Laser Photonics Highlights Expanded Product Line and Sales Team Expansion to Support Long-Term Growth
01 Agosto 2024 - 6:05AM
Business Wire
Laser Photonics updates stakeholders on the
addition of new sales leadership and the current status of its
product pipeline
Laser Photonics Corporation (LPC) (NASDAQ: LASE), a leading
global developer of laser systems for cleaning and material
processing applications, today announced several key product and
sales organization updates.
Laser Photonics remains at the forefront of laser technology
development, amassing significant intellectual property (IP) that
underpins its diverse range of industrial equipment and solutions.
The company has strategically expanded its product solutions, both
organically and through licensing, bringing innovative laser-based
solutions to markets worldwide.
Product Offering Expansion
Leveraging its recently acquired IP, Laser Photonics enhanced
its product portfolio with market-ready laser cutting, laser
cleaning and laser marking solutions. By integrating its revenue
generating product lines with LPC’s expertise in state-of-the-art
automation, AI robotics, and Class I laser systems, the Company is
paving the way for the next generation of laser equipment and
positioning itself as a leading provider of a wide and growing
range of industrial laser solutions.
Current LPC customers are present in a wide range of industries,
and nearly all of its existing clientele is positioned to benefit
from new products being developed by the company for
commercialization. Laser Photonics’ clients include Fortune 500
Companies like GE, L3Harris Technologies, Caterpillar, Coca-Cola,
and more, which can greatly benefit from adopting technology like
the AI-Driven Laser Robotic Systems that are currently being
developed by LPC. These systems will enable existing and future LPC
customers to save money and time with a regulation-friendly,
operator-safe, healthy, and dependable laser solution, leading to
increased ROI and streamlined operations. The AI-driven system will
be capable of being paired alongside laser welding, laser cleaning,
laser marking, and laser cutting technology, making it a great fit
for a multitude of applications.
Innovation for Market Leadership
LPC has established itself as a trusted provider of industrial
laser solutions to a wide and growing array of industries.
Currently, multiple new product families are progressing through
various stages of commercialization. Several of these new product
lines have been targeting rapidly expanding markets and are in the
LPC pipeline, moving towards full commercialization and poised to
create new revenue streams upon realization.
Key upcoming products include:
- Laser Anti-Drone Systems
- AI-Driven Laser Robotic Systems
- Additive Manufacturing Equipment Based on Next Generation
IP
- Semiconductor Silicon Wafer Dicing Equipment
- Flat Panel Display Laser Glass Cutting Systems With Zero Curve
Loss
Sales Team Enhancements
As part of its growth strategy, Laser Photonics recently added
the following new sales leadership roles to its team:
- Vice President of Sales
- Director of Semiconductor Sales Division
- Director of Additive Manufacturing Sales Division
- Director of Sales Training
These new roles were created to drive sales growth and revenue
generation as LPC continues to expand into new markets.
Additionally, the Company is implementing a fast-tracked training
program, ensuring both current and new team members are well-versed
in LPC’s expanding line of laser solutions.
This infusion of experienced sales leadership will help
implement strong processes and mature the sales organization as the
Company continues to invest in its sales organization over the next
12 months.
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.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20240801648045/en/
Investor Relations Contact: Email: laser@haydenir.com
Media Contact: Karla Kizzort Phone: 407-804-1000×1132 Email:
kkizzort@laserphotonics.com
Laser Photonics (NASDAQ:LASE)
Gráfica de Acción Histórica
De Ago 2024 a Sep 2024
Laser Photonics (NASDAQ:LASE)
Gráfica de Acción Histórica
De Sep 2023 a Sep 2024