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Laser Photonics Corporation

Laser Photonics Corporation (LASE)

4.74
-0.02
( -0.42% )
Updated: 09:06:06

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subslover subslover 5 days ago
Laser Photonics Signs Definitive Agreement To Acquire Control Micro Systems
Acquisition to provide entry into the medical and pharmaceutical laser markets

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 it signed a definitive agreement to acquire Control Micro Systems, Inc. (CMS) through an asset purchase agreement (APA). The acquisition is expected to provide an opportunity for Laser Photonics to strategically broaden its market reach, engineering talent and technology portfolio. Terms of the deal were not disclosed.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20241031124381/en/

https://mms.businesswire.com/media/20241031124381/en/2290614/4/CMS-Laser-Logo-Primary_sq_PR.jpg
Wayne Tupuola, CEO of Laser Photonics, commented:

"This acquisition will enable LPC to expand into the massive, growing pharmaceutical and medical manufacturing vertical, a recession-resistant sector with significant barriers to entry, while diversifying our business and providing us with a significant new market opportunity. CMS has worked with world-class pharmaceutical companies, delivering solutions that meet the industry's most stringent standards for both enabling controlled-release tablets and traceability of medications and packaging for compliance."

"We believe CMS is under-valued due to its lack of investment in sales and marketing over the past few years that will benefit from leveraging LPCโ€™s existing sales and marketing infrastructure. LPC plans to unlock additional value through targeted marketing and customer engagement."

"In addition to focusing on expanded sales and marketing, we plan to hire all CMSโ€™ existing workforce, including engineers and customer support personnel, who we believe will add significant value to our company. Upon closing the transaction, LPC is committed to ensuring a seamless transition for ALL existing CMS employees. Current CMS customers can also expect uninterrupted service and support during this transition."

Market Opportunity in Pharmaceutical and Medical Laser Solutions

The pharmaceutical market for controlled-release medications is expanding rapidly, driven by the growing need for more effective and patient-friendly drug delivery systems. Controlled-release tablets, which gradually release medication over time, require precision manufacturing techniques to ensure the proper dosage and timing of active ingredient release. Laser technology plays a critical role in creating micro-drilled apertures in these tablets, ensuring accurate and consistent drug release.

With global pharmaceutical companies focusing on enhancing drug delivery mechanisms, the demand for laser-based solutions like those provided by CMS is expected to rise. CMSโ€™ experience in supplying laser systems to pharmaceutical companies, coupled with Laser Photonics' sales and marketing expertise, positions LPC to take full advantage of this growing market segment.

Additionally, regulatory bodies, including the FDA, are enforcing stricter serialization and traceability requirements, creating opportunities for laser marking systems to become essential in ensuring compliance. Lasers can precisely mark packaging with batch numbers, expiration dates and unique identifiers, helping pharmaceutical companies meet global standards for product safety and anti-counterfeiting measures.

CMS Products and Technologies

CMS has a well-established reputation for delivering precision laser solutions to the pharmaceutical industry, particularly for controlled-release tablet production and packaging compliance. Its laser drilling systems are critical for creating microscopic apertures in tablets, allowing for precise control over drug release rates. This technology is essential for the manufacturing of medications that require gradual, timed release of active ingredients, ensuring improved patient adherence and therapeutic effectiveness.

Additionally, CMSโ€™s advanced laser marking systems are integral to pharmaceutical traceability. These systems enable precise, high-speed marking of batch numbers, expiration dates and unique product identifiers on both medications and packaging, ensuring compliance with global regulations such as those from the FDA and GMP. Laser marking plays a crucial role in preventing counterfeiting, safeguarding patient safety and maintaining the integrity of the pharmaceutical supply chain.

CMS also brings cutting-edge ultrafast laser technologies that enable non-contact processing of sensitive pharmaceutical materials, such as micro-components used in drug delivery systems. These systems reduce material waste and ensure the highest quality standards in production by offering unmatched precision without damaging delicate materials.

Diversification into a Recession-Resistant Vertical

This strategic acquisition expands Laser Photonics' technological capabilities while adding a recession-resistant vertical to its business portfolio. The pharmaceutical industry, driven by constant medical demand, is less vulnerable to economic downturns, providing a stable revenue stream for LPC. The growing demand for controlled-release medications and the increasing need for precision laser solutions in pharmaceutical manufacturing further position LPC for long-term growth.

