Laser Photonics Lands Sale With Acuren, Leader in Nondestructive Testing Services
September 12 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
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/.
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 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
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/20240912641906/en/
Investor Relations Contact: laser@haydenir.com
Media Contact: Karla Kizzort Marketing Specialist Laser
Photonics Corporation kkizzort@laserphotonics.com
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