#Laser #Photonics #Emerging #Leader
New, York, NY, Oct. 13, 2022 (GLOBE NEWSWIRE) — via NewMediaWire — Laser Photonics Corporation (NASDAQ:LASE), (“LPC”), a leading global industrial developer of Cleantech laser systems for laser cleaning and other materials applications, was recently the subject of a feature article by leading financial news website and publisher SmallCapsDaily. The coverage includes a comprehensive overview of Laser Photonics, the fast-growing global abrasive cleaning industry it operates within and the Company’s positioning as a leader in its segment.
According to Grand View Research, the global abrasive cleaning market reached $35.29 billion in 2021 and is expected to increase to $47.82 billion by 2028. Laser Photonics has established itself as a safe, effective, and reasonably priced alternative blast cleaning method to media blasting, a method that is less safe by comparison, as it can pose safety, health and environmental risks.
Government contracts are a considerable part of the vast addressable market and the company has already retailed laser cleaning equipment to several branches of the American armed forces, the Veteran’s Administration, and NASA. With a strong product portfolio, high growth strategy and a solid customer base, Laser Photonics is certainly a company with a compelling investment thesis.
For more detailed information, please visit: https://smallcapsdaily.com/laser-photonics-a-laser-cleaning-small-cap-operating-in-a-blue-ocean/
Key Takeaways
- Laser Photonics’ new generation of cutting-edge laser blasting technologies and apparatus address various health, safety, environmental, and legal concerns related to the older techniques.
- The company’s “unique-to-industry” systems are being used by Fortune 500 companies and well-known manufacturers in the aerospace, automotive, defense, energy, industrial, maritime, and shipbuilding sectors. Some of its key clientele include names such as 3M, General Electric, Ford Motors,…
