IPO Year: 2022
Exchange: NASDAQ
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, announced today that it has received an order for the DTMR-3040 laser cleaning system through ADS, a military equipment and logistics powerhouse, for a California-based Marine Corps Aviation Logistics Squadron (MALS). The DefenseTech MRLS Roughening Laser (DTMR-3040) is a cutting-edge laser system for handheld laser material processing. This system integrates a high-power continuous wave laser with dual axis release technology for tackling heavy duty decontamination and surface treatment task
Laser Photonics Corporation (LPC) (NASDAQ:LASE), a leading global developer of industrial laser systems for cleaning and other material processing applications, and Brokk, a leading provider of remote-controlled robotic machines for construction, tunneling, mining, metal processing and military customers, have revealed an exciting visual concept of the Brokk 110 Robot with LPC's laser cleaning system as an attachment. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20241003389773/en/ This innovative system is the next step in the recent partnership between LPC and both Brokk US and Brokk Australia, which is aimed at integrating cutt
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 received an order for its handheld CleanTech CTIR-3040 industrial roughening laser system from Hemlock Semiconductor (HSC), the nation's top producer of hyper-pure polysilicon for the semiconductor and solar industries. "Hyper-pure polysilicon production mandates exceptional precision and efficiency during equipment maintenance. We are proud that our CleanTech laser cleaning technology meets these high standards while also being environmentally friendly," said Wayne Tupuola, CEO of Laser Photonics. "This
Expanding on Existing Partnership, LPC To Collaborate With Brokk Australia Laser Photonics Corporation (LPC) (NASDAQ:LASE), a leading global developer of industrial laser systems for laser cleaning and other material processing applications, and Brokk, a leading provider of remote-controlled robotic machines for construction, tunneling, mining and process customers, announce the expansion of their technology partnership for collaboration in Australia. Under the agreement, LPC and Brokk Australia plan 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 regi
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 Robert Hoffman as its new Outside Sales Director as part of its long-term growth and diversification strategy. Prior to joining Laser Photonics, Hoffman served as the Southeast Regional Sales Manager for Keyence, a leading provider of factory automation solutions, including sensors, measuring systems, laser markers, microscopes, and machine vision systems. He also held the role of Project Manager at Easy Imex, assisting businesses from Australia, the United Kingdom, the United States, and Europe in import
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
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 coat
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 collabor
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, t
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). About Laser Photonics Corporation Laser Photonics is a vertically integrated manufacturer and R&D Center of Excellence for industrial laser technologies and systems. LPC 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. LPC's new genera
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Governor Ron DeSantis went there at the Republican National Convention (RNC) in Milwaukee on Wednesday: He used his platform to rail against Florida's upcoming vote to legalize recreational marijuana telling his comrades that if weed is legalized, people will be able to possess practically limitless amounts of the stuff. "It gives you a limitless constitutional right to possess and smoke. I think it's up to like, what, 40 joints, is that the three ounces would be 40? More than that, 80 joints. Something like that," he said. In fact, he noted that if the cannabis legalization ballot wins, marijuana rights will surpass the constitutional guarantees of the First and Second Amendments
Gainers Nuburu (AMEX:BURU) shares rose 29.3% to $0.18 during Friday's regular session. The company's market cap stands at $6.9 million. Innovative Solns (NASDAQ:ISSC) shares increased by 29.26% to $6.45. The company's market cap stands at $112.8 million. iPower (NASDAQ:IPW) shares increased by 25.5% to $1.87. The market value of their outstanding shares is at $55.7 million. Ryde Group (AMEX:RYDE) shares rose 18.29% to $10.49. The company's market cap stands at $203.3 million. SOS (NYSE:SOS) stock moved upwards by 13.93% to $0.96. The company's market cap stands at $11.7 million. Solidion Technology (NASDAQ:STI) stock rose 13.83% to $2.35. The company's market cap stands at $203.7 milli
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 Robert Hoffman as its new Outside Sales Director as part of its long-term growth and diversification strategy. Prior to joining Laser Photonics, Hoffman served as the Southeast Regional Sales Manager for Keyence, a leading provider of factory automation solutions, including sensors, measuring systems, laser markers, microscopes, and machine vision systems. He also held the role of Project Manager at Easy Imex, assisting businesses from Australia, the United Kingdom, the United States, and Europe in import