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 Photonicsโ€™ 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 a 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, maritime, nuclear, and space industries are using Laser Photonicsโ€™ 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 โ€œRisk Factorsโ€ in our Registration Statement for a comprehensive
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subslover subslover 2 weeks ago
Laser Photonics to Showcase Its Next-Generation Maritime Laser Solutions at the Upcoming Fort Lauderdale International Boat Show
ORLANDO, Fla.--(BUSINESS WIRE)-- Laser Photonics Corporation (LPC) (NASDAQ: LASE), a leading global industrial developer of CleanTech systems for laser cleaning and other material applications, today announced that it is hosting a booth at this year's Fort Lauderdale International Boat Show (FLIBS). Owned by the Marine Industries Association of South Florida (MIASF) and produced by Informa Markets, FLIBS is recognized as the largest in-water boat show in the world.

A conference and expo for vessel owners, operators and builders, as well as the vendors and suppliers that serve them, FLIBS spans nearly 90 acres across three million square feet of exhibit space that is connected by an intricate network of water and ground transportation services. The five-day show typically attracts over 100,000 attendees (with almost half from outside of Florida) and 1,000 exhibitors representing 52 countries with more than 1,000 vessels on display, including the industry's latest boats and yachts of all sizes.

"Attendance at the Fort Lauderdale International Boat Show gives us a great opportunity to present our innovative products to boat manufacturers and decision-makers in the industry," said Wayne Tupuola, CEO of Laser Photonics. "We look forward to showing to attendees just how much they can benefit from adopting our technology for applications like rust and corrosion removal, metal cutting, welding and more."

Laser Photonics is encouraging attendees to visit their booth to learn about the company's Marine Professional Portable Finishing Laser 1010 (MLPF-1010), a laser cleaning product developed for the maritime and boat manufacturing industry.

What: Fort Lauderdale International Boat Show 2024
When: October 30 โ€“ November 3, 2024
Where: Booth 667A at 801 Seabreeze Boulevard, Fort Lauderdale, Fla, 33316

CleanTech Laser Cleaning Technology
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subslover subslover 2 weeks ago
Add this to the PR collection:
Laser Photonics Lands Sale With Thermodyne Powder Coating
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 the sale of its CleanTech Industrial Roughening Laser 3050 (CTIR-3050) to Thermodyne Powder Coating, a top provider of powder coating services in Florida that serves hotels, resorts, marinas, boatyards, homeowner associations, condominium complexes and the auto restoration industry.

LPC is to deliver its CleanTech Industrial Roughening Laser 3050 (CTIR-3050) to Thermodyne Power Coating in a sale that marks the beginning of the two companiesโ€™ relationship. Thermodyne specializes in applying a custom-formulated powder coating that is baked to create a durable, protective and attractive finish. These powders, made from resin mixed with pigments, are melted at precise temperatures and cured into a tough, versatile coating. While not indestructible, powder coat finishes are stronger, thicker, and offer better coverage than most standard paints. The CTIR-3050 will be used at Thermodyneโ€™s facility to streamline and enhance pretreatment processes.

Thermodyne works with companies in a number of industries, especially those in the maritime sector. Coastal regions like Florida present harsh conditions for marine craft and structures due to saltwater, sun and air. Thermodyneโ€™s marine-grade powder coating protects parts, boats, docks and structures from corrosion while preserving their appearance.

โ€œPretreatment is crucial for successful powder coating,โ€ stated Wayne Tupuola, CEO of LPC. โ€œWe are delighted to provide Thermodyne with our sustainable and efficient laser cleaning technology to help them streamline pretreatment processes, particularly corrosion removal. Our technologies and corporate values align perfectly with Thermodyneโ€™s goals to enhance safety and protect assets for their customers and within their own operations.โ€

This sale strengthens LPCโ€™s presence in Florida, increasing brand recognition among coating industry professionals and opening new business opportunities. The CTIR-3050 is LPCโ€™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/.
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Awl416 Awl416 2 weeks ago
Itโ€™s starting to really smell in here - 10 plus news/filings this month alone
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subslover subslover 2 weeks ago
Ok GLTY😁
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novicetrader novicetrader 2 weeks ago
added few on the drop to avg down,small position avg 6.07
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subslover subslover 2 weeks ago
Laser Photonics Announces Successful Exhibition Booth at FabTech 2024
ORLANDO, Fla.--(BUSINESS WIRE)-- Laser Photonics Corporation (LPC) (NASDAQ: LASE), a leading global industrial developer of laser systems for laser cleaning and other material processing applications, is excited to announce a successful year of attendance at the FABTECH 2024 tradeshow that took place from October 15 to 17.

The event resulted in Laser Photonics generating 137 new leads from fabricators, metal formers, welding managers, finishing managers and business owners from industries around the world. During the show, Laser Photonics demonstrated two of its industrial-grade semi-automated systems for roughening, conditioning and finishing: the CleanTech Robotic Cell (CTIR-6040) and the Class I CleanTech MegaCenter (CTIR-5040).

