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Laser Photonics Welcomes New Sales Director To Propel Semiconductor and Display Panel Market Penetration

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Laser Photonics (NASDAQ: LASE) has appointed Brady A. Hart as its new Semiconductor and Display Sales Director, aligning with the company's expansion into the semiconductor and flat panel display markets. Hart brings over 23 years of experience in B2B sales and strategic management from previous roles at Microtips Technology and Precision Electronic Glass.

This appointment is part of LPC's strategy to leverage its Zero Width Laser Cutting technology alongside opportunities provided by the U.S. Government's CHIPS and Science Act. The semiconductor industry is experiencing significant growth, with over 65 new projects announced since 2022, representing more than $250 billion in investments over the next five years. The worldwide wafer dicing equipment market is expected to reach $1.2 billion by 2030.

Laser Photonics (NASDAQ: LASE) ha nominato Brady A. Hart come nuovo Direttore Vendite per i Semiconduttori e i Display, in linea con l'espansione dell'azienda nei mercati dei semiconduttori e dei display a pannello piatto. Hart porta con sé oltre 23 anni di esperienza nelle vendite B2B e nella gestione strategica, maturata in ruoli precedenti presso Microtips Technology e Precision Electronic Glass.

Questa nomina fa parte della strategia di LPC di sfruttare la sua tecnologia di taglio laser a larghezza zero in concomitanza con le opportunità offerte dal CHIPS and Science Act del governo degli Stati Uniti. L'industria dei semiconduttori sta vivendo una significativa crescita, con oltre 65 nuovi progetti annunciati dal 2022, che rappresentano più di 250 miliardi di dollari di investimenti nei prossimi cinque anni. Si prevede che il mercato mondiale delle attrezzature per il taglio dei wafer raggiunga i 1,2 miliardi di dollari entro il 2030.

Laser Photonics (NASDAQ: LASE) ha nombrado a Brady A. Hart como su nuevo Director de Ventas de Semiconductores y Pantallas, alineándose con la expansión de la compañía en los mercados de semiconductores y pantallas de panel plano. Hart aporta más de 23 años de experiencia en ventas B2B y gestión estratégica de roles anteriores en Microtips Technology y Precision Electronic Glass.

Este nombramiento es parte de la estrategia de LPC para aprovechar su tecnología de corte láser de ancho cero junto con las oportunidades proporcionadas por la Ley CHIPS y Ciencia del gobierno de los EE. UU. La industria de los semiconductores está experimentando un crecimiento significativo, con más de 65 nuevos proyectos anunciados desde 2022, que representan más de 250 mil millones de dólares en inversiones durante los próximos cinco años. Se espera que el mercado mundial de equipos de corte de obleas alcance los 1,2 mil millones de dólares para 2030.

레이저 포토닉스 (NASDAQ: LASE)가 브래디 A. 하트를 신임 반도체 및 디스플레이 영업 이사로 임명했습니다. 이는 회사가 반도체 및 평판 디스플레이 시장으로 확장하는 데 맞춰진 것입니다. 하트는 마이크로팁스 테크놀로지와 프리시전 일렉트로닉 글래스에서의 이전 역할을 통해 B2B 영업 및 전략 관리에서 23년 이상의 경험을 쌓아왔습니다.

이번 임명은 LPC가 자사의 제로 너비 레이저 절단 기술를 활용하고 미국 정부의 CHIPS 및 과학법에서 제공하는 기회를 활용하는 전략의 일환입니다. 반도체 산업은 2022년 이후 65개 이상의 신규 프로젝트가 발표되었으며, 향후 5년간 2,500억 달러 이상의 투자에 해당하는 중요 성장을 경험하고 있습니다. 전 세계 웨이퍼 절단 장비 시장은 2030년까지 12억 달러에 이를 것으로 예상됩니다.

