Laser Photonics Secures Second Navy Order Through Incredible Supply & Logistics for Advanced Laser Cleaning System

Rhea-AI Summary

Laser Photonics (NASDAQ: LASE) has secured a second order for its DefenseTech MRLS Portable Finishing Laser (MF-1020) system through distribution partner Incredible Supply & Logistics (ISL). The order comes from the same Navy command in Virginia Beach that placed the initial order.

The DTMF-1020 is an air-cooled handheld pulsed laser cleaning system featuring dual-axis technology designed to streamline maintenance processes. The system effectively removes rust, coatings, and residue without damaging underlying surfaces, while eliminating the need for chemicals and abrasive media, thus reducing secondary waste and health risks for operators.

This repeat order demonstrates the technology's reliability and effectiveness in military applications, strengthening Laser Photonics' position in the defense sector.

Positive

• Secured second order from existing Navy customer, indicating product satisfaction
• Growing presence in defense sector through strategic partnership with ISL

Negative

• None.

Insights

Defense Industry Analyst

The receipt of a second order from the same Navy command represents a strategic milestone for Laser Photonics, validating both their technology and go-to-market approach in the defense sector. The partnership with ISL, an established defense contractor, provides a important channel for accessing military procurement opportunities, potentially accelerating market penetration and reducing sales cycle complexity.

The selection of the DTMF-1020 system for repeated deployment carries particular significance in the $12.8 billion military maintenance and repair market. The dual-axis technology and air-cooling features address specific military requirements for portable, efficient maintenance solutions, while the chemical-free operation aligns with the Department of Defense's increasing focus on environmental sustainability and operator safety.

Several key factors enhance the strategic value of this development:

• The repeat order from the same command suggests successful field deployment and potential for standardization across other Navy facilities
• The synergistic relationship with Fonon Technologies enables technological differentiation and enhanced R&D capabilities
• The eco-friendly aspects of laser cleaning align with stringent environmental regulations and the military's sustainability initiatives

While the order size is undisclosed, the real value lies in the potential for expanded adoption across military branches and the establishment of Laser Photonics as a trusted defense contractor. The company's focus on advanced laser cleaning systems positions it favorably in the ongoing military modernization efforts, where maintenance efficiency and environmental compliance are increasingly prioritized.

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, in partnership with its sibling company Fonon Technologies, announced today the receipt of a second order for its DefenseTech MRLS Portable Finishing Laser (MF-1020) handheld cleaning system. This order was facilitated once again through their distribution partner, Incredible Supply & Logistics (ISL), an award-winning product distribution and third-party logistics (3PL) company.

The DTMF-1020 air-cooled handheld pulsed laser cleaning system, equipped with dual-axis technology, streamlines maintenance processes. This system will be utilized by the same Navy command in Virginia Beach that ordered the first unit.

“This second order is a clear endorsement of our technology’s reliability and effectiveness,” said Laser Photonics’ Executive Vice President John Armstrong, “This command required a powerful and reliable laser system, and we are proud to meet their needs. Our laser systems are revolutionizing maintenance processes for the Navy, providing cleaner, safer, and more efficient solutions. We are committed to supporting our partner, ISL, and our military with the best technology available.”

This order highlights the success of Laser Photonics and Fonon Technologies in providing high-quality laser solutions and reinforces their growing reputation in the defense sector. LPC’s DefenseTech systems effectively remove rust, coatings, and residue without damaging underlying surfaces, ensuring operational readiness and prolonged equipment life. These eco-friendly solutions eliminate the need for chemicals and abrasive media, significantly reducing secondary waste and health risks for operators.

For more information about the DefenseTech line of laser cleaning systems, please visit https://fonon.us or contact their sales department at sales@fonon.us.

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 1000 manufacturers in the aviation, aerospace, automotive, defense, energy, maritime, nuclear and space-exploration industries are using Laser Photonics’ “unique-to-industry” systems. For more information, visit https://www.laserphotonics.com.

About Fonon Technologies
Fonon Technologies is a subsidiary of Fonon Corporation, 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. Fonon Technologies takes pride in marketing and promoting Fonon Corporation's innovative products specifically geared to meet the stringent requirements of government organizations, all branches of the U.S. military, and defense contractors. For more information, visit https://www.fonon.us.

About Incredible Supply & Logistics
ISL is an award-winning U.S. small business with product distribution solutions and services across industrial, parts, tactical, workwear & IT supply serving the Federal, Defense, Maritime & Space communities. The ISL team specializes in supporting government customers and defense contractors with custom supply chain and sustainment solutions, complete Bill of Material (BOM) sourcing, supply consolidation, kitting services, and customized third-party logistics (3PL). To learn more about ISL, visit https://www.incrediblesupply.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/20250224082074/en/

Investor Relations and Media Contact:

Brian Siegel, IRC®, M.B.A.

Senior Managing Director

Hayden IR

(346) 396-8696

brian@haydenir.com

Source: Laser Photonics Corporation

FAQ

What is the latest Navy order received by Laser Photonics (LASE) in 2024?

Laser Photonics received a second order for its DefenseTech MRLS Portable Finishing Laser (MF-1020) handheld cleaning system from a Navy command in Virginia Beach through distributor Incredible Supply & Logistics.

How does the LASE DefenseTech MRLS Portable Finishing Laser system benefit the Navy?

The system provides cleaner, safer, and more efficient maintenance solutions by removing rust, coatings, and residue without damaging surfaces, while eliminating chemical use and reducing secondary waste and health risks.

What are the key features of LASE's DTMF-1020 laser cleaning system?

The DTMF-1020 is an air-cooled handheld pulsed laser cleaning system with dual-axis technology, designed for efficient maintenance processes and eco-friendly surface cleaning.

Which distribution partner is helping LASE secure Navy orders?

Incredible Supply & Logistics (ISL), an award-winning product distribution and third-party logistics company, is facilitating the Navy orders for Laser Photonics.