This was the first time the two laser systems were brought to a tradeshow by LPC, and both proved to be popular among booth visitors who got to see the technology in person. LPC also showcased its MarkStar 20-MSH-Pro marking solution.

"The significant interest we garnered in our new systems at FABTECH this year is a testament to our continuing growth and the success of our solutions," said Wayne Tupuola, CEO of Laser Photonics. "We are thrilled to continue introducing our laser systems to industry professionals as we participate in more trade shows in the future."

FABTECH is North America's largest metal forming, fabrication, welding and finishing event. This year's event attracted not only attendees from Florida's flourishing manufacturing industry but also participants from around the globe, offering LPC access to a diverse and expansive audience.

Laser Photonics continues to supply world-renowned and Fortune 1000 companies with cost-effective, time-efficient and operator-safe laser systems. For more information, visit Laser Photonics at https://laserphotonics.com/.

CleanTech Laser Cleaning Technology

CleanTech Laser Cleaning products by Laser Photonics provide industry professionals with eco-friendly, cost-effective and time-efficient systems that are utilized for industrial cleaning. Applications include rust removal, paint removal, surface preparation and more. This technology is an excellent alternative to traditional cleaning methods like sandblasting, dry ice blasting and other abrasive blasting techniques.
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Miss Burke Miss Burke 2 weeks ago
What do you think I should do should I make a sell order before monday i bought them for 7.50 should I tale the loss or hold?
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subslover subslover 3 weeks ago
I was on LinkedIn last night, and their CEO was pumping. IMHO, the reason they are putting out too many PRs is the short war going on. Maybe you can get a nice pop for a quick $$$$$$$$$$$$$$$$$$$$ GLTY :)😁
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novicetrader novicetrader 3 weeks ago
back in for a few,the company issuing too many PRs I feel,they need to calm down,lol!
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subslover subslover 3 weeks ago
Laser Photonics Scores Dual Follow-On Sale to NDT Leader Acuren
Leading Nondestructive Testing Company Now a Repeat Client of LPC

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 dual follow-on sale to Acuren, a leading provider of asset protection services through nondestructive testing (NDT) and consulting.

LPC is to deliver two additional CleanTech Industrial Roughening Laser 3050 (CTIR-3050) systems to the Sarnia, Ontario-based operations of Acuren in Canada. The CTIR-3050 is LPCโ€™s most powerful handheld laser system, offering top speed and efficiency for heavy-duty surface preparation.

โ€œWe are delighted to welcome Acuren back as a valued customer,โ€ said Wayne Tupuola, CEO of LPC. โ€œOur laser cleaning systems consistently demonstrate exceptional effectiveness across diverse applications, and awareness of their benefits is steadily rising. In the nondestructive testing market, they are a proven tool for safeguarding critical infrastructures.โ€

Acuren is one of the worldโ€™s largest inspection services companies, offering a broad spectrum of NDT solutions. These include radiographic and ultrasonic testing, ground penetrating radar, infrared thermography and rope access technology (RAT). Acuren serves industrial markets, most notably chemical, nuclear power, pipelines, refineries, power generation, oil, automotive, aerospace, mining, manufacturing, renewable energy and paper production.

This swift supplemental sale increases LPCโ€™s recognizability amongst industry professionals, strengthens the companyโ€™s expanding presence in North America, and opens new business opportunities.

For more information, visit Laser Photonics at https://laserphotonics.com/.
👍️ 1
subslover subslover 3 weeks ago
FLUFF DID NOT DO THE TRICK TODAY!
Laser Photonics To Join Brokk Australia at IMARC 2024 in Sydney
Showcasing Cutting-Edge Laser Solutions For Global Mining Industry

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, is to join Brokk Australia at the International Mining and Resources Conference (IMARC), a top forum for critical discussions and innovation across the global mining and resources sector.

In its 11th year, Australia's largest mining event, IMARC 2024, prepares to open its doors to more than 9,000 attendees from 120 countries at the ICC Sydney Convention Center from October 29 to 31. This year, LPC and Brokk Australia will be among over 500 companies showcasing their innovations on the conference floor, which spans an impressive 215,300 square feet.

The joint participation follows the collaboration between LPC and Brokk Australia to bring laser cleaning and cutting technology to the mining, tunneling, construction, metal processing and military ecosystems in Australia, New Zealand and throughout the Asia-Pacific region. Together with Fonon Technologies, LPC is also working with Brokk US on the integration of laser cleaning and cutting technology into remote-controlled robots.

