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Laser Photonics receives noncompliance notice from Nasdaq
Laser Photonics receives noncompliance notice from Nasdaq

Business Insider

time2 days ago

  • Business
  • Business Insider

Laser Photonics receives noncompliance notice from Nasdaq

Laser Photonics (LASE) announced that it received a notice from Nasdaq stating that since it had not received the company's Form 10-Q for the period ended March 31 and because the company remains delinquent in filing its Form 10-K for the period ended December 31, 2024, the company does not comply with Nasdaq's Listing Rules for continued listing. Nasdaq stated that in accordance with its letter dated April 16, the company has until June 16, to submit a plan to regain compliance with respect to these delinquent reports. Nasdaq can grant an exception to allow the company to regain compliance up to a maximum of 180 calendar days from the due date of the Initial Delinquent Filing, or October 13. Confident Investing Starts Here:

Laser Photonics and CMS Laser Advance Tablet Drilling Technology for High-Volume Pharmaceutical Production
Laser Photonics and CMS Laser Advance Tablet Drilling Technology for High-Volume Pharmaceutical Production

Business Wire

time14-05-2025

  • Business
  • Business Wire

Laser Photonics and CMS Laser Advance Tablet Drilling Technology for High-Volume Pharmaceutical Production

ORLANDO, Fla.--(BUSINESS WIRE)-- Laser Photonics Corporation (NASDAQ: LASE) ('LPC'), a leading global developer of industrial laser systems for cleaning and other material processing applications, and its subsidiary, Control Micro Systems, Inc. ('CMS Laser'), highlight their offerings in tablet laser drilling technology, reinforcing their status as a trusted partner in the pharmaceutical industry. "CMS Laser offers superior technologies for high-volume pill production. Their tablet drilling, marking, and R&D systems are designed to solve industry-specific challenges, enabling pharmaceutical leaders to deliver complex medications with confidence." Share The TD-140, TD-70, TD-10, and TD-R&D systems address a wide range of pharmaceutical needs, from high-volume tablet drilling and marking to research and development. Designed and built at CMS Laser's advanced laser lab and machine shop in Winter Park, Florida, these systems create precise time-release profiles and ensure robust quality control, empowering drug manufacturers to meet the demands of a dynamic market. John Armstrong, the Executive Vice President of LPC, said: 'CMS Laser holds a significant market position in the pharmaceutical industry, offering superior technologies for high-volume pill production. This lineup of tablet drilling, marking, and R&D systems is designed specifically to solve industry-specific challenges, enabling pharmaceutical leaders to deliver complex medications with confidence.' CMS Laser's technology delivers key advantages: Enhanced Drug Delivery: Precise laser drilling supports controlled API time-release, improving patient outcomes. Anti-Counterfeit Protection: Unique tablet markings safeguard brands and patients. FDA Compliance: Systems adhere to CFR-21 Part 11 standards. U.S.-Based Manufacturing: CMS Laser provides solutions with components sourced in accordance with TAA and the Buy American Act. Post-Sale Support: CMS Laser is easy to reach for support, training, and installation services. Operational Efficiency: Laser-based solutions optimize production. With a legacy of serving industry giants and a strong base of repeat clients, CMS Laser, a Laser Photonics company, continues to set standards in pharmaceutical manufacturing. This aligns perfectly with LPC's broader diversification strategy, aimed at enhancing shareholder value and building resilience in dynamic markets. 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 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 aviation, automotive, defense, energy, maritime, nuclear and space industries are using Laser Photonics' 'unique-to-industry' systems. For more information, visit About CMS Laser Control Micro Systems (CMS Laser), is a 40-year U.S. pioneer in software controls development for laser machines. Today, the company produces turnkey laser material processing systems for marking, cutting, drilling, welding, cleaning and more. Its cutting-edge laser systems are expertly engineered for high-precision applications in a wide range of industries and tailored to each client's unique manufacturing needs. CMS Laser specializes in developing laser systems for a wide range of industries. It also counts several top 20 global life sciences companies among their customers. For more information, visit Control Micro Systems, Inc., a Laser Photonics company. Cautionary Note Concerning Forward-Looking Statements This press release contains 'forward-looking statements' (within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended), including statements regarding the Company's plans, prospects, potential results and use of proceeds. These statements are based on current expectations as of the date of this press release and involve a number of risks and uncertainties, which may cause results and uses of proceeds to differ materially from those indicated by these forward-looking statements. These risks include, without limitation, those described under the caption 'Risk Factors' in the Registration Statement. Any reader of this press release is cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of this press release. The Company undertakes no obligation to revise or update any forward-looking statements to reflect events or circumstances after the date of this press release except as required by applicable laws or regulations.

