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The ancient advanced civilizations before the great flood had tech similar to this!😆
AMAZING TECH...LOVE TO HAVE ONE AND OPEN UP small business...
There is your $10 bucks along with a fresh 52-week high😆
Laser Photonics Releases Shareholder Letter on Growth and Strategic Plans
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, has released a shareholder letter.
Dear Laser Photonics Shareholders,
As we’re about to end the third quarter and transition into the fourth, we are delighted to share with you the latest accomplishments at Laser Photonics and reveal some strategic plans. This year, we have witnessed a growing awareness of the benefits of laser material processing from enterprises in a wide range of industries – to name a few, we have served clients operating in defense, nuclear power, oil and gas, nondestructive testing, robotics, and more. Along with this interest from industry professionals in our products, we have seen our stock rise significantly over the past months.
Internally, our commitment to continuously improve our technology, expand our sales and marketing efforts, and deliver outstanding shareholder returns remains vigorous.
Portfolio Expansion and Technological Advancements
Laser Photonics strives to make laser-powered technology accessible to small businesses and large enterprises that tackle the challenges of material processing. We have a robust portfolio of both stationery and handheld fiber laser systems for cleaning and surface conditioning, cutting, marking, and welding. Our product design and engineering teams stand ready to customize these systems according to our clients’ special requirements. LPC is also working to develop entry level laser cleaning models to increase access to our laser technology.
This year, we have upgraded our CleanTech cleaning and surface treatment products by integrating additional safety features, mobile connectivity, and automation. Our handheld laser cleaning systems are now more user-friendly, compact, mobile, and versatile than ever before. We are also increasing the output power of our Marlin portable line of laser systems for surface treatment in marine applications.
Further, LPC has enhanced its defense and military-oriented product line as we offer DefenseTech laser systems in collaboration with Fonon Technologies, our promotion sibling for defense and military applications. With new partnerships and increased sales in this division, this venture has proven its success and achieved a new level of monetization lately.
Expansion of Team and Facilities
We have been actively attracting new talents to expand our capabilities and accelerate efforts in sales and engineering. Among top management, LPC has welcomed a new Vice President of Sales, as well as new Directors for Semiconductor, Additive Manufacturing, and Outside Sales.
To accommodate our growing personnel and boost logistics and quality control, we are expanding to a new facility in Lake Mary, Fla. The new facility will also house LPC's state-of-the-art Customer Experience Center (CEC), where prospective clients will try out our advanced laser technology. A laser equipment training center for customers is also in the works. It will serve as a comprehensive educational hub for team leaders and individual users to receive hands-on practical guidance on the operation and maintenance of a laser system.
Marketing and Outreach
To expand our visibility and awareness in various industrial sectors and capital markets, we have actively participated in several key conferences this year, including NCMS technology showcases for government contractors, MegaRust 2024 in San Diego, focusing on corrosion solutions for the Navy, and many others.
In the near term, LPC is planning to attend the 2024 MINExpo International in Las Vegas and FABTECH 2024 in Orlando, Fla. We look forward to illustrating how our technology can improve mining and manufacturing operations and plant the seeds for new sales and partnerships. We would love to meet and connect with you there.
Further, LPC is continuing its successful multi-city Product Roadshows, bringing laser systems directly to customers for hands-on experience and interactive sessions. Each roadshow features product demos, panel discussions, marketing material distribution, Q&A sessions on industry trends, ESG benefits, and value propositions, helping prospective clients discover how LPC’s laser systems can meet their needs.
Strategic Plans and Diversification
With support from our parent company Fonon, an industrial laser equipment developer with four decades of expertise, we are throwing forces into the development of zero-width cutting technology for semiconductor materials, and the integration of AI into laser-powered robotic systems.
Together with Fonon, we have been advancing the development of the prototype for the Laser Shield Anti-Drone System (LSAD), a cutting-edge defense solution against unauthorized drones. Early tests at LPC’s Orlando R&D facility have been successful, marking a significant milestone for our teams.
Building on strategic pillars of sustainable laser material processing and superior customer value, we aim to increase our impact and scale up operations, diversify into new markets, and play a bigger role in both global and domestic regions. LPC will continue investing in product development, customer acquisition, and deepening our partnerships.