Fonon Technologies is a laser-based development and worldwide manufacturing and systems integration company for state-of-the-art components and material processing equipment specifically produced to meet the stringent requirements of government organizations, as well as all branches of the U.S. military and defense contractors.

"We are excited to be able to participate at this event in the coming weeks. Fonon Technologies can significantly help industry professionals optimize maintenance processes, streamline operations, and move toward more eco-friendly and sustainable practices." said Fonon Technologies Vice President Bryan Lee, "Partnering with an industry-leading giant like Brokk at IMARC magnifies the impact of our collaborative efforts and highlights our ability to bring groundbreaking technology to industries worldwide."

Managing Director of Brokk Australia Ptd Ltd, Will Visser, commented: "Brokk Australia is always excited to exhibit at IMARC. This forum serves as one of the premier meeting grounds and collaboration hotspots for professionals in the global mining industry. It provides us with an ideal platform to boost the visibility of our game-changing, globally tested, and automated solutions. Adding LPC as a fellow participant at this year's IMARC will only help to further illustrate our growing impact in the industry."

The theme of IMARC 2024 is "Accelerating the Critical and Responsible Pathway to Net Zero." The conference will cover various aspects of the mining value chain, including investment strategies, decarbonization strategies, commercialization and applications of innovative technologies. At IMARC, LPC will present a selection of its laser cleaning systems, including its compact laser cleaning system, the Marlin Professional Portable Finishing Laser 1010. This dual-axis, air-cooled pulsed laser system offers a small form factor and mobility ideal for immediate MRO tasks in the field.

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 Photonicsโ€™ 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 quickly gained a reputation as an industry leader in industrial laser systems with a brand that stands for quality, technology and product innovation. World-renowned and Fortune 1000 manufacturers in aerospace,
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tw0122 tw0122 3 weeks ago
Looks ready again soon.. 5m float 9.07 + 6%
⛔️ 1
TechandBio TechandBio 3 weeks ago
Was about a buck in March. You got to see the angles before they are played!
Holding a few @ .99 and added some options for April
.67-19.80 52 week range!

$Lase
🥰 1 🥵 1
PonkenPlonken PonkenPlonken 4 weeks ago
super action
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glenn1919 glenn1919 4 weeks ago
LASE....................................https://stockcharts.com/h-sc/ui?s=LASE&p=W&b=5&g=0&id=p86431144783
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PonkenPlonken PonkenPlonken 4 weeks ago
now testing the depth of the water with 1 foot first
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PonkenPlonken PonkenPlonken 4 weeks ago
lol
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TechandBio TechandBio 4 weeks ago
Teens soon glad I doubled up on the fake red candle the other day!

https://www.laserphotonics.com/

$LASE
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PonkenPlonken PonkenPlonken 4 weeks ago
respects the trend for now
free ticket only...
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Awl416 Awl416 4 weeks ago
LOL
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TechandBio TechandBio 4 weeks ago
LASE BURU BFRI

$LASE
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subslover subslover 4 weeks ago
You're right all they needed to do was to come out with a rebuttal for 1,000% gains since Monday Pre MKT! LMFAO!!!!!!🥰
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novicetrader novicetrader 4 weeks ago
Stay safe, hope Milton subdues soon,these hurricane havocs are painful.
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Awl416 Awl416 4 weeks ago
I am just bird watching this week. Busy watching Milton hopefully avoid Naples
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novicetrader novicetrader 4 weeks ago
Are you in or out?Wondering what price to get back in,8.50?
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Awl416 Awl416 4 weeks ago
Floats been turned over X times this week

Professional short squeeze question is when does the volume die
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novicetrader novicetrader 4 weeks ago
It's blasting off suddenly again, wonder what's up,just momentum traders? Should've held onto half shares,lol
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TrendTrade2016 TrendTrade2016 4 weeks ago
24 MILLION SHORTED YESTERDAY
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Awl416 Awl416 4 weeks ago
Or they just took advantage of a large move north and tried to take advantage of the SS