Laser Photonics Subsidiary CMS Laser Wins Major Order from Fortune 500 Appliance Leader
Laser Photonics Subsidiary CMS Laser Wins Major Order from Fortune 500 Appliance Leader

Associated Press

time29-04-2025

  • Business
  • Associated Press

Laser Photonics Subsidiary CMS Laser Wins Major Order from Fortune 500 Appliance Leader

ORLANDO, Fla.--(BUSINESS WIRE)--Apr 29, 2025-- Laser Photonics Corporation ('LPC') (NASDAQ: LASE ), a leading global developer of industrial laser systems for cleaning and other material processing applications, today announced a significant win for its subsidiary, Control Micro Systems (CMS Laser). CMS Laser has secured an order from a Fortune 500 home appliance manufacturer renowned for its kitchen and laundry products. John Armstrong, Executive Vice President-Laser Photonics, commented: 'CMS Laser's robust systems continue to empower companies with customized solutions to costly challenges. This laser marking solution is precisely configured to meet this customer's unique requirements for manufacturing appliances, enhancing its operational efficiency and ensuring superior marking results. This order is a testament to CMS Laser's proven ability to deliver exceptional value to global industry leaders.' The appliance manufacturer chose CMS Laser to boost production flexibility and efficiency with an advanced, environmentally friendly alternative to traditional marking methods. Laser marking eliminates the need for consumables, cuts operating expenses and slashes changeover time, while delivering consistent, exceptional-quality results. The custom-built system features a large-format workstation integrating a 40-watt fiber laser designed to deliver permanent, high-quality markings on metal components at high speed. The laser gantry moves across three axes, maximizing the work envelope and throughput, while ensuring premium precision throughout the manufacturing process. CMS Laser systems are engineered to stringent safety and durability standards, featuring CDRH Class I compliant enclosures, rugged welded steel frames, safe observation panels, and easy operator access. The intuitive proprietary software further streamlines operations and optimizes productivity. Since its acquisition by LPC in the fourth quarter of 2024, CMS Laser has experienced rapid growth, driven by its expertise in specialized laser equipment for PCB manufacturing, wire processing, medical, pharmaceutical, and other industrial applications. CMS Laser has significantly enhanced LPC's market differentiation and expanded its footprint into new industries. For more information, visit 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 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 aviation, aerospace, automotive, defense, energy, maritime, nuclear and space-exploration industries are using Laser Photonics' 'unique-to-industry' systems. For more information, visit About CMS Laser Control Micro Systems (CMS Laser), is a 40-year U.S. pioneer in software controls development for laser machines. Today, the company produces turnkey laser material processing systems for engraving, cutting, drilling, welding, cleaning and more. Its cutting-edge laser systems are expertly engineered for high-precision applications in a wide range of industries and tailored to each client's unique manufacturing needs. CMS Laser specializes in developing laser systems for a wide range of industries. It also counts several top 20 global life sciences companies among their customers. For more information, visit Control Micro Systems, Inc., a Laser Photonics company. Cautionary Note Concerning Forward-Looking Statements This press release contains 'forward-looking statements' (within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended), including statements regarding the Company's plans, prospects, potential results and use of proceeds. These statements are based on current expectations as of the date of this press release and involve a number of risks and uncertainties, which may cause results and uses of proceeds to differ materially from those indicated by these forward-looking statements. These risks include, without limitation, those described under the caption 'Risk Factors' in the Registration Statement. Any reader of this press release is cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of this press release. The Company undertakes no obligation to revise or update any forward-looking statements to reflect events or circumstances after the date of this press release except as required by applicable laws or regulations. View source version on CONTACT: Investor Relations and Media Contact: Brian Siegel, IRC®, M.B.A. Senior Managing Director Hayden IR (346) 396-8696 [email protected] KEYWORD: UNITED STATES NORTH AMERICA FLORIDA INDUSTRY KEYWORD: OTHER MANUFACTURING MACHINE TOOLS, METALWORKING & METALLURGY ENGINEERING TECHNOLOGY AUTOMOTIVE MANUFACTURING AEROSPACE MANUFACTURING OTHER TECHNOLOGY SOURCE: Laser Photonics Corporation Copyright Business Wire 2025. PUB: 04/29/2025 07:45 AM/DISC: 04/29/2025 07:44 AM

