Get 40% Off
👀 👁 🧿 All eyes on Biogen, up +4,56% after posting earnings. Our AI picked it in March 2024.
Which stocks will surge next?
Unlock AI-picked Stocks

Laser Photonics secures order from Ship Point Machine

EditorAhmed Abdulazez Abdulkadir
Published 01/11/2024, 09:12 AM
Updated 01/11/2024, 09:12 AM
© Reuters.

ORLANDO, FL - Laser Photonics Corporation (NASDAQ:LASE), a prominent developer of CleanTech laser systems, has announced receiving a new order from Ship Point Machine Co. for its laser cleaning technology. The system in question, the CleanTech LPC-1000-CTHS, is designed to provide a safe and eco-friendly alternative to traditional cleaning methods used in maritime and manufacturing sectors.

Ship Point Machine Co., headquartered in Hollywood, Maryland, specializes in engineering services including sheet metal fabrication. The company plans to leverage LPC's technology to expand its commercial market reach and enhance its service offerings, particularly for its maritime and federal government clients.

The CleanTech LPC-1000-CTHS is noted for its fully operator-safe technology, which allows for easy operation without the risks associated with hazardous substances typically involved in conventional cleaning processes. This aligns with the increasing market demand for non-abrasive and environmentally sustainable cleaning methods that also offer cost and time efficiency.

Laser Photonics aims to transform the traditional sand and abrasives blasting markets with its laser technologies, focusing on applications such as surface cleaning, rust removal, and de-painting.

The information provided in this article is based on a press release statement from Laser Photonics Corporation.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.