IPO Year: 2022
Exchange: NASDAQ
4 - Laser Photonics Corp (0001807887) (Issuer)
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 a three-system order for its CleanTech Industrial Roughening Laser Systems from Proman, a Switzerland-based global petrochemical producer, for its new Mexico facility. LPC will deliver two of its CleanTech Industrial Roughening Laser 3050 (CTIR-3050) systems and one of its CleanTech Industrial Roughening Laser 3040 ( CTIR -3040) systems to Proman, marking the beginning of the two companies' relationship. All three units will be used to remove rust and corrosion during Proman's construction of ne
Laser Photonics Corporation (LPC) (NASDAQ: LASE), an emerging global leader in industrial laser systems across multiple high-growth markets, today unveiled its ambitious growth strategy for 2025, emphasizing innovation, strategic investments and market expansion. John Armstrong, Executive Vice President of LPC commented: "With a strong foundation laid in 2024, we're entering 2025 with clear momentum and an unwavering focus on growth. The progress we made last year - strengthening our position in core markets and breaking into high-potential segments, sets the stage for what we believe will be transformative advancements. From leveraging synergies with our CMS acquisition to scaling our
Significant Order Secured With Leading Nondestructive Testing Firm Laser Photonics Corporation (LPC) (NASDAQ: LASE), a leading global developer of industrial laser systems for cleaning and other material processing applications, proudly announces today the completion of another significant order from Acuren, a top provider of asset protection services through engineering consulting and nondestructive testing (NDT). "We are thrilled to see Acuren as a returning customer," said John Armstrong, LPC's Executive Vice President. "We take pride in being a trusted provider of advanced laser technology for surface preparation in the nondestructive testing sector. Laser Photonics is looking forwa
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 sister company Fonon Technologies, announced the completion of training on the safe and optimal use of a DefenseTech laser system earlier purchased by the Pearl Harbor Naval Shipyard and Intermediate Maintenance Facility (PHNSY & IMF). Fonon Technologies and Laser Photonics conducted a two-part training on the effective use of the DefenseTech MRLS Portable Finishing Laser 1010 (DTMF-1010) for a group of shipyard personnel at PHNSY & IMF. The session consisted of safety training and hands-on practice with t
Laser Photonics Corporation (NASDAQ: LASE) ("LPC"), a leading global developer of industrial laser systems for cleaning and other material processing applications, and its subsidiary, Control Micro Systems (CMS Laser), announced the expansion of their Printed Circuit Board (PCB) Depaneling technology development project for the electronics market. Laser processing has emerged as an effective method of PCB depaneling due to its non-contact nature, narrow kerf width, and precision. This method eliminates part-induced stress and the need for consumables like cutting oils, ensuring cleanliness and high-quality results. Custom-tailored depaneling laser technology by CMS Laser features high s
Laser Cleaning Technology Reduces Eco Footprint of Infrastructure Maintenance Near Waterways Laser Photonics Corporation (NASDAQ: LASE) (LPC), a leading global developer of industrial laser systems for cleaning and other material processing applications, announced today that it received an order from Walsh Service Solutions, LLC for one of its flagship handheld laser cleaning systems. Walsh Service Solutions has placed an order for the CleanTech IR-3040 – a high-performance handheld fiber laser system designed by LPC for speedy surface decontamination. Walsh Service Solutions, which provides business and construction support solutions, will utilize the CTIR-3040 in abatement and remedia
New Order Points to Growing Adoption of Laser Cleaning Technology in Nuclear Industry Laser Photonics Corporation (NASDAQ: LASE) (LPC), a leading global developer of industrial laser systems for cleaning and other material processing applications, announced today that it received an order from the Cooper Nuclear Station (CNS), Nebraska's largest single-unit generator providing clean and reliable electricity. "Laser cleaning technology is rapidly gaining ground as a highly effective alternative to hazardous surface preparation methods," said John Armstrong, Executive Vice President of Laser Photonics. "LPC is serving a growing number of clients in the nuclear energy sector, and we are th
Fortune 500 Oil Refinery To Use CleanTech & MarkStar Systems Laser Photonics Corporation (LPC) (NASDAQ: LASE), a leading global developer of industrial laser systems for cleaning and other material processing, announced today that it has received a dual order from global oil refiner Phillips 66 for a CleanTech and a MarkStar laser systems. "We are honored to welcome Phillips 66 as our new client and deliver our industrial-grade laser technologies to a major U.S. oil refinery," said Wayne Tupuola, CEO of LPC. "The company's commitment to safety, sustainability, and innovation aligns with our mission to provide cleaner and safer solutions for material processing. This order underscores th
Substantial Early Returns in First Month Post-Acquisition Highlight Strategic Potential of CMS Assets CMS Revenue Backlog Has Grown to over $3.7 million Laser Photonics Corporation (LPC) (NASDAQ: LASE), a leading global developer of industrial laser systems for cleaning and other material processing applications, today provided an update on its acquisition of Control Micro Systems, Inc. (CMS). In the approximately one month after the $1.05 million ($950,000 in cash and $100,000 in LASE common stock) acquisition closed, LPC has already achieved nearly $600,000 in cash flow from accounts receivable collections and received nearly $600,000 in new CMS orders, reinforcing the strategic value
Laser Photonics Corporation (NASDAQ: LASE) ("LPC"), a leading global developer of industrial laser systems for cleaning and other material processing applications, and its recently acquired subsidiary, Control Micro Systems, Inc.(CMS), announced today the expansion of their Printed Circuit Board (PCB) Marking technology development program targeting the semiconductor and electronics market. Laser marking is vital in semiconductor production, a market projected to reach $1 trillion annually by 2030. High-speed laser processing equipment is essential to meet the demand for advanced chips. CMS, with decades of experience, develops automated PCB Marking technology that provides a high-speed p
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4 - Laser Photonics Corp (0001807887) (Issuer)
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4 - Laser Photonics Corp (0001807887) (Issuer)
4 - Laser Photonics Corp (0001807887) (Issuer)
3 - Laser Photonics Corp (0001807887) (Issuer)
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, 2024. Wayne Tupuola, CEO of Laser Photonics, commented on the third quarter: "Looking at the quarter, we navigated a challenging period marked by increased investment in HR, Sales, and administrative functions—strategic moves that, while impacting our short-term performance, are essential for our future growth. We also secured several key deals, such as a sale of our CleanTech Industrial Roughening Laser 3050 to Acuren, another sale to the U.S. Navy, and an expansion
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
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 John T. Armstrong as its new Executive Vice President. Prior to joining Laser Photonics, Armstrong served as a Vice President for Astronics Test Systems (ATS), a subsidiary of Astronics Corporation, a leading supplier of advanced technologies and products to the global aerospace, defense and other mission-critical industries. Previously, he served as a Senior Manager for Boeing, providing leadership and HR support for 10,000+ employees nationwide within a division that generated $4.5B+ in revenue. Earli
Showcasing Cutting-Edge Laser Solutions For Global Mining Industry 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 showcasin
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