-cooled pulse laser system, perfect for small craft marine vessel application. Its portable design lends itself to laser cleaning and surface treatment for small areas requiring delicate cleaning, de-painting, and other surface preparation operations. Most small craft marine vessels need corrosion control from saltwater and sea spray in areas like frame weldments and joints that deteriorate over time. The Marlin product line will offer a 100W laser blaster capable of addressing most corrosion conditions for this application.

Cautionary Note Concerning Forward-Looking Statements

This press release contains "forward-looking statements" (within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended), including statements regarding the Company's plans, prospects, potential results and use of proceeds. These statements are based on current expectations as of the date of this press release and involve a number of risks and uncertainties, which may cause results and uses of proceeds to differ materially from those indicated by these forward-looking statements. These risks include, without limitation, those described under the caption "Risk Factors" in the Registration Statement. Any reader of this press release is cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of this press release. The Company undertakes no obligation to revise or update any forward-looking statements to reflect events or circumstances after the date of this press release except as required by applicable laws or regulations.

About Laser Photonics Corporation

Laser Photonics is a vertically-integrated manufacturer and R&D Center of Excellence for industrial laser technologies and systems. LPC seeks to disrupt the $46 billion, centuries old, sand and abrasives blasting markets, focusing on surface cleaning, rust removal, corrosion control, de-painting and other laser-based industrial applications. LPC's new generation of leading-edge laser blasting technologies and equipment also addresses the numerous health, safety, environmental, and regulatory issues associated with the old methods. As a result, LPC has quickly gained a reputation as an industry leader for industrial laser systems with a brand that stands for quality, technology and product innovation. Currently, world-renowned and Fortune 1000 manufacturers in the aerospace, automotive, defense, energy, industrial, maritime, space exploration and shipbuilding industries are using LPC's "unique-to-industry" systems. For more information, visit www.laserphotonics.com.

Laser Photonics Investor and Public Relations Contact:

Brian Siegel, IRC®, M.B.A.
Senior Managing Director
Hayden IR
(346) 396-8696
brian@haydenir.com

SOURCE: Laser Photonics Corp.

View source version on accesswire.com:
https://www.accesswire.com/734625/Laser-Photonics-Announces-Commercial-Availability-of-First-CleanTech-MARLIN-Laser-Blasting-Product

FAQ

What is the MARLIN product line from Laser Photonics?

The MARLIN product line includes rust laser inhibitor products targeting corrosion control for small craft marine vessels.

What is the expected market opportunity for Laser Photonics' MARLIN products?

The MARLIN line aims to address a $500 million market opportunity in corrosion control for small craft marine vessels.

What is the initial product being launched in the MARLIN line?

The initial product is the CleanTech 100W Handheld Laser Blasting system designed for marine applications.

How does the CleanTech 100W Handheld Laser Blasting system work?

It is an air-cooled pulse laser system designed for cleaning, de-painting, and other surface preparation tasks on small marine vessels.

When was the MARLIN product line announced by Laser Photonics?

The MARLIN product line was announced on January 10, 2023.