Reflecting on our recent accomplishments fills us with pride and excitement. Watching our community expand and our market capitalization increase reassures us that we are on the right track. Thank you for your unwavering support from Team Laser Photonics.
Regards,
Laser Photonics Corporation
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
LASE................................................https://stockcharts.com/h-sc/ui?s=LASE&p=W&b=5&g=0&id=p86431144783
Laser Photonics To Deliver DefenseTech Laser Cleaning Tool to Pearl Harbor Naval Shipyard & IMTF
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 that it is processing the order for a DefenseTech laser system from the Pearl Harbor Naval Shipyard and Intermediate Maintenance Facility (PHNSY & IMF).
LPC is to deliver to PHNSY & IMF the DefenseTech MRLS Portable Finishing Laser 1010 (DTMF-1010) – an ultra-compact and portable pulsed fiber laser system for surface treatment. Designed explicitly for the naval tool kit, the DTMF-1010 is efficient in small-scale de-oxidation and rust control, top-layer coating removal and micro-surface polishing.
“Fonon Technologies is our trusted partner in promoting our laser-powered solutions to the U.S. Navy and defense maintenance professionals,” said Wayne Tupuola, CEO of LPC. “We developed the DTMF-1010 to make the surface treatment of naval assets near waterways a more sustainable process, and we are excited about this order from the Pearl Harbor Naval Shipyard.”
This order underscores the dedication of LPC and Fonon Technologies to equip naval bases, dry docks, boatyards and marinas with top-tier laser solutions and solidifies their reputation in the defense industry.
DefenseTech laser systems present a sustainable approach to surface preparation in defense and naval MRO settings, eliminating the need for toxic chemicals and abrasive media, thus reducing secondary waste and health risks for operators. DefenseTech systems efficiently remove corrosion, coatings, oil, wax, and residue while preserving the integrity of critical components, ensuring operational readiness and extending equipment lifespan.
For more information about Laser Photonics’ wide range of industrial laser solutions, visit https://www.laserphotonics.com/ or contact us at https://www.laserphotonics.com/contact. If interested in learning more about defense-based laser systems and the DefenseTech line of products, please visit https://fonon.us or contact Fonon Technologies’ sales department at sales@fonon.us.
About Laser Photonics Corporation
Hi Slim. LASE is a futuristic Company and IMHO should do well in the longer term. Today's news had no $ figure attached which suggests to me that it is not very much of a deal for them. LASE will need cash soon as they have a large cash burn rate and with the growth comes some pain. Once they announce a PP IMHO the shares tank back to $2.00 I just got lucky it was overbought!
LASE dropped more than $3 per share during the last 24 hours. You sure know how to pick them! Way overvalued.
Laser Photonics Lands Sale With Acuren, Leader in Nondestructive Testing Services
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, announced today that it has completed a sale and is working on a partnership agreement with the U.S. division of Acuren, a leading provider of asset protection services through nondestructive testing (NDT) and consulting.
LPC is to deliver its CleanTech Industrial Roughening Laser 3050 (CTIR-3050) to the U.S. Operations of Acuren in a sale that marks the beginning of the two companies’ relationship. The two companies are working together to have LPC join Acuren as a preferred partner for an ongoing purchasing program. This collaboration will provide Acuren with a smooth, expedited path for R&D and product customization processes, paving the way for the continued growth of both companies.
Acuren is one of the world’s largest inspection services companies, offering a wide range of NDT services through radiographic and ultrasonic testing, ground penetrating radar, infrared thermography and rope access technology (RAT). Acuren offers consulting engineering and lab testing services to enterprises in industry segments including chemical, nuclear power, pipeline, refinery, power generation, oil, automotive, aerospace, mining, manufacturing, renewable energy and pulp and paper.
“We are thrilled about working with Acuren – this order represents a major achievement for Laser Photonics as we venture into the nondestructive testing market,” said Wayne Tupuola, CEO of LPC. “Our laser surface treatment technology is a sustainable and efficient solution for corrosion removal and the protection of critical infrastructures.”
