Welcome to our dedicated page for Laser Photonics news (Ticker: LASE), a resource for investors and traders seeking the latest updates and insights on Laser Photonics stock.
Laser Photonics Corp (NASDAQ: LASE) delivers innovative laser cleaning solutions that transform industrial surface processing across aerospace, automotive, and manufacturing sectors. This news hub provides investors and industry professionals with essential updates about the company's patented photonics technologies and market developments.
Access real-time announcements including quarterly earnings, product innovations, and strategic partnerships. Our curated collection helps stakeholders monitor advancements in eco-friendly laser blasting systems and their applications in corrosion control, surface preparation, and precision manufacturing.
Key updates cover regulatory milestones, technology certifications, and expansion into new industrial markets. Bookmark this page for streamlined access to official press releases and objective analysis of LASE's role in advancing sustainable manufacturing alternatives to traditional abrasive methods.
Laser Photonics (NASDAQ: LASE) has secured a repeat order from Acuren, a major nondestructive testing (NDT) service provider. The order involves delivering an additional CleanTech Industrial Roughening Laser 3050 (CTIR-3050) system, which features continuous wave fiber laser and dual axis technology for surface preparation.
Acuren, one of the world's largest inspection service providers, offers various NDT solutions including radiographic and ultrasonic testing, ground-penetrating radar, infrared thermography, and rope access technology. They serve multiple industrial sectors including chemical, pipelines, refineries, power generation, automotive, aerospace, mining, manufacturing, renewable energy, and paper production.
Laser Photonics (NASDAQ: LASE) and its sister company Fonon Technologies have completed training sessions at the Pearl Harbor Naval Shipyard and Intermediate Maintenance Facility (PHNSY & IMF) for their DefenseTech laser system. The training focused on the safe and optimal use of the DefenseTech MRLS Portable Finishing Laser 1010 (DTMF-1010), previously purchased by the facility.
The training program included safety instructions and hands-on practice with the portable pulsed fiber laser system, which is designed for naval applications including de-oxidation, rust control, coating removal, and micro-surface polishing. The technology offers a sustainable approach to surface preparation by eliminating toxic chemicals and abrasive media, reducing secondary waste and operator health risks.
Laser Photonics (NASDAQ: LASE) and its subsidiary Control Micro Systems (CMS Laser) announced the expansion of their PCB Depaneling technology development project for the electronics market. The company is advancing its laser processing technology, which offers advantages including non-contact operation, narrow kerf width, and precision in PCB depaneling.
The company provides systems with both CO2 and UV laser options, where CO2 lasers offer speed and cost efficiency, while UV lasers provide cleaner cuts with minimal charring. CMS Laser's Class I PCB depaneling systems feature Through the Optics Vision (TTOV) technology and CMS Process Engine software, enabling precise processing and user-friendly operation.
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.
Laser Photonics (NASDAQ: LASE) has secured a new order from Cooper Nuclear Station (CNS), Nebraska's largest single-unit generator. The order is for the CleanTech CR-3010, a commercial-grade handheld laser cleaning system that will be used for paint and rust removal in pre-weld preparation of valves, pipes, and steel plates.
The system effectively removes contaminants, coatings, and radioactive particles from various surfaces during maintenance processes. When combined with a fume extractor, it becomes an essential tool for regular equipment maintenance. This eco-friendly surface preparation method aligns with sustainability goals as it eliminates the need for hazardous consumables and minimizes secondary waste.
Laser Photonics (NASDAQ: LASE) has secured a dual order from Phillips 66, a Fortune 500 oil refiner, for its CleanTech IR-3040 and MarkStar PM-2010 laser systems. The CleanTech IR-3040, a handheld laser cleaning system, will be used for scale removal during pipe and vessel maintenance and surface preparation. The MarkStar PM-2010, a desktop laser marking system, will mark data plates for refinery pressure vessels. Phillips 66 plans to test these technologies at its pioneer site to potentially replace traditional sandblasting processes, aiming to optimize operations, improve safety, and reduce environmental impact.
Laser Photonics (NASDAQ: LASE) reports strong initial results from its recent Control Micro Systems (CMS) acquisition, completed for $1.05 million. In the first month post-acquisition, LPC collected nearly $600,000 in accounts receivable and secured approximately $600,000 in new CMS orders. CMS's current revenue backlog stands at over $3.7 million.
The acquisition strategically positions LPC in the pharmaceutical market, where CMS specializes in precision laser drilling systems for controlled-release pharmaceuticals. This market reached $49.5 billion in 2023 with projected 11% CAGR through 2030. CMS brings expertise in custom laser solutions across various industries, enhancing LPC's capability to offer tailored industrial laser systems.
Laser Photonics (NASDAQ: LASE) and its subsidiary Control Micro Systems (CMS) announced the expansion of their PCB Marking technology development program for the semiconductor and electronics market. The initiative targets a sector projected to reach $1 trillion annually by 2030.
CMS's automated PCB Marking technology enables high-speed etching of serial numbers, barcodes, logos, and tracking data. Their Class I systems can mark various PCB types and use off-axis machine vision with Cognex camera systems for precise processing. This development aligns with LPC's diversification strategy into semiconductor technologies, leveraging CMS's expertise to enhance shareholder value.
Laser Photonics (NASDAQ: LASE), along with its recently acquired subsidiary Control Micro Systems (CMS), announced the expansion of its tablet laser drilling technology development program for the pharmaceutical market. The technology creates sub-millimeter holes in pharmaceutical tablets for osmotic pump time-release drug delivery systems, processing up to 140,000 tablets per hour with orifices as small as 200 microns.
The system features machine vision technology for quality control, checking each tablet twice for hole position, size, and quantity. This expansion represents LPC's strategic move into the pharmaceutical sector, leveraging CMS expertise to diversify its portfolio beyond industrial laser cleaning applications.
Laser Photonics (NASDAQ: LASE) announced the expansion of its semiconductor industry product line. Through its recently acquired subsidiary, Control Micro Systems (CMS), the company has enhanced its portfolio with advanced laser wafer dicing, marking, and scribing technologies. The expansion includes the BlackStar laser wafer dicing system, which improves die yield without water jet cooling, and custom-tailored multi-station laser systems featuring robotic wafer positioning and machine vision. The company also added a chip marking system with ultraviolet laser technology for permanent chip markings.
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