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Laser Photonics Completes Proof of Concept Testing for Fonon Corporations' Laser Shield Anti-Drone System

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Laser Photonics (NASDAQ: LASE) and Fonon announced the successful proof of concept testing for the Laser Shield Anti-Drone System (LSAD) prototype. Conducted at Laser Photonics' Orlando facility, this new anti-drone technology aims to deter unauthorized drone activity. The testing took place in their newly developed Customer Experience Center with an internal laser range, confirming the system's precision and effectiveness in targeting small-scale unmanned aerial systems (UAS). CEO Wayne Tupuola highlighted the global defense industry's focus on anti-drone tech and the potential of LSAD to become essential in modern defense. The companies will continue collaborating on further development and are seeking a partner for tracking and target acquisition.

Positive
  • Successful proof of concept for LSAD prototype, demonstrating precision and effectiveness.
  • Testing conducted in state-of-the-art facility, ensuring reliable and accurate preliminary results.
  • Potential market opportunity as anti-drone technology becomes important for modern defense infrastructures.
  • Laser Photonics and Fonon's robust track record in R&D and market penetration in laser technologies.
  • Collaboration between Laser Photonics and Fonon could lead to further advancements in defense technology.
Negative
  • No immediate commercialization details provided, indicating potential delays before market availability.
  • Dependence on finding a partner for tracking and target acquisition could slow down progress.
  • Testing, though successful, remains in early stages; further development and more extensive testing are required.

Insights

Laser Photonics Corporation's successful proof of concept testing for Fonon Corporation's Laser Shield Anti-Drone System (LSAD) represents a significant milestone in the defense technology sector. The LSAD is designed to counteract unauthorized drone activity, a growing concern in modern warfare. This development underscores the importance of anti-drone systems as drones are increasingly used for offensive and surveillance purposes.

From a defense technology perspective, the use of laser systems for such applications highlights a shift towards more sophisticated and precise countermeasure technologies. Laser Photonics and Fonon's collaboration leverages their existing expertise in laser material processing to create a system that can quickly respond to threats posed by small-scale unmanned aerial systems (UAS).

The success of the LSAD's initial testing phase is an encouraging sign, indicating that the technology has potential to be a game-changer in defense strategies. The focus now will be on refining the system and ensuring it can operate effectively in real-world conditions. Investors should note that further development and successful field tests could significantly enhance the marketability and adoption of LSAD technology in the defense sector.

The completion of the proof of concept for the Laser Shield Anti-Drone System (LSAD) by Laser Photonics and Fonon Corporation is a promising development within the defense market. Anti-drone technologies are gaining traction due to the increasing use of drones in military operations. This creates a substantial market opportunity for LSAD.

Market dynamics suggest that defense budgets are increasingly allocating funds for counter-drone technologies. The involvement of Laser Photonics and Fonon, both established players in laser technology, enhances the credibility of the LSAD. Their ability to offer a cutting-edge solution can potentially meet the growing demand for such technologies.

However, investors should consider the competitive landscape. Other companies are also developing similar technologies, so the unique selling proposition and successful commercialization of LSAD will be critical. The search for a partner to collaborate on tracking and target acquisition could accelerate LSAD’s development and improve its competitive positioning.

ORLANDO, Fla.--(BUSINESS WIRE)-- Laser Photonics Corporation (LPC) (NASDAQ: LASE), a leading global industrial developer of laser systems for cleaning and other material processing applications, and its parent company, Fonon Corporation, a multi-market holding company, R&D center, equipment designer and manufacturer of advanced laser material processing systems for subtractive and additive manufacturing, have announced the successful early testing of Fonon's Laser Shield Anti-Drone System (LSAD) prototype at LPC's testing facility.

The LSAD is a cutting-edge solution in development for the deterrence of unauthorized drone activity. It is being designed by Fonon in conjunction with Laser Photonics and is based on the two company's existing laser technology. The tech when fully complete will serve as an immediate response defense system for addressing the threat of small-scale unmanned aerial systems (UAS) in conflict zones and expeditionary locations. LPC has provided Fonon with the testing area and other related resources to test the LSAD prototype at its Orlando facility.

The LSADs first proof of concept was recently completed and tested at Laser Photonics' newly developed Customer Experience Center, which features an internal laser range. This state-of-the-art facility enabled Laser Photonics and Fonon Corporation to evaluate the proof of concept under controlled conditions. The range served to test the lasers' capabilities in terms of precision and effectiveness when it came to targeting and destroying distant objects. By conducting these tests internally, Laser Photonics was able to ensure the reliability and accuracy of the results found in this preliminary test, which concluded with the proof of concept being a success. The LPC facility being used will play a crucial role in developing the LSAD as the system continues to be developed.