This sale strengthens LPC’s expanding presence in North America, increasing the brand’s recognizability amongst industry professionals and opening new business opportunities. The CTIR-3050 is LPC’s most powerful handheld laser system, offering top speed and efficiency for heavy-duty surface treatment applications.
For more information, visit Laser Photonics at https://laserphotonics.com/.
Currently, there are no PP and or offerings made public, you bring up an excellent point Moonboy because after checking the Q there is substantial cash burn and even if revenues increase as they say they will it won't be nearly enough to fund operations. So I think we'll see an offering within 1 month or two. I still love this Company's futuristic technology and my thinking is any new significant $$ order/contract will explode these shares. I still like anything under $4.00
Exactly.I couldn't figure out what was going on. I've been working all day and couldn't check it. Good call. I would imagine they did an offering without reading the news?
Did I tell you yesterday that it was overbought and will come down HARD? In fact it came down so HARD that it got halted at $4.20
$LASE new 52 weeks high $9.36
It's overbought. I am now out of 3/4 of my holdings. Just holding the rest just in case they keep pumping. IMHO when she comes down it will be a hard drop.
Well it's soaring so nothing I can do about it but watch. But something else will soar tomorrow so it's not the end of the world. Glad to see some people making bank here. I did well buying in the $3.50 range last week and selling just above $6. This will all settle back down soon enough in my opinion.
Laser Photonics Shares Concept Animation of Next-Gen CleanTech Robotic Cell
ORLANDO, Fla.--(BUSINESS WIRE)-- Laser Photonics Corporation (LPC) (NASDAQ: LASE), a leading global industrial developer of laser systems for cleaning and other material processing applications, unveils the visual concept of its next-generation CleanTech Industrial Robotic Cell 6040 (CTIR-6040), in response to the increasing focus on worker safety in industrial operations.
This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240910646258/en/
Increasingly, enterprises in the industrial sector view worker safety not only as their moral and legal obligation but also as a strategic business decision. Driven by this prioritization of safety, as well as by labor shortages, technological advancements, and the need for customization tools, the robot cell market has been surging. The value of this market is forecast to reach $12.8 billion by 2034 from its 2024 value of $3.5 billion, growing at a CAGR of 14.6%, according to an April 2024 analysis by Fact.MR.
LPC is one of the innovators driving this shift toward industrial automation. Nearly a year ago, the company revealed its first CleanTech Robotic Cell, which combined advanced laser technology with human-operated robotics inside the enclosed workcell. Now, LPC carries its next-generation CTIR-6040, equipped with additional safety measures, mobile connectivity, and new customization features.
“Our team at Laser Photonics is elevating the bar for safe, repeatable, and precise laser cleaning,” said Wayne Tupuola, CEO of LPC. “We are one of the first to equip the robotic arm with laser cleaning capabilities, and we have continued to advance this technology to stay ahead of the curve and expand our technological lead and market opportunities.”
The CTIR-6040 comes with a custom workcell best suited to the needs of the client. Configurations include Class IV or Class I safety enclosure, fume extractor installation, variable laser system integration, flexible programming, and more. LPC invites its community to view the visual concept of the CTIR-6040 on its corporate website.
For more information about the CleanTech line of laser cleaning systems, please visit https://www.laserphotonics.com or contact our sales department at fiberlaser@laserphotonics.com.
Yes, I agree. If it should drop under $4.00 then IMHO it's a strong buy. These guys post job openings on Linkedin so my feeling is they have contracts in the hopper.
Yep. I'll wait for a pull back before I get back in. If it doesn't oh well. But this thing could tank 50% in a heart beat the way it's ran this week. Just too much if a gamble for me at these levels
$LASE new 52-week high again!
LASE............................................https://stockcharts.com/h-sc/ui?s=LASE&p=W&b=5&g=0&id=p86431144783
The only and most important reason + Laser Photonics Corporation Announces It Has Regained Compliance With Nasdaq Listing Standards
ORLANDO, Fla.--(BUSINESS WIRE)-- Laser Photonics Corporation (LPC) (NASDAQ: LASE), a leading global industrial developer of laser systems for cleaning and other material processing applications, announced today that the Company received a letter from Nasdaq stating that the Company was now in compliance with Listing Rule 5250(c)(1).
