Laser Photonics Receives Order From Ship Point Machine Company For CleanTech Laser Cleaning System | LASE Stock News

Nov 02, 2024

The recent order received by Laser Photonics Corporation from Ship Point Machine Co. indicates a growing market acceptance of CleanTech laser systems in maritime and manufacturing applications. This expansion into new commercial markets and the broadening of service offerings to include federal government clients could potentially increase LPC's market share and revenue streams. Moreover, the emphasis on the versatility and return on investment of these systems suggests a competitive advantage that may attract additional clients looking for eco-friendly and cost-effective solutions.

Furthermore, the adoption of LPC's technology by Ship Point Machine Co. is a testament to the operational efficiency and safety of the CleanTech LPC-1000-CTHS laser cleaning system. As industries increasingly prioritize operator safety and eco-friendly practices, LPC's fully operator-safe technology positions the company favorably within the sector. This trend may also reflect a shift in industry standards towards more sustainable and user-friendly equipment, potentially influencing stock market performance as investors look for companies that align with these values.

The procurement of Laser Photonics Corporation's CleanTech system by Ship Point Machine Co. could be indicative of LPC's financial trajectory. Given the high capital costs typically associated with laser cleaning systems, such orders can have a significant positive impact on LPC's revenue. Investors should consider the potential for an increase in future earnings as LPC capitalizes on the growing awareness of the benefits of its CleanTech systems. This order may also signal confidence in LPC's technology, which could be a catalyst for stock appreciation if the company continues to secure similar contracts.

It's also important to analyze the potential long-term financial benefits associated with the adoption of CleanTech systems. The non-abrasive, eco-friendly nature of the technology can lead to lower maintenance costs and higher productivity for users, which might translate into sustained demand and recurring revenue for LPC. This aspect should be factored into the valuation of LPC's stock, as the market often rewards companies with strong prospects for stable, long-term income streams.

Laser Photonics Corporation's focus on eco-friendly and operator-safe laser cleaning systems aligns with increasing Environmental, Social and Governance (ESG) criteria that are becoming critical for investors. The non-abrasive and environmentally responsible nature of LPC's technology meets the growing demand for sustainable industrial solutions. As ESG factors continue to influence investment decisions, LPC's commitment to clean technology could enhance its attractiveness to socially responsible investors and potentially improve its ESG ratings.

Moreover, the company's technology offers a solution to the hazardous waste and safety issues associated with traditional cleaning methods. By addressing these environmental and social concerns, LPC is not only expanding its client base but also contributing positively to its corporate social responsibility profile. This ESG-centric approach may lead to a more resilient and favorable position in the stock market, as companies with strong ESG practices tend to experience less volatility and better long-term performance.

ORLANDO, FL / ACCESSWIRE / January 11, 2024 / Laser Photonics Corporation (NASDAQ:LASE) (LPC), a leading global developer of CleanTech laser systems for laser cleaning and other material applications, announced today that it received an order from Ship Point Machine Co.

"Our cutting-edge CleanTech laser cleaning systems excel in maritime and manufacturing applications and their versatility was a key differentiator for Ship Point Machine when making its purchase decision," commented Wayne Tupuola, CEO of Laser Photonics. "I'm encouraged by our recent momentum as the benefits and strong ROI for Cleantech systems become more widely known. We continue to see increasing acceptance of our technology within these key verticals and other industries."

Based in Hollywood, Md., Ship Point Machine offers a variety of specialized engineering services, including sheet metal fabrication. With LPC's CleanTech LPC-1000-CTHS, it plans to expand into new commercial markets as well as broaden service offerings for its primarily maritime and federal government client base.

Ship Point chose Laser Photonics' CleanTech LPC-1000-CTHS laser cleaning system for its fully operator-safe technology, among other benefits. The single-axis CleanTech system can easily be operated without exposing users to the potentially harmful substances that some traditional methods utilize. The company's service manager is eager to apply the non-abrasive, eco-friendly, time- and cost-effective cleaning method to benefit customers seeking lower costs and streamlined operations.

For more information about the CleanTech line of laser cleaning systems, please visit https://www.laserphotonics.com or contact our sales department at [email protected].

CleanTech Handheld LPC-1000-CTHS The CleanTech LPC-1000-CTHS by Laser Photonics is a portable 1000W handheld laser that is the perfect tool for laser cleaning, roughing, and finishing across a wide variety of surfaces like iron, steel, aluminum and more. This handheld laser cleaning system utilizes the latest class IV fiber laser technology to provide superior results while being safer and more eco-friendly when compared to traditional abrasive cleaning methods.

About Laser Photonics CorporationLaser 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 for 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.

Investor Relations Contact: [email protected]

Media Contact: Karla Kizzort Marketing Specialist Laser Photonics Corporation [email protected]

SOURCE: Laser Photonics Corp.