- Laser Photonics Corp (NASDAQ:LASE) has received an order from the U.S. Navy for LPC-1000CTH CleanTech Laser Blasting System with an integrated water chiller for submarine MRO (maintenance, repair, and operations).
- The CleanTech Handheld LPC-1000CTH is a 1000 watt handheld laser cleaner. It is designed as a super-compact laser cleaning and surface treatment system for medium-sized areas requiring delicate cleaning, de-painting, and other surface preparation operations.
- Also Read: Laser Photonics Appoints Timothy Schick As Finance Head
- The LPC-1000CTH can be coupled with industrial robots and placed inside safety work cells with interlocks.
- “Over time, we hope to expand on this initial order as the U.S. Navy realizes our technology’s health, safety and efficiency benefits,” said CEO Wayne Tupuola.
- Price Action: LASE shares are trading higher by 36.36% at $2.54 in premarket on the last check Tuesday.
Nasdaq Gains 1%; US Adds 150,000 Jobs In October
U.S. stocks traded higher this morning, following the release of jobs report for October.
Following the market opening Friday, the Dow traded up 0.50% to 34,009.36 while the NASDAQ rose 1% to 13,427.71. The S&P 500 also rose, gaining, 0.85% to 4,354.30.