Laser Photonics Corporation (LPC) (NASDAQ:LASE), a leading global industrial developer of laser systems for cleaning and other material processing applications, announced today that it will join Brokk, a leading manufacturer of remote-controlled demolition robots, at the 2024 MINExpo INTERNATIONAL – the world's largest mining event. Set to take place from September 24 to 26 in Las Vegas, Nevada, MINExpo covers all phases of mining and attracts buyers from many sectors, including coal, metal and mineral production; equipment manufacturers; and suppliers of goods and services related to mining. The event is hosted by the National Mining Association (NMA), the only national trade association
LPC brings in significant industry sales experience to drive laser cutting technology sales in these new markets 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
ORLANDO, FL / ACCESSWIRE / November 16, 2023 / Laser Photonics Corporation (NASDAQ:LASE), a leading global developer of CleanTech laser systems for laser cleaning and other material applications, announced today that it received an order for its advanced CleanTech laser cleaning systems.Santa Rosa (Calif.) Junior College's Department of Career Education and Economic Development was looking for leading-edge laser cleaning technologies and equipment for its workforce programs after identifying laser cleaning as a preferred industrial fabrication method. This led to them seeking out Laser Photonics due to the company's reputation for world-class service and a 40-year history of cutting-edge pro
Brings deep experience managing large industrial distribution networksIn combination with recent CFO hire, outstanding NASDAQ compliance items have been addressedORLANDO, FL / ACCESSWIRE / August 17, 2023 / Laser Photonics Corporation (NASDAQ:LASE), ("LPC"), a leading global developer of CleanTech laser systems for laser cleaning and other materials applications, today announced Troy Parkos has been appointed to its board of directors, effective immediately. He will also serve as a member of the Company's audit committee.Wayne Tupuola, CEO of Laser Photonics commented: "I'd like to welcome Troy to the Laser Photonics board of directors. Troy brings significant experience as the lead regional
ORLANDO, FL / ACCESSWIRE / August 3, 2023 / Laser Photonics Corporation (NASDAQ:LASE), ("LPC"), a leading global developer of CleanTech laser systems for laser cleaning and other materials applications, today announced Jade Barnwell joined the Company as chief financial officer, effective immediately.Wayne Tupuola, CEO of Laser Photonics commented: "I'd like to welcome Jade to the Laser Photonics team. She brings significant experience in accounting and FP&A, and I expect her experience and skills putting in place processes and controls for finance and accounting will play a significant role in as we pursue what we believe is a massive growth opportunity ahead."Barnwell has more than 20-year
ORLANDO, FL / ACCESSWIRE / April 11, 2023 / Laser Photonics Corporation (NASDAQ:LASE), ("LPC"), a leading global developer of CleanTech laser systems for laser cleaning and other materials applications, today announced William J. Campbell joined the Company as interim chief financial officer, effective immediately.Wayne Tupuola, CEO of Laser Photonics commented: "I'd like to welcome Bill to the Laser Photonics team. Bill brings significant experience as a divisional CFO at an $8 billion automotive company, and I expect his experience and skills will play a significant role as we penetrate the $46 billion market for our CleanTech laser systems.""I'm excited to join Laser Photonics as it addre
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ORLANDO, FL / ACCESSWIRE / August 29, 2024 / Laser Photonics Corporation (NASDAQ:LASE), ("LPC"), a leading global developer of CleanTech laser systems for laser cleaning and other material applications, today announced results for its second quarter ended June 30, 2024.Wayne Tupuola, CEO of Laser Photonics, commented:"While our second quarter reflected a revenue decline due to pushouts in timing for expected orders that were delayed resulting from customers' internal capex review processes, we are encouraged by the mix of CleanTech representing over 80% of our sales during the quarter."Looking ahead, we are focused on market penetration activities for CleanTech, developing and commercializin
Revenue increased 10%; reduced operating loss by 39%; reduced net loss and diluted loss per share by 57% each ORLANDO, FL / ACCESSWIRE / May 14, 2024 / Laser Photonics Corporation (NASDAQ:LASE), ("LPC"), a leading global developer of CleanTech laser systems for laser cleaning and other material applications, today announced results for its first quarter ended March 31, 2024.Wayne Tupuola, CEO of Laser Photonics, commented: "Our first quarter generally showed positive momentum with 10% revenue growth and significant operating and net loss reductions. Despite CleanTech making up over 80% of sales, our gross margin was down from last year as we sold several lower power systems in the quarter. N
