Laser Photonics Scores Order From Walsh Service Solutions

Rhea-AI Summary

Laser Photonics (NASDAQ: LASE) has received an order from Walsh Service Solutions for its CleanTech IR-3040 handheld laser cleaning system. The system will be used for infrastructure maintenance near waterways, specifically for abatement and remediation of canal locks. Walsh Service Solutions selected the technology for its safety features, versatility, and operational efficiency. The laser cleaning technology is particularly beneficial for waterway maintenance as it eliminates the need for abrasives and chemicals, reducing environmental impact. The system helps minimize waste generation while improving maintenance speed and worker safety.

Positive

• Secured new order for CleanTech IR-3040 system
• Technology adoption in the MRO sector indicates market penetration
• Product offers competitive advantages in environmental compliance

Negative

• None.

Insights

Industrial Technology Analyst

The CleanTech IR-3040 order from Walsh Service Solutions represents a strategic market expansion into waterway infrastructure maintenance, though the order size and value remain undisclosed. This deployment validates LPC's technology in the critical infrastructure sector, particularly for environmentally sensitive applications near waterways where traditional abrasive cleaning methods pose contamination risks.

The win highlights three key advantages:

• Reduced operational costs by eliminating consumable materials
• Enhanced worker safety through non-contact cleaning processes
• Minimal environmental impact compared to chemical/abrasive alternatives

While a single unit order may not significantly impact immediate revenue, it establishes a valuable reference case in the infrastructure maintenance sector. The MRO market for waterway infrastructure represents a substantial opportunity, with the American Society of Civil Engineers estimating over $38 billion in required lock and dam facility investments by 2029.

Think of this like switching from sandblasting to precision laser surgery - it's cleaner, safer and more controlled. For investors, this demonstrates LPC's ability to penetrate new vertical markets, though meaningful revenue impact will depend on follow-on orders and broader adoption within the infrastructure maintenance sector.

Laser Cleaning Technology Reduces Eco Footprint of Infrastructure Maintenance Near Waterways

ORLANDO, Fla.--(BUSINESS WIRE)-- Laser Photonics Corporation (NASDAQ: LASE) (LPC), a leading global developer of industrial laser systems for cleaning and other material processing applications, announced today that it received an order from Walsh Service Solutions, LLC for one of its flagship handheld laser cleaning systems.

Walsh Service Solutions has placed an order for the CleanTech IR-3040 – a high-performance handheld fiber laser system designed by LPC for speedy surface decontamination. Walsh Service Solutions, which provides business and construction support solutions, will utilize the CTIR-3040 in abatement and remediation of inland waterway infrastructure including canal locks.

“We spent in-depth effort identifying different abatement methodologies to extend the life of these facilities while simultaneously improving maintenance speed and operations. We had to balance efficiency, logistics, and costs – with the safety of our team always at the forefront,” said Rich Walsh, the President of Walsh Service Solutions.

Walsh continued: “We selected Laser Photonics’ CleanTech IR-3040 for the safety, versatility, and efficiency it will bring to our specific applications in this project and many others. This laser technology will not only allow us to increase worker safety, minimize waste generation from abatement operations, and increase our operational efficiencies; it will also give us a competitive advantage in pursuing future projects.”

John Armstrong, the Executive Vice President of LPC, added: “We are thrilled that Walsh Service Solutions has selected Laser Photonics as its supplier of laser cleaning equipment for its critical project. It is essential that maintenance projects near waterways do not harm local ecosystems. This is where laser technology excels, as it eliminates the need for abrasives and chemicals, leaving no mess behind.”

Laser cleaning is a sustainable surface treatment method for businesses looking to reduce their ecological impact, as it does not involve the use of consumables and generates minimal secondary waste. LPC technology continues to be adopted in the maintenance, repair and operations (MRO) arena and many other sectors as companies worldwide move toward sustainable technology.

For more information about the CleanTech line of laser cleaning systems, visit https://laserphotonics.com/laser-cleaning.

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 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 500 manufacturers in the aerospace, automotive, defense, energy, maritime, nuclear and space industries are using Laser Photonics’ “unique-to-industry” systems. For more information, visit https://www.laserphotonics.com.

About Walsh Service Solutions

Walsh Service Solutions is a Native American and Service-Disabled Veteran-Owned, HUBZone certified Company with offices across Michigan and in Northern Virginia specializing in operational solutions across corporate, commercial, and government industries. Its main service lines include General Contracting Services, Contracting Support Services, and Security Services. Walsh’s mission is to collaborate with clients from initial project development through field construction, safely delivering projects on time, within budget, and with best value end results. For more information, visit https://www.walshservicesolutions.com.

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.

View source version on businesswire.com: https://www.businesswire.com/news/home/20241226624677/en/

Investor Relations Contact:

laser@haydenir.com

LPC Contact:

Karla Kizzort

Laser Photonics Corporation

kkizzort@laserphotonics.com

Source: Laser Photonics Corporation

FAQ

What is the significance of Walsh Service Solutions' order for LASE's CleanTech IR-3040?

The order demonstrates market adoption of LASE's laser cleaning technology in waterway infrastructure maintenance, highlighting the system's environmental benefits and operational efficiency advantages.

How does LASE's CleanTech IR-3040 benefit waterway infrastructure maintenance?

The system eliminates the need for abrasives and chemicals, reduces waste generation, improves worker safety, and increases operational efficiency while protecting local ecosystems.

What competitive advantages does the CleanTech IR-3040 offer LASE in the infrastructure maintenance market?

The system provides enhanced worker safety, minimal waste generation, improved operational efficiency, and environmental compliance, giving users competitive advantages in project bidding.

How does LASE's laser cleaning technology contribute to environmental sustainability?

The technology is sustainable as it eliminates the need for consumables and chemicals, generates minimal secondary waste, and helps reduce the ecological impact of maintenance operations.