Connect with us

Hi, what are you looking for?

Stock

Laser Photonics shares rise following new orders

Investing.com — Shares of Laser Photonics Corporation (NASDAQ: LASE) climbed 3% after the company’s subsidiary, Control Micro Systems (CMS), announced receiving follow-on orders from clients in the pharmaceutical and electronics manufacturing sectors.

The orders, which include a UV Laser Drilling System for a leading pharmaceutical company and a PCB Laser Marking Workstation for marking printed circuit boards, signify the growing market demand for advanced laser equipment. These systems are noted for their high precision, safety, and durability, with features such as water-cooling, state-of-the-art ultraviolet lasers, and integrated vision systems for precise operations.

John Armstrong, Executive Vice President of LPC, expressed confidence in the CMS acquisition’s contribution to the company’s growth, stating, “These orders for additional CMS laser systems across multiple industries demonstrate both the high levels of customer satisfaction CMS is bringing to the market and the growing market demand for advanced laser equipment across various verticals. These two factors point towards continued success for this recently acquired business.”

Since its acquisition by LPC in the fourth quarter of 2024, CMS has shown rapid growth, enhancing LPC’s market differentiation and expanding its reach into new industries. The recent orders reflect CMS’s commitment to providing specialized laser equipment for various industrial applications, including pharmaceutical, PCB manufacturing, and wire processing.

Investors responded positively to the news, driving Laser Photonics’ stock upward in the trading session. The company’s ability to secure repeat business and penetrate diverse markets appears to be a key factor in its current and future success.

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

This post appeared first on investing.com

    You May Also Like

    Latest News

    A group of more than 60 former Democratic and Republican attorneys general sent a new letter to Senate leaders Thursday urging the confirmation of...

    Stock

    Investing.com — RBC Capital Markets in a note dated Thursday has downgraded Swatch Group (SIX:UHR) to an “underperform” rating, citing structural and cyclical challenges...

    Stock

    Investing.com — Universal Music Group (AS:UMG) and Spotify (NYSE:SPOT) have announced a new multi-year deal for recorded music and publishing, the companies announced in...

    Stock

    By Rocky Swift TOKYO (Reuters) -Japan’s Fuji Media said on Monday its chairman and the head of its TV unit would step down immediately...



    Disclaimer: Techreportdiversity.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.


    Copyright © 2025 Techreportdiversity.com