Wayne Tupuola, CEO of Laser Photonics, said: "Defense professionals worldwide are focused on anti-drone technology due to its increasing prevalence, which presents an opportunity for LPC and Fonon to collaborate on this project. We believe that Fonon's LSAD has the potential to become a must-have technology for modern defense infrastructures."

Fonon and LPC will continue collaborating on the development and testing of the LSAD as part of their commitment to pushing the boundaries of technology in the defense and military maintenance sectors. The two companies boast a robust collective track record of research and development, coupled with a proven ability to successfully penetrate the market in the multi-application laser technologies sector.

"As illustrated daily across a myriad of conflict zones globally, drones have begun to take an increasing role in modern warfare. Used as offensive weapons or as surveillance assets, the need for a modern, perimeter defense system has never been greater," said Bryan Lee, Vice President of Fonon Technologies. "Together with Laser Photonics, we have been developing a prototype laser defense system that will effectively neutralize this growing threat. This will significantly increase the operational capabilities of our military and allied forces worldwide."

Fonon Technologies, a sister company of LPC, will concentrate on marketing and promoting Fonon Corporation's LSAD technology once it is fully commercialized. This will be in addition to supporting the parent companies' current laser solutions for defense. Fonon Technologies exclusively caters to the government, military and defense sectors.

Laser Photonics and Fonon Corporation are looking for a partner to collaborate with on tracking and target acquisition as they progress with the development of the LSAD system. For more information about Laser Photonics, please visit https://www.laserphotonics.com or contact our sales department at fiberlaser@laserphotonics.com.

About Laser Photonics Corporation

Laser Photonics Corporation is a vertically integrated manufacturer and R&D Center of Excellence for industrial laser technologies and systems. At LPC, we are disrupting the centuries-old $46 billion sand and abrasives blasting markets, focused on surface cleaning, rust removal, corrosion control, de-painting and other laser-based industrial applications. Our new-generation laser blasting technologies and equipment address the health, safety, environmental and regulatory concerns associated with outdated methods, establishing Laser Photonics Corp. as an industry leader for industrial laser systems. Renowned manufacturers in sectors such as aerospace, automotive, defense, energy, industrial, maritime, space exploration and shipbuilding rely on our "unique-to-industry" systems. For more information, visit www.laserphotonics.com.

About Fonon Corporation

Fonon Corporation is a diversified industrial laser equipment company with a continuously growing umbrella of building-block technologies supported by patents, licenses, next-generation hardware and proprietary metal processing IP. The company is dedicated to advancing industrial technology and designing specialized 3D metal printing systems for manufacturing purposes, representing the fastest path to Manufacturing Readiness Level 10.

About Fonon Technologies

Fonon Technologies, a subsidiary of Fonon Corp., takes pride in marketing and promoting Fonon's innovative products specifically catered to meet the stringent requirements of government organizations, all branches of the U.S. military and defense contractors.

Cautionary Note Concerning Forward-Looking Statements

This press release contains forward-looking statements that are within the meaning of applicable securities laws. These statements are based on current expectations as of the date of this press release and involve risks and uncertainties that may cause results and uses of proceeds to differ materially from those indicated by these forward-looking statements. We encourage readers to review the "Risk Factors" in our Registration Statement for a comprehensive understanding. Laser Photonics Corp. undertakes no obligation to revise or update any forward-looking statements, except as required by applicable laws or regulations, to reflect events or circumstances after the date of this press release.

Karla Kizzort

Laser Photonics Corporation

kkizzort@laserphotonics.com

Source: Laser Photonics Corporation

FAQ

What is the stock symbol for Laser Photonics?

The stock symbol for Laser Photonics is LASE.

What did Laser Photonics recently announce?

Laser Photonics announced the successful proof of concept testing for the Laser Shield Anti-Drone System (LSAD) prototype.

Where was the LSAD prototype tested?

The LSAD prototype was tested at Laser Photonics' newly developed Customer Experience Center in Orlando.

What is the purpose of the Laser Shield Anti-Drone System?

The LSAD is designed to deter unauthorized drone activity and address the threat of small-scale unmanned aerial systems (UAS) in conflict zones.

Who are the key companies involved in the development of the LSAD?

Laser Photonics and Fonon are the key companies involved in the development of the LSAD.

What is the next step in the development of the LSAD?

The next step is to continue development and testing, and to find a partner for tracking and target acquisition.

Laser Photonics Corporation

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