Laser Photonics Subsidiary CMS Laser Wins New Order From Electrical Automation Professionals | LASE Stock News

4 days ago

Laser Photonics (LASE, Financial) subsidiary CMS Laser secures a new order from EAP Lasers.
This marks the first of a series of orders expected in the next 12 months.
Order highlights strategic growth in the pharmaceutical industry.

Laser Photonics Corporation (NASDAQ:LASE) has announced that its subsidiary, Control Micro Systems (CMS Laser), has received a new order from EAP Lasers, a division of Electrical Automation Professionals. This order is for a high-speed CO₂ Laser Drilling System, custom-built and integrated with CMS Laser's proprietary software controls.

This purchase signals the first in a sequence of orders anticipated to be fulfilled over the upcoming 12 months, reflecting an ongoing demand for advanced laser solutions in the industry. EAP Lasers, based in Pennsylvania, specializes in laser drilling systems specifically tailored for the pharmaceutical industry.

The acquisition of CMS Laser by Laser Photonics in late 2024 has proven strategic, as noted by John Armstrong, Executive Vice President of Laser Photonics. This development underscores CMS Laser's substantial contribution to the company's overall growth strategy, especially its expansion within the pharmaceutical sector.

Disclosures

I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.

Research Tools

All-In-One Screener Stock Ideas Stock List Guru List Guru Real-Time Picks Insider List Insider Trades Economic Indicators Sector & Industry Performance DCF Calculator Discussion Board

Product

Pricing Plans Excel Add-In Google Sheets Add-on Data API Stock Comparison Table Manual of Stocks Instant Alerts Mobile App 中文

Education

Financial Glossary Tutorials FAQ Schedule Free Session Buffett Indicator Shiller P/E Yield Curve Today U.S. Inflation Rate Global Market Valuation Fed Net Liquidity Buffett Assets Allocation

Company

About GuruFocus Career Contact Us Advertise Term of Use Privacy Policy Referral Program Partner Program

Survey

We'd love to learn more about your experiences on GuruFocus.com and how we can improve!

Take Survey

Disclaimers

GuruFocus.com is not operated by a broker or a dealer. Under no circumstances does any information posted on GuruFocus.com represent a recommendation to buy or sell a security. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The individuals or entities selected as "gurus" may buy and sell securities before and after any particular article and report and information herein is published, with respect to the securities discussed in any article and report posted herein. Gurus may be added or dropped from the GuruFocus site at any time. In no event shall GuruFocus.com be liable to any member, guest or third party for any damages of any kind arising out of the use of any content or other material published or available on GuruFocus.com, or relating to the use of, or inability to use, GuruFocus.com or any content, including, without limitation, any investment losses, lost profits, lost opportunity, special, incidental, indirect, consequential or punitive damages. Past performance is a poor indicator of future performance. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The information on this site is in no way guaranteed for completeness, accuracy or in any other way. The gurus listed in this website are not affiliated with GuruFocus.com, LLC. Stock quotes are provided by QuoteMedia, Inc. (CSI). Company fundamental data is provided by Morningstar. Analyst estimates data is sourced from both Refinitiv and Morningstar, with priority given to Refinitiv data. Data is updated daily.