Laser Photonics provides product roadmap update

Laser Photonics provided shareholders with an update on its product roadmap. Key Updates: CleanTech: LPC’s proprietary laser cleaning technology focused on replacing outdated industrial cleaning methods like sandblasting for MRO, corrosion removal, restoration and other industrial cleaning applications. This product line is fully launched and commercialized with an existing sales history. The company plans to continue developing and advancing this product line in a broader range of applications, including nuclear decontamination; Conventional Lasers: LPC’s fully commercialized and well-established proprietary laser cleaning, welding, cutting and marking technology. These products serve an existing customer base of Fortune 500 and 1000 companies in a wide and growing set of industries, including aerospace, manufacturing, automotive, rail transport, energy, metal fabrication, maritime and more. These conventional lasers are fully developed, with demand expected to grow as industries trend toward adopting regulation-friendly technology and onshoring manufacturing in the United States; DefenseTech: LPC’s fully developed and commercialized product line for defense and military applications. This product line includes specialized technology for missile repair, fleet maintenance, MRO, contaminant removal, maintenance and more. The company plans to invest in this line to expand its product offering to cover a larger range of high-demand applications; AI-Capable Lasers: Through the incorporation of artificial intelligence with its existing laser technology, LPC plans to automate manufacturing processes that are potentially dangerous to operators. The technology will improve worker safety while streamlining processes and increasing ROI for business owners. These products have been designed and are currently in the development stage.