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Laser Photonics To Attend NCMS Technology Showcase at Marine Depot Maintenance Command in Georgia

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Laser Photonics (NASDAQ: LASE), a leader in industrial laser systems, will showcase its products at the NCMS Technology Showcase at the Marine Depot Maintenance Command (MDMC) from June 10-12, 2024, in Albany, GA. The event, held in conjunction with the OIB Commanders and Leaders Peer to Peer conference, provides a platform for technology developers to engage with military leaders. LPC will present its laser systems, including the CleanTech 1500, DefenseTech 2000-MRLS, DefenseTech 100-MLRI, and MARLIN 100M, aimed at addressing corrosion control, coating removal, and maintenance needs for the defense sector. The company's technologies are designed to enhance operational readiness and sustainability of military equipment.

Positive
  • Showcase Event: Laser Photonics' participation in the NCMS Technology Showcase provides significant exposure to military leadership.
  • Product Highlight: Introduction of advanced laser systems like CleanTech 1500 and DefenseTech 2000-MRLS, aimed at solving critical military maintenance issues.
  • Collaboration Opportunities: Potential for new collaborations with the Department of Defense (DOD) and Marine Corps, enhancing business opportunities.
  • Technology Benefits: Products like DefenseTech laser cleaning systems offer eco-friendly, cost-effective solutions, aligning with current industrial trends.
  • Market Position: Reinforces LPC's position as a leader in the industrial laser systems market, particularly in the defense sector.
Negative
  • Event Outcome Uncertain: Participation in the showcase does not guarantee new contracts or immediate financial gains.
  • Niche Market: Heavy reliance on defense sector clients may limit market diversification and expose LPC to sector-specific risks.
  • High Competition: Facing stiff competition from other technology developers could challenge LPC’s market share.

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, is hosting a booth at the NCMS Technology Showcase at the Marine Depot Maintenance Command (MDMC).

Held in coordination with the Organic Industrial Base (OIB) Commanders and Leaders Peer to Peer conference, the Technology Conference presents a forum for technology developers to meet with leadership from the depot maintenance complex, which provides worldwide expeditionary logistics support as well as depot-level maintenance support for rebuild, repairs, engineering solutions and modifications.

"Laser Photonics' laser systems offer advanced solutions for the needs of the Marine Corps and the defense industry that meet military standards," said Wayne Tupuola, CEO of Laser Photonics. "We're eager to discover new opportunities for collaboration among the leading technology experts who serve the MDMC and the Department of Defense (DOD).”

The mission of the MDMC is to provide the Fleet Marine Force (FMF) with worldwide field-level and depot-level maintenance support for rebuild, repairs, engineering solutions, modifications, calibrations, manufacturing and technical services to maximize the operational readiness, lethality, and sustainability of ground combat and combat support weapon systems and equipment. MDMC is comprised of two production plants geographically located in Albany, GA (PPA) and Barstow, CA (PPB). PPA and PPB are multi-commodity depot maintenance complexes that provide worldwide expeditionary logistics support to the FMF and other forces.

The OIB is a collection of government-owned industrial facilities that include arsenals, depots, shipyards and manufacturing plants that support critical military needs, such as ammunition production, equipment storage and disposal, and the repair of weapon systems and defense equipment.

What: 2024 NCMS Technology Showcase at Marine Depot Maintenance Command
When: June 10 – 12, 2024
Where: Marine Corps Logistics Base Albany (814 Radford Blvd., Albany, GA 31704)

At this NCMS Technology Showcase, LPC is presenting a selection of laser systems, including the CleanTech 1500 Air Cooled System, the DefenseTech 2000-MRLS, the DefenseTech 100-MLRI and the MARLIN 100M. The company will also be highlighting its other best-in-industry laser cleaning, marking and cutting systems.

Members of the Marine Corps and depot maintenance professionals will have the chance to learn about how LPC's technology can help with corrosion control and coating removal, optimizing MRO processes and streamlining inventory maintenance. LPC will also talk about its full portfolio of industrial-grade laser systems for material processing.

DefenseTech Laser Cleaning Technology

The DefenseTech product line by Laser Photonics is an eco-friendly, cost-effective and time-efficient system for industrial cleaning, rust removal, coating removal and surface preparation. Laser cleaning equips professionals in the defense industry with the technology they need to maintain equipment integrity and enhance traceability. Our laser cleaning systems effectively accomplish this without damaging underlying surfaces, ensuring prolonged equipment life and operational readiness. For more information, visit https://www.defensetechlaser.com.

MARLIN Laser Cleaning Technology

The MARLIN Handheld LPC-100M-MHS and LPC-200M-MHS are air-cooled pulse laser systems, perfect for small craft marine vessel applications. The equipment’s portable design lends itself to laser cleaning and surface treatment on small areas requiring delicate cleaning, de-painting and other surface preparation operations. The MARLIN product line helps industry professionals tackle their corrosion challenges while saving them time and money.

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 www.laserphotonics.com

About Marine Depot Maintenance Command, (MDMC)

To provide the Fleet Marine Force (FMF) with worldwide field level and depot-level maintenance support for rebuild, repairs, engineering solutions, modifications, calibrations, manufacturing and technical services to maximize operational readiness, lethality, and sustainability of ground combat and combat support weapon systems and equipment. The Marine Depot Maintenance Command (MDMC) is an integral part of the Marine Corps Logistics Base. The MDMC is capable of supporting Marine Corps ground combat and combat support equipment as well as other customers with similar needs.

About NCMS

The National Center for Manufacturing Sciences (NCMS) is a cross-industry technology development consortium, dedicated to improving the competitiveness and strength of the US industrial base. As a member-based organization, it leverages its network of industry government, and academic partners to develop, demonstrate, and transition innovative technologies efficiently, with less risk and lower cost.

Investor Relations Contact:

laser@haydenir.com

Media Contact:

Karla Kizzort

Marketing Specialist

Laser Photonics Corporation

kkizzort@laserphotonics.com

Source: Laser Photonics Corporation

FAQ

What are the dates for the NCMS Technology Showcase?

The NCMS Technology Showcase will be held from June 10-12, 2024.

Where is the NCMS Technology Showcase taking place?

The event will take place at the Marine Depot Maintenance Command in Albany, Georgia.

What laser systems will Laser Photonics showcase at the event?

Laser Photonics will present the CleanTech 1500, DefenseTech 2000-MRLS, DefenseTech 100-MLRI, and MARLIN 100M laser systems.

How can Laser Photonics’ technology benefit the defense sector?

LPC's technology offers solutions for corrosion control, coating removal, and maintenance, enhancing operational readiness and sustainability.

What is the stock symbol for Laser Photonics?

The stock symbol for Laser Photonics is 'LASE'.

Is Laser Photonics targeting any specific industry with its products?

Yes, Laser Photonics is targeting the defense industry with its advanced laser systems.

Laser Photonics Corporation

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