4m float 23% short on Finviz

The amount of tickers ppl trade without caring about a balance sheet is large
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novicetrader novicetrader 4 weeks ago
Trying to give the company the benefit of the doubt, looks like the questions I recently had(about the people at the helm) are the same queries the SEC had raised in 2020.Capybara probably just took advantage over that cloud of doubt that management needs to clear up categorically.Their overzealousness sometimes feels like a dampener.Too many PRs,then retractions,too much talk. Watching very closely though, anything positive comes up & will likely grab some again.
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glenn1919 glenn1919 4 weeks ago
LASE.....................https://stockcharts.com/h-sc/ui?s=LASE&p=W&b=5&g=0&id=p86431144783
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subslover subslover 4 weeks ago
Showed some video clips on several of their technologies and the shareholder update. That is all.😁
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novicetrader novicetrader 4 weeks ago
saying anything good to impact LASE sp? Wake up to see my small position got limit sold for an exact 100% gain,what more can one ask for. Will watch to see how this story goes, will probably take a shot again.
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Awl416 Awl416 4 weeks ago
Correct - https://www.sec.gov/Archives/edgar/data/1807887/000000000020004737/filename1.pdf
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subslover subslover 4 weeks ago
Wayne Tupuola was posting on Linkedin last night.
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novicetrader novicetrader 4 weeks ago
Oh, I see that it's from an SEC enquiry/letter to Wayne Tupuola of LASE from May 27, 2020 and LASE response June 23, 2020. That's a good find,thanks
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TechandBio TechandBio 4 weeks ago
LASE BURU BFRI TURB
$LASE
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novicetrader novicetrader 4 weeks ago
Thanks for that! Where did you find that? What document/news/filing is that a part of? Are the responses from Fonon or ICT or some other company?
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Awl416 Awl416 4 weeks ago
We note your disclosure here that your brand was used by Laser Photonics Inc. and on page 35 that a number of your executive officers are currently also officers of Laser Photonics Inc. Please describe your current relationship with Laser Photonics Inc. including whether you are separate companies or related companies and whether you have the same owners.

Response: We have revised our disclosure to delete references to Laser Photonics Inc. and to clarify that the reference should have been to ICT Investments.

6. We note that you mention in your January 22, 2020 press release that Dmitriy Nikitin was your "CTO and interim CEO of Laser Photonics Corporation." However, it does not appear that your disclosure mentions that Dmitry Nikitin was an officer of the company. Please advise or revise accordingly.

Response: We are not aware of the January 22, 2020 press release to which you are referring but assuming that it was issued by us we
are advising you that the press release was in error and that the role of Dmitriy Nikitin is an adviser to Laser Photonics as we have now stated in Amendment No. 1 to the registration statement
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subslover subslover 4 weeks ago
If LASE is serious and I think they are then get these asswipes before a Grand Jury ASAP. They will get indicted for sure!
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novicetrader novicetrader 4 weeks ago
Both sides (Capy & the company) are acting like amateurs,let's see which one gets the last word. The question I started off with, still remains unclear. Who's that Dmitri Nikitin guy, in what way is he connected to LASE. Not a company executive or a board member(doesn't look like he's a meaningful shareholder either).The company rebuttal only said this(quoting below):

The report centers on allegations involving an individual affiliated with, but not employed by, or a director of, LPC. This individual is not involved in the Companyโ€™s day-to-day operations.
So, Who/What exactly is his role in the company?
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Awl416 Awl416 4 weeks ago
Regardless of what goes on behind closed doors here itโ€™s a beautiful short squeeze in effect. Just be sure youโ€™re not the last one out when volume becomes dormantโ€ฆ have fun
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subslover subslover 4 weeks ago
Capybara calls Laser Photonics response to the short report โ€˜flaccidโ€™
Oct 08, 2024, 02:20 PM
Capybara Research tweeted: โ€œ$LASE put out a flaccid response to our short report. We stand by our report 100%. $LASE is a continuation of a 25-year fraud. The previous iteration was $FNON. โ€“ Same founders โ€“ Same owners โ€“ Same products โ€“ Same addresses We look forward to your criminal prosecution.โ€
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Awl416 Awl416 4 weeks ago
Not that I care but the funny part is they mentioned Hemlock Semiconductor in their shareholder update they dropped this morning

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Awl416 Awl416 4 weeks ago
Sorry โ€œbe killedโ€ LOL
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Awl416 Awl416 4 weeks ago
โ€œKill itโ€ haha โ€œKILLโ€
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novicetrader novicetrader 4 weeks ago
That's the weirdest PR I've ever come across, they need to hunker down and stop issuing PRs all over the place.No wonder there was an error,lolllll
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Awl416 Awl416 4 weeks ago
Lol probably not the greatest look - Laser Photonics Corporation requests that their press release NewsItemId: 20241001631745 issued October 1, 2024 โ€œLaser Photonics to Supply CleanTech Laser Cleaning Technology to Hemlock Semiconductorโ€ be killed.

The release was issued in error by Laser Photonics Corporation.

A replacement release will not be issued.
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subslover subslover 4 weeks ago
They can all go to hell including their corrupt ambulance chaser lawyers who are short with offshore accounts in other names!!
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