Laser Photonics Scores Dual Order From Global Oil Giant Through Distributor
August 16 2024 - 7:00AM
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/.
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 Photonics’ 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 an industry
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, industrial, maritime, space
exploration and shipbuilding industries are using Laser Photonics’
“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
“Risk Factors” in our Registration Statement for a comprehensive
understanding. Laser Photonics Corp. undertakes no obligation to
revise or update any forward-looking statements, except as required
by applicable laws or regulations, to reflect events or
circumstances after the date of this press release.
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version on businesswire.com: https://www.businesswire.com/news/home/20240816850499/en/
Investor Relations Contact: laser@haydenir.com
Media Contact: Karla Kizzort Marketing Specialist Laser
Photonics Corporation kkizzort@laserphotonics.com
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