STOCK TITAN

Laser Photonics Helps Streamline Maintenance Processes in the Mining Industry

Rhea-AI Impact
(Neutral)
Rhea-AI Sentiment
(Neutral)
Tags
Rhea-AI Summary

Laser Photonics (NASDAQ: LASE), a global leader in industrial laser systems, showcases the application of its laser cleaning technology in the mining sector. These systems offer a cost-effective, efficient, and environmentally friendly solution for maintaining heavy mining equipment. Laser cleaning helps in the upkeep of undercarriages, buckets, attachments, and safety devices, extending equipment longevity and enhancing operational safety. Additionally, this technology minimizes harmful emissions and reduces the use of consumables, positioning it as a sustainable alternative to traditional methods.

Positive
  • Laser Photonics’ technology offers cost-effective and time-efficient maintenance solutions for the mining industry.
  • Improves safety and operational efficiency by maintaining heavy equipment parts like undercarriages and safety devices.
  • Reduces environmental impact by minimizing pollution and resource use.
  • Lowers the risk of equipment damage and requires fewer consumables.
  • Eliminates exposure to harmful airborne substances, enhancing occupational safety.
Negative
  • No specific financial gains or revenue increases were mentioned in the PR.
  • Unclear adoption rate of the technology within the mining industry.
  • No data on the long-term effectiveness or cost savings of the laser systems.

ORLANDO, Fla.--(BUSINESS WIRE)-- Laser Photonics Corporation (LPC) (NASDAQ: LASE), a leading global developer of industrial laser systems for cleaning and other material processing applications, highlights a key application for its industrial laser cleaning systems in the mining industry.

Laser Photonics' laser systems offer professionals in the mining industry a user-friendly, ethical, cost-effective and time-efficient solution for maintaining the heavy equipment used during the opening and excavating of a mine; earthmovers like dozers and graders for removing the overburden; spalling or otherwise extracting the valuable minerals to skips or lifts; and material handling and processing equipment such as crushers, conveyors and feeders.

"Mining companies are eager to adopt laser technologies to improve their processes, including cleaning and maintenance," said Wayne Tupuola, CEO of Laser Photonics. "The industry has identified CleanTech and our other laser solutions as a means to reduce pollution and the use of resources while improving throughput and occupational safety."

For most heavy mining equipment, laser systems can deliver the extra care required to service an undercarriage, including tracks, rollers, idlers and sprockets. Proper undercarriage maintenance ensures stability, maneuverability and traction. Laser cleaning is also beneficial for keeping buckets and attachments as well as controls and safety devices in good working condition, so they don't hamper operation or compromise safety.

Each component plays a vital role in the operation of a mine, and proper maintenance of each ensures operational excellence, safety and profitability. Regular cleaning removes contaminants and corrosion caused by harsh mining environments while minimizing damage maximizes equipment longevity. Other benefits of laser technology include a lowered risk of equipment damage, low consumable use and no toxic byproduct disposal.

More importantly, laser processing does not expose operators to the harmful airborne substances released during methods like abrasive blasting or wet chemical processing. These have seen increasing scrutiny from organizations like OSHA and NIOSH.

For more information about the CleanTech line of laser cleaning systems, please visit https://www.laserphotonics.com or contact our sales department at fiberlaser@laserphotonics.com.

About Laser Photonics Corporation

Laser Photonics is a vertically integrated manufacturer and R&D Center of Excellence for industrial laser technologies and systems. Laser Photonics 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. Laser Photonics’ new generation of leading-edge laser blasting technologies and equipment also addresses the numerous health, safety, environmental and regulatory issues associated with old methods. As a result, Laser Photonics 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 Laser Photonics’ “unique-to-industry” systems. For more information, visit https://www.laserphotonics.com.

Investor Relations Contact:

laser@haydenir.com

Contact:

Karla Kizzort

Marketing Specialist

Laser Photonics Corporation

kkizzort@laserphotonics.com

Source: Laser Photonics Corporation

FAQ

What does Laser Photonics (NASDAQ: LASE) specialize in?

Laser Photonics specializes in industrial laser systems for cleaning and material processing.

How does Laser Photonics' technology benefit the mining industry?

It offers efficient, cost-effective maintenance, reduces environmental impact, and improves safety and equipment longevity.

What are the key advantages of laser cleaning systems in mining?

These systems minimize equipment damage, reduce toxic byproducts, and lower the risk of operator exposure to harmful substances.

What specific mining equipment benefits from Laser Photonics' cleaning technology?

Equipment like undercarriages, buckets, attachments, and safety devices benefit from laser cleaning.

What environmental benefits does Laser Photonics' technology offer?

It minimizes pollution, reduces resource consumption, and eliminates toxic byproducts.

Laser Photonics Corporation

NASDAQ:LASE

LASE Rankings

LASE Latest News

LASE Stock Data

225.09M
13.77M
24.98%
33.38%
1.88%
Specialty Industrial Machinery
Miscellaneous Electrical Machinery, Equipment & Supplies
Link
United States of America
ORLANDO