Laser Photonics and CMS Laser Boost R&D Efforts in UV Laser Cutting and Marking
Laser Photonics and CMS Laser Boost R&D Efforts in UV Laser Cutting and Marking

Associated Press

time13-03-2025

  • Business
  • Associated Press

Laser Photonics and CMS Laser Boost R&D Efforts in UV Laser Cutting and Marking

Laser Photonics Corporation (NASDAQ: LASE) ('LPC'), a leading global developer of industrial laser systems for cleaning and other material processing applications, and its subsidiary, Control Micro Systems, Inc. (CMS Laser), today announced an accelerated research and development initiative for their UV laser cutting and marking systems for microelectronics and medical device manufacturers. Today, ultraviolet (UV) lasers are used in fabrication that requires the highest level of precision. This includes the manufacturing of electronic components, medical devices, pharmaceutical packaging, semiconductors, LED wafers, credit cards, and other segments where low heat impact and high resolution are key requirements. 'Collaborating closely with CMS Laser, Laser Photonics is advancing the research and development of high-precision material processing with UV lasers for the microelectronics and medical industries,' said John Armstrong, Executive Vice President of LPC. 'These high-value laser solutions expand our broad range of capabilities and applications, delivering even greater value to our clients and shareholders.' One of CMS Laser's innovative UV laser-powered cutting systems is the PCB Depaneling system. This technology guarantees a non-charring separation process for small-size printed circuit boards, carried out with extremely tight tolerances. This purpose-built system also integrates the company's smart Through the Optics Vision (TTOV) for high-speed locating of board fiducial markings, ensuring accurate alignment. In addition to UV lasers, CMS Laser designs custom laser systems integrating fiber, CO 2, and ultra-short laser sources. Visitors can bring samples to CMS Laser's applications development lab for in-house material testing and analysis. A laser specialist will help determine the ideal solution that will meet each client's unique manufacturing and research needs. Leveraging CMS Laser's specialized expertise, LPC is channeling resources into R&D in the UV laser cutting and marking technology development. This move aims to enhance shareholder value and build resilience in evolving markets. For more information, visit the LPC website at 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 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 aviation, automotive, defense, energy, maritime, nuclear and space industries are using Laser Photonics' 'unique-to-industry' systems. For more information, visit About CMS Laser Control Micro Systems (CMS Laser), is a 40-year U.S. pioneer in software controls development for laser machines. Today, the company produces turnkey laser material processing systems for marking, cutting, drilling, welding, cleaning and more. Its cutting-edge laser systems are expertly engineered for high-precision applications in a wide range of industries and tailored to each client's unique manufacturing needs. CMS Laser specializes in developing laser systems for a wide range of industries. It also counts several top 20 global life sciences companies among their customers. For more information, visit Control Micro Systems, Inc., a Laser Photonics company. Cautionary Note Concerning Forward-Looking Statements This press release contains 'forward-looking statements' (within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended), including statements regarding the Company's plans, prospects, potential results and use of proceeds. These statements are based on current expectations as of the date of this press release and involve a number of risks and uncertainties, which may cause results and uses of proceeds to differ materially from those indicated by these forward-looking statements. These risks include, without limitation, those described under the caption 'Risk Factors' in the Registration Statement. Any reader of this press release is cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of this press release. The Company undertakes no obligation to revise or update any forward-looking statements to reflect events or circumstances after the date of this press release except as required by applicable laws or regulations. Brian Siegel, IRC®, M.B.A. Senior Managing Director Hayden IR SOURCE: Laser Photonics Corporation Copyright Business Wire 2025. PUB: 03/13/2025 07:10 AM/DISC: 03/13/2025 07:09 AM

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