So if earnings sucked then why is now back to $6.00 and hit almost $7 today? Makes zero sense.
$LASE new 52 week high
It tanked due to a lousy earnings report. I told Monks that I was going to dump at $4.00 because they filed for an extension but I didn't because it immediately dropped to $3.30 so I was like fluck! Then earnings came out and it got crushed to $2.30 and I was like I KNEW I SHOULD HAVE DUMPED @ $4.00
It was just luck on my part that I held.
I added this at $3.30 two days ago. Still havnt figured out why it tanked to start with. No news anywhere that I can see. But quite honestly after today I could care less haha
$LASE New 52-week high!
Excellent reaction to this =======Laser Photonics Regains Compliance With Nasdaq Listing Requirements
ORLANDO, Fla.--(BUSINESS WIRE)-- Laser Photonics Corporation (LPC) (NASDAQ: LASE), a leading global industrial developer of laser systems for cleaning and other material processing applications, announced today that the Company received a letter from Nasdaq stating that the Company was now in compliance with Listing Rule 5250(c)(1).
LASE.........................................https://stockcharts.com/h-sc/ui?s=LASE&p=W&b=5&g=0&id=p86431144783
Wow, LASE is losing $2 million per quarter. Tangible assets are plummeting. Shareholders are getting diluted.
LASE...........................https://stockcharts.com/h-sc/ui?s=LASE&p=W&b=5&g=0&id=p86431144783
Laser Photonics Corporation Announces Pricing of $3.0 Million Private Placement
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, today announced that it has entered into a securities purchase agreement with institutional investors for aggregate gross cash proceeds of $3.0 million, before deducting fees to the placement agent and other offering expenses payable by the Company. The Company intends to use the net proceeds from the private placement for working capital and general corporate purposes.
In connection with the private placement, the Company will issue an aggregate of 1,500,000 units and pre-funded units. The pre-funded units will be sold at the same purchase price as the units, less the pre-funded warrant exercise price of $0.001. Each unit and pre-funded unit will consist of one share of common stock (or one pre-funded warrant) and one common warrant, each exercisable for one share of common stock at an exercise price of $4.34 per share. The common warrant will be exercisable on the earlier of six months after issuance or shareholder approval and will expire 5.5 years from issuance.
The closing of the private placement is expected to occur on or about August 19, 2024, subject to the satisfaction of customary closing conditions.
Aegis Capital Corp. is acting as the Exclusive Placement Agent for the private placement. CM Law PLLC is serving as counsel to the Company for the private placement. Kaufman & Canoles, P.C. is serving as counsel to Aegis Capital Corp. for the private placement.
The securities described above are being sold in a private placement exempt from the registration requirements of the Securities Act of 1933, as amended (the “Act”), and have not been registered under the Act, or applicable state securities laws. Accordingly, the securities may not be offered or sold in the United States except pursuant to an effective registration statement or an applicable exemption from the registration requirements of the Act and such applicable state securities laws. Pursuant to a registration rights agreement with the investor, the Company has agreed to file one or more registration statements with the Securities and Exchange Commission (the “SEC”) covering the resale of the shares of common stock sold in the private placement and the shares of common stock issuable upon exercise of the pre-funded warrants and the warrants sold in the private placement.
This press release shall not constitute an offer to sell or the solicitation of an offer to buy any of the securities described herein, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation, or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.
About Laser Photonics Corporation
Laser Photonics Scores Dual Order From Global Oil Giant Through Distributor
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, announced today that it has scored an international order for two of its laser machines, the CleanTech 100-CTHD and the MarkStar 20-MSH-Pro, from a global oil and gas producer through a distributor located abroad.
As an innovative method to remove corrosion, laser ablation technology increasingly finds its way into the energy sector. For the oil and gas industry specifically, it provides a safe, sustainable, and efficient method to remove rust from critical equipment and infrastructure to restore their integrity, reduce the risk of leaks, and ensure uninterrupted functionality.