Laser Photonics (NASDAQ: LASE) a nommé Brady A. Hart en tant que nouveau Directeur des Ventes pour les Semiconducteurs et les Écrans, s'inscrivant dans l'expansion de l'entreprise sur les marchés des semiconducteurs et des panneaux plats. Hart fait état de plus de 23 ans d'expérience en vente B2B et en gestion stratégique, acquise dans des rôles précédents chez Microtips Technology et Precision Electronic Glass.

Cette nomination fait partie de la stratégie de LPC visant à tirer parti de sa technologie de découpe laser à largeur nulle tout en profitant des opportunités offertes par la loi CHIPS et Science du gouvernement américain. L'industrie des semiconducteurs connaît une croissance significative, avec plus de 65 nouveaux projets annoncés depuis 2022, représentant plus de 250 milliards de dollars d'investissements au cours des cinq prochaines années. Le marché mondial des équipements de découpe de wafers devrait atteindre 1,2 milliard de dollars d'ici 2030.

Laser Photonics (NASDAQ: LASE) hat Brady A. Hart zum neuen Verkaufsdirektor für Halbleiter und Displays ernannt, um der Expansion des Unternehmens in die Märkte für Halbleiter und Flachbildschirme Rechnung zu tragen. Hart bringt über 23 Jahre Erfahrung im B2B-Vertrieb und strategischen Management aus vorherigen Positionen bei Microtips Technology und Precision Electronic Glass mit.

Diese Ernennung ist Teil der Strategie von LPC, ihre Zero Width Laser Cutting-Technologie in Verbindung mit den Möglichkeiten, die das CHIPS and Science Act der US-Regierung bietet, zu nutzen. Die Halbleiterindustrie wächst erheblich, mit über 65 neuen Projekten, die seit 2022 angekündigt wurden, was mehr als 250 Milliarden Dollar an Investitionen in den nächsten fünf Jahren darstellt. Der weltweite Markt für Wafer-Schneidausrüstung wird voraussichtlich bis 2030 1,2 Milliarden Dollar erreichen.

Positive
  • Appointment of experienced Sales Director for semiconductor and display markets
  • Expansion into fast-growing semiconductor and flat panel display markets
  • Potential to leverage opportunities from the CHIPS and Science Act
  • Targeting a growing wafer dicing equipment market expected to reach $1.2 billion by 2030
Negative
  • None.

Insights

The appointment of Brady A. Hart as Semiconductor and Display Sales Director at Laser Photonics (LPC) is a strategic move with potential long-term implications. While not immediately impactful for investors, it signals LPC's intent to diversify and expand into the semiconductor and flat panel display markets.

The semiconductor industry is experiencing significant growth, driven by the CHIPS and Science Act, with $250 billion in new investments expected over the next five years. The wafer dicing equipment market, valued at $900 million in 2023, is projected to reach $1.2 billion by 2030. Hart's experience in glass and quartz product manufacturing aligns well with these opportunities.

However, investors should note that entering new markets often involves challenges and uncertainties. LPC's success will depend on how effectively it can leverage its Zero Width Laser Cutting technology and compete in these established industries. While the potential is significant, it may take time to see tangible financial results from this strategic move.

LPC's focus on Zero Width Laser Cutting technology for the semiconductor industry is technologically significant. This precision technique could potentially address critical challenges in semiconductor manufacturing, such as reducing kerf loss and improving yield in wafer dicing processes.

The semiconductor industry's push for smaller, more efficient chips aligns well with advanced laser cutting technologies. LPC's entry into this market could drive innovation in chip production processes. However, the semiconductor industry is highly competitive and technologically advanced. LPC will need to demonstrate clear technological advantages and cost-effectiveness to gain market share.

Investors should monitor LPC's R&D progress and any partnerships or collaborations with major semiconductor manufacturers, as these will be important indicators of the company's potential success in this new market.

