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LASE Laser Photonics Corporation

5.00
-0.06 (-1.19%)
28 Jan 2025 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Laser Photonics Corporation NASDAQ:LASE NASDAQ Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -0.06 -1.19% 5.00 5.00 5.10 5.14 4.7508 5.00 268,088 00:09:01

Laser Photonics Secures Order for Cooper Nuclear Station in Nebraska

23/12/2024 12:00pm

Business Wire


Laser Photonics (NASDAQ:LASE)
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New Order Points to Growing Adoption of Laser Cleaning Technology in Nuclear Industry

Laser Photonics Corporation (NASDAQ: LASE) (LPC), a leading global developer of industrial laser systems for cleaning and other material processing applications, announced today that it received an order from the Cooper Nuclear Station (CNS), Nebraska’s largest single-unit generator providing clean and reliable electricity.

“Laser cleaning technology is rapidly gaining ground as a highly effective alternative to hazardous surface preparation methods,” said John Armstrong, Executive Vice President of Laser Photonics. “LPC is serving a growing number of clients in the nuclear energy sector, and we are thrilled that Cooper Nuclear entrusted us in providing its team with innovative laser-powered equipment.”

The CleanTech CR-3010, acquired by CNS, is a commercial-grade handheld continuous wave fiber laser machine for surface preparation. It effectively removes contaminants and coatings off various surfaces during maintenance and production processes, and it has demonstrated its capability to blast off radioactive particles along with unwanted material. Paired with a fume extractor, the system turns into an irreplaceable power tool for the regular maintenance of equipment and infrastructure.

CNS, operated by the Nebraska Public Power District (NPPD), plans to use the CleanTech CR-3010 for paint and rust removal in the pre-weld preparation of valves, pipes and steel plates across plant equipment.

Laser ablation is an eco-friendly surface preparation method for businesses looking to reduce their ecological impact, as it does not involve the use of hazardous consumables and generates minimal secondary waste. LPC technology continues to be adopted in the nuclear industry and others as companies worldwide advance toward their sustainability goals.

For more information about the CleanTech line of laser cleaning systems, visit https://laserphotonics.com/laser-cleaning.

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 500 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 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.

Investor Relations Contact: laser@haydenir.com

LPC Contact: Karla Kizzort Laser Photonics Corporation kkizzort@laserphotonics.com

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