Laser Photonics To Deliver DefenseTech Laser Cleaning Technology Through Incredible Supply & Logistics for Use at Naval Command

Rhea-AI Summary

Laser Photonics (NASDAQ: LASE) has received an order for its DefenseTech MF-1020 portable handheld laser cleaning system through distribution partner Incredible Supply & Logistics (ISL). The system will be used by a local Navy command in Virginia Beach. The DTMF-1020 features dual axis technology and flexible voltage options, making it suitable for both domestic and international use. This order highlights Laser Photonics' growing presence in the defense sector and its commitment to providing sustainable solutions for surface preparation in defense and naval MRO settings.

The DefenseTech laser systems offer an environmentally friendly alternative to traditional cleaning methods, eliminating the need for chemicals and abrasive media. This reduces secondary waste and health risks for operators while effectively removing rust, coatings, and residue from critical components.

Positive

• Secured order for DefenseTech MF-1020 laser cleaning system from U.S. Navy command
• Partnership with ISL enhances distribution capabilities in the defense sector
• DTMF-1020 system offers flexible voltage options for global use
• Laser cleaning technology provides sustainable and efficient surface preparation solution

Negative

• None.

Insights

Financial Analyst

The order for Laser Photonics' DefenseTech MF-1020 laser cleaning system represents a modest positive development for the company. While the exact financial impact isn't disclosed, securing a contract with the U.S. Navy through a distribution partner demonstrates market validation and potential for future orders. However, investors should note that single orders typically don't significantly impact a company's financials unless they're part of a larger contract or indicate a broader adoption trend. The partnership with ISL could be a strategic advantage for accessing more military contracts, potentially leading to revenue growth in the defense sector. Overall, this news suggests positive momentum but requires further context of the company's overall sales and growth strategy to fully assess its impact on stock performance.

Defense Technology Expert

The adoption of Laser Photonics' DefenseTech MF-1020 by a Navy command signifies a shift towards advanced maintenance technologies in military operations. The system's dual-axis technology and flexible voltage options address critical needs for global deployment readiness. The move to laser cleaning aligns with the military's focus on sustainable and efficient maintenance practices, potentially reducing long-term costs and environmental impact. This order could be a precursor to wider adoption across naval facilities if the technology proves effective. The emphasis on eliminating chemicals and abrasive media in cleaning processes demonstrates the Navy's commitment to operator safety and equipment longevity. For investors, this signals potential for market expansion in the defense sector for Laser Photonics, especially if the technology becomes a standard in military maintenance protocols.

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 Fonon Technologies, a subsidiary of Fonon Corporation, announced today that it received an order for its DefenseTech MF-1020 portable handheld laser cleaning system through its distribution partner Incredible Supply & Logistics (ISL), the award-winning product distribution, mission kitting and third-party logistics (3PL) company.

Equipped with dual axis technology, the DTMF-1020 air-cooled handheld pulsed laser system was designed by LPC to facilitate maintenance processes. The DTMF-1020 portable finishing laser system purchased through ISL will be utilized by a local Navy command in the Virginia Beach area.

“We partnered with ISL to deliver effective solutions to the U.S. military, and this deal is a testament to that,” said Bryan Lee, Vice President of Fonon Technologies. “This command required a powerful laser system with flexible voltage – both the 110/125V used in the U.S. and the 220/240V for international use – to be mission-ready, globally. Our next-generation DTMF-1020 portable finishing laser was the best solution on the market.”

This order, received through ISL, underscores the commitment of Laser Photonics and Fonon Technologies to delivering high-quality laser solutions and reinforces its growing reputation in the defense sector.

LPC’s DefenseTech laser systems provide a sustainable solution for surface preparation in defense and naval MRO settings. Laser cleaning eliminates the need for chemicals and abrasive media, significantly reducing secondary waste and health risks for operators. DefenseTech effectively removes rust, coatings and residue while preserving the surface integrity of critical components and ensuring operational readiness and extended equipment lifespan.

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 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.

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/20240815826922/en/

Investor Relations Contact:

laser@haydenir.com

Media Contact:

Karla Kizzort

Marketing Specialist

Laser Photonics Corporation

kkizzort@laserphotonics.com

Source: Laser Photonics

FAQ

What product did Laser Photonics (LASE) receive an order for?

Laser Photonics received an order for its DefenseTech MF-1020 portable handheld laser cleaning system.

Who will be using the DTMF-1020 laser cleaning system from Laser Photonics (LASE)?

The DTMF-1020 laser cleaning system will be utilized by a local Navy command in the Virginia Beach area.

What are the key features of the DTMF-1020 laser cleaning system by Laser Photonics (LASE)?

The DTMF-1020 features dual axis technology, air-cooling, and flexible voltage options (110/125V and 220/240V) for both domestic and international use.

How does Laser Photonics' (LASE) DefenseTech laser cleaning technology benefit the defense sector?

DefenseTech laser systems provide a sustainable solution for surface preparation, eliminating chemicals and abrasive media, reducing waste and health risks, while effectively cleaning critical components.