LPC’s CleanTech Handheld LPC-100-CTHD, acquired by a major oil and gas producer based abroad, is a precision pulsed laser instrument that integrates dual axis technology for the effective processing of complex shapes and surfaces. The CleanTech 100-CTHD is a compact and mobile handheld unit, ready for in-field cleaning, polishing, and other surface preparation needs of a small scale.
“This order marks a significant milestone for Laser Photonics as we expand into the oil and gas market,” said Wayne Tupuola, CEO of LPC. “As awareness of this innovative cleaning method grows, laser-blasting proves its versatility across numerous industries. Wherever rust removal is needed, our state-of-the-art machines are the solution.”
The second product in the dual order, the MarkStar 20-MSH-Pro, is LPC’s flagship laser marking system. This tool enables precise, permanent, and on-the-fly marking on various materials, including curved and textured surfaces. Laser marking is a quick and efficient method for identification, traceability, and streamlined inventory management. The MarkStar 20-MSH-Pro is maintenance-free, easy to master, and requires no consumables to operate.
This sale strengthens LPC’s expanding international presence. While the company continues to prioritize North America as its primary market, the increasing share of overseas sales highlights its expanding brand recognition and opens up new opportunities for attracting a broader customer base. By tapping into diverse markets, LPC can leverage new partnerships, adapt to varying industry needs, and drive further innovation. The company’s commitment to sustainability and providing cutting-edge solutions resonates with clients worldwide, paving the way for sustained growth and success on a global scale.
For more information, visit Laser Photonics at https://laserphotonics.com/.
Laser Photonics To Deliver DefenseTech Laser Cleaning Technology Through Incredible Supply & Logistics for Use at Naval Command
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.
Late filing report. Bunch of bastards https://www.otcmarkets.com/filing/html?id=17756419&guid=z3O-kaOswTIjJth
Most likely because the earnings are gonna be rubbish. This NEWS was a buffer IMHO! Pre mkt was $6.55 what a bunch of manipulating bastards at the Company
Laser Photonics and Boston Engineering Announce Partnership To Equip Naval Robotic Crawler With Laser Technology
ORLANDO, Fla.--(BUSINESS WIRE)-- Laser Photonics Corporation (LPC) (NASDAQ: LASE), a leading global developer of industrial laser systems for laser cleaning and other material processing applications, and Boston Engineering Corporation (Boston Engineering), a product design and engineering consulting company, announced that they have formed a partnership to integrate laser technologies into autonomous robots for use in the naval defense industry.
Boston Engineering specializes in developing unmanned vehicles that can autonomously perform tasks previously done by humans. This has resulted in the company creating systems that help complete operational tasks in the maritime industry faster and more precisely. Boston Engineering has also created technologies that protect people from injury and, in many cases, extend detection, inspection and repair capabilities. Now, Boston Engineering has selected LPC as its technology partner to provide advanced laser tools for integration into its robotic crawler technology.
“Laser Photonics enters this partnership with Boston Engineering with great enthusiasm, eager to combine the power of autonomous robots and laser technology,” said Wayne Tupuola, CEO of LPC. “We are ready to revolutionize the way naval drydock and related maintenance operations are performed, helping address the challenges of labor shortages and safety concerns in situations where fast fleet turnaround is critical.”
Boston Engineering will incorporate LPC’s cutting-edge laser technologies into its robotic crawler, which will then be able to scale ship hulls and other structures to automate corrosion removal, contamination cleaning, and other material processing tasks safely and effectively. This includes effectively operating in hard-to-reach and dangerous areas.
Mark Smithers, CTO and co-founder of Boston Engineering, said: “There’s a big push in the naval defense space for automation. The addition of LPC technology to our robotic crawler gives us another potent asset in our arsenal. Laser cleaning is highly time- and labor-efficient for optimizing maintenance and repair. We look forward to equipping our crawler with laser power through this partnership.”
Integrating these two technologies together will lead to a definitive solution for professionals in the defense, maritime, shipbuilding and boat maintenance/repair industries who are looking for a viable and safe method of effectively addressing surface preparation, cleaning, decontamination and restoration.
For more information, visit Laser Photonics at https://laserphotonics.com/ or Boston Engineering at https://www.boston-engineering.com/.
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