Fourth quarter revenue grew by 673%Fourth quarter operating and net losses improved by 36% and 86%, respectivelyORLANDO, FL / ACCESSWIRE / April 15, 2024 / Laser Photonics Corporation (LPC) (NASDAQ:LASE), a leading global industrial developer of CleanTech Laser Systems for laser cleaning and other applications, today announced financial results for its fourth quarter and year ended December 31, 2023, and provided the following letter to its shareholders from CEO Wayne Tupuola.Dear Shareholders,2023 was a year of transition for Laser Photonics. During the year, we made significant investments that have positioned us well to capture the vast market opportunity ahead for CleanTech while introdu
ORLANDO, FL / ACCESSWIRE / April 1, 2024 / Laser Photonics Corporation (NASDAQ:LASE), ("LPC"), a leading global developer of CleanTech laser systems for laser cleaning and other material applications, today announced it will postpone reporting its fourth quarter and full-year 2023 ended December 31, 2023, as it is still in the final stages of completing its audit. As a result, the Company is canceling its webcast and conference call to discuss results that was scheduled to take place on April 1, 2024.The Company intends to notify investors via press release when it is able to determine a date to report its fourth quarter and full-year 2023 numbers and reschedule its conference call to discus
ORLANDO, FL / ACCESSWIRE / March 25, 2024 / Laser Photonics Corporation (NASDAQ:LASE), ("LPC"), a leading global developer of Cleantech laser systems for laser cleaning and other material applications, today announced it will report results for its fourth quarter and year end results for the period ended December 31, 2023, on April 1, 2024, before the market opens.Conference Call and Webcast InformationInvestors can submit questions ahead of time to [email protected]: Monday, April 1, 2024Time: 10:00 am, ETDial In: 1-877-407-3982 or 1-201-493-6780Webcast Location: https://viavid.webcasts.com/starthere.jsp?ei=1662459&tp_key=3bf9ff1b33ReplayToll Free: 1-844-512-2921Toll/International: 1-
ORLANDO, FL / ACCESSWIRE / November 14, 2023 / Laser Photonics Corporation (NASDAQ:LASE), ("LPC"), a leading global developer of CleanTech laser systems for laser cleaning and other material applications, today announced results for its third quarter ended September 30, 2023.Wayne Tupuola, CEO of Laser Photonics, commented: "Our third quarter showed strong sequential and modest year-over-year growth in revenue and gross margin as we added new customers in the military, energy and automotive verticals, in addition to expanding our Service Provider Network (SPN) membership into Hawaii and Nebraska. We also continued to invest in sales, marketing, and R&D during the quarter to set the table for
ORLANDO, FL / ACCESSWIRE / November 10, 2023 / Laser Photonics Corporation (NASDAQ:LASE), ("LPC"), a leading global developer of cleantech laser systems for laser cleaning and other material applications, today announced it will report results for its third quarter ended September 30, 2023, on November 14, 2023, before the market opens. A conference call and webcast discussing the results will occur at 11:00 a.m. Eastern Time.Conference Call and Webcast InformationInvestors can submit questions ahead of time to [email protected] Call Date/Time: Tuesday, November 14, 11:00 a.m. Eastern TimeToll Free: 1-877-407-3982Toll/International: 1-201-493-6780Call me™Participants can use Gues
ORLANDO, FL / ACCESSWIRE / August 15, 2023 / Laser Photonics Corporation (NASDAQ:LASE), ("LPC"), a leading global developer of CleanTech laser systems for laser cleaning and other material applications, today announced results for its second quarter ended June 30, 2023.Wayne Tupuola, chief executive officer of Laser Photonics, commented: "Our second quarter was a mixed bag as sales, which given the capex and low volume nature of our business, were lumpy, but we benefited from continued strong gross margins. We continued to invest in sales and marketing and R&D during the quarter to set the table for future sales growth. These efforts have enabled us to expand our pipeline, and we are working
ORLANDO, FL / ACCESSWIRE / August 14, 2023 / Laser Photonics Corporation (NASDAQ:LASE), ("LPC"), a leading global developer of Cleantech laser systems for laser cleaning and other material applications, today announced it will report results for its second quarter ended June 30, 2023, on August 15, 2023, before the market opens. A conference call and webcast discussing the results will occur at 10:00 a.m. Eastern Time.Conference Call and Webcast InformationManagement will host a conference call and webcast to review the Company's results and forward expectations. Investors can submit questions ahead of time to [email protected] Call Date/Time: Tuesday, August 15, 10:00 a.m. Easte
ORLANDO, FL / ACCESSWIRE / May 10, 2023 / Laser Photonics Corporation (NASDAQ:LASE), ("LPC"), a leading global developer of CleanTech laser systems for laser cleaning and other material applications, today announced results for its first quarter ended March 31, 2023.Wayne Tupuola, chief executive officer of Laser Photonics, commented: "Our first quarter was largely in line with our expectations, with revenue down slightly, strong gross margins and GAAP operating losses due to investments for future growth and non-cash and one-time expenses. Additionally, during the quarter, we shipped to several new customers, including new members of our service provider network (SPN), which we expect to se