LPC brings in significant industry sales experience to drive laser cutting technology sales in these new markets

ORLANDO, Fla.--(BUSINESS WIRE)-- Laser Photonics Corporation (NASDAQ: LASE) (LPC), a leading global developer of laser systems for cleaning and other material processing applications, announced today that it has appointed Brady A. Hart as its new Semiconductor and Display Sales Director as part of its long-term growth and diversification strategy.

Prior to joining Laser Photonics, Hart served as the Regional Sales Manager for the West Coast at Microtips Technology, a custom LCD display manufacturer, and as Strategic Account Manager for Precision Electronic Glass, a provider of custom glass and quartz products around the world. He also held top management roles at Scientific Glass International, a custom manufacturer of scientific glass for technology industries and laboratory applications.

This strategic appointment aligns with LPC's expansion into the fast-growing semiconductor and flat panel display markets. LPC plans to leverage its Zero Width Laser Cutting technology and other innovations in laser cutting alongside the opportunities provided by the U.S. Government's CHIPS and Science Act aimed at boosting domestic investment in semiconductor research and development in the U.S. Since its enactment in 2022, more than 65 new or expanded projects have been announced, representing more than $250 billion in new investments over the next five years.

Meanwhile, the worldwide wafer dicing equipment market was valued at nearly $900 million in 2023 and is expected to reach $1.2 billion by 2030. Hart's sales expertise at glass and quartz product manufacturing companies will be instrumental in helping LPC expand its footprint in this rapidly growing industry.

"We are excited about Brady joining our team to lead sales for our Semiconductor and Display group," said Wayne Tupuola, CEO of LPC. "Brady brings a wealth of expertise and achievement in business-to-business sales and operations management, honed through his impressive tenure at growth-focused companies. As we continue to invest in our sales organization over the next year, Brady's leadership will be instrumental in implementing the innovative technical and capital sales processes necessary for our growth."

Hart added, "I am thrilled to join Laser Photonics on its journey to bringing its advanced laser technologies to the semiconductor industry."

Hart received his B.S. in Accounting and Management from the University of Florida. He brings over 23 years of strategic management and sales leadership experience in business-to-business (B2B) sales, strategic planning, technical sales and operations, account management, product development and launch, financial analysis and forecasting, training and development, and inventory planning.

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/.

Cautionary Note Concerning Forward-Looking Statements

This press release contains forward-looking statements within the meaning of applicable securities laws. These statements are based on current expectations as of the date of this press release and involve risks and uncertainties that may cause results and uses of proceeds to differ materially from those indicated by these forward-looking statements. We encourage readers to review the “Risk Factors” in our Registration Statement for a comprehensive understanding. Laser Photonics Corp. undertakes no obligation to revise or update any forward-looking statements, except as required by applicable laws or regulations, to reflect events or circumstances after the date of this press release.

Investor Relations Contact:

laser@haydenir.com



Media Contact:

Karla Kizzort

KKizzort@laserphotonics.com

Source: Laser Photonics Corporation

FAQ

Who is the new Semiconductor and Display Sales Director at Laser Photonics (LASE)?

Brady A. Hart has been appointed as the new Semiconductor and Display Sales Director at Laser Photonics (NASDAQ: LASE).

What is Laser Photonics' (LASE) strategy for growth in the semiconductor industry?

Laser Photonics (LASE) plans to leverage its Zero Width Laser Cutting technology and other innovations in laser cutting, alongside opportunities provided by the U.S. Government's CHIPS and Science Act, to expand into the semiconductor and flat panel display markets.

How large is the projected market for wafer dicing equipment that Laser Photonics (LASE) is targeting?

The worldwide wafer dicing equipment market, which Laser Photonics (LASE) is targeting, was valued at nearly $900 million in 2023 and is expected to reach $1.2 billion by 2030.

What experience does Brady Hart bring to Laser Photonics (LASE)?

Brady Hart brings over 23 years of experience in B2B sales, strategic management, and sales leadership, including roles at Microtips Technology and Precision Electronic Glass, to Laser Photonics (LASE).

Laser Photonics Corporation

NASDAQ:LASE

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