Laser Photonics Fulfills Third Order with Same Customer for a CleanTech Laser Blasting System in the Automotive Manufacturing Segment

Rhea-AI Summary

Laser Photonics Corporation (NASDAQ:LASE) has successfully fulfilled a third order from a major truck manufacturer for its CleanTech laser systems, following two previous orders within the last year. This confirms the system's effectiveness in automotive manufacturing, significantly reducing preparation time and enhancing throughput by efficiently removing grease, oil, and rust from components on the assembly line. The handheld CleanTech 2000-CTH system stands out by surpassing traditional cleaning methods and addressing environmental and safety concerns prevalent in the industry.

Positive

• Fulfilled a third order from a major truck manufacturer, indicating strong customer demand.
• The CleanTech system enhances operational efficiency by reducing preparation time and increasing throughput speeds.
• The technology offers superior cleaning capabilities compared to traditional sandblasting methods.

Negative

• None.

ORLANDO, FL / ACCESSWIRE / January 4, 2023 / Laser Photonics Corporation (NASDAQ:LASE) ("LPC"), a leading global developer of industrial cleantech laser systems for laser cleaning and other materials applications, today announced it recently received and fulfilled the second follow-on order over the past 12 months from the same major truck manufacturer, bringing this customer's total purchases to three CleanTech laser systems.

Wayne Tupuola, chief executive officer of Laser Photonics, commented: "This third CleanTech Laser Blasting system order from a major truck manufacturer in North America reaffirms the proven use case of our technology in the automotive manufacturing segment. Our 2000-watt CleanTech system has helped this customer reduce the preparation time and increase throughput speeds by quickly removing grease, oil and rust from the drive shafts while still on the assembly line."

CleanTech 2000-CTH JobSite
The CleanTech 2000-CTH JobSite is a 2000-watt handheld laser cleaning machine and surface preparation system designed to remove rust, paint and almost anything else from steel, aluminum, iron and many more surface types. We believe the CleanTech Laser Blasting Systems' performance surpasses the capabilities of standard sandblasting and dry-ice blasting while eliminating dangerous chemicals, hazardous fumes, costly materials and complicated procedures.

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 in 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.

Investor and Public Relations Contact:
Brian Siegel, IRC, MBA
Senior Managing Director
Hayden IR
Brian@haydenir.com

SOURCE: Laser Photonics Corp.

View source version on accesswire.com:
https://www.accesswire.com/733922/Laser-Photonics-Fulfills-Third-Order-with-Same-Customer-for-a-CleanTech-Laser-Blasting-System-in-the-Automotive-Manufacturing-Segment

FAQ

What recent order has Laser Photonics Corporation fulfilled for LASE?

Laser Photonics Corporation has fulfilled a third order for its CleanTech laser systems from a major truck manufacturer.

How does the CleanTech laser system benefit automotive manufacturers?

The CleanTech laser system reduces preparation time and increases throughput by efficiently removing grease, oil, and rust from components on the assembly line.

What is the significance of the third order for LASE stock?

The third order reaffirms the demand for Laser Photonics' technology in the automotive sector, potentially enhancing investor confidence in LASE.

What are the capabilities of the CleanTech 2000-CTH system?

The CleanTech 2000-CTH is a 2000-watt handheld laser cleaning machine designed to remove rust, paint, and other contaminants from various surface types.

What industries are using Laser Photonics' systems?

Laser Photonics' systems are utilized by industries such as aerospace, automotive, defense, energy, industrial, maritime, space exploration, and shipbuilding.