Laser Photonics (LASE) Sees Stock Surge In After-Hours Session

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Shares of Laser Photonics Corporation (NASDAQ: LASE) had a substantial boost on Tuesday during the after-market session, rising up 5.15% to $14.99. This surge in investor interest came after LASE announced a large order for its cutting-edge cleaning technology.

Laser Photonics Inked Strategic Partnership

Hemlock Semiconductor (HSC), the top US manufacturer of ultra-pure polysilicon mainly serving the semiconductor and solar industries, has placed an order with Laser Photonics for its handheld CleanTech CTIR-3040 industrial roughening laser system.

The production of hyper-pure polysilicon necessitates exceptional precision and efficiency in equipment maintenance, a demand that Laser Photonics’ advanced laser cleaning technology adeptly fulfills. This alignment with HSC’s commitment to environmental sustainability and social responsibility played a pivotal role in their decision to adopt the CleanTech laser system.

Innovative Features of the CTIR-3040 System

With its ability to precisely target impurities and clean processing equipment, the CTIR-3040 dual-axis fiber laser ensures the integrity and quality of silicon generated. Its non-contact cleaning technique reduces waste and operator health concerns by doing away with the need for dangerous chemicals and abrasive materials.

Additionally, the system’s versatility enables it to clean a variety of materials efficiently, thus decreasing downtime and increasing production. HSC has embraced the CTIR-3040 as an early adopter, benefiting from its next-generation compact scan head, overheat protection, and an array of safety features, including mobile connectivity, emergency stop functionality, and an air pressure sensor.

Expanding Global Partnerships

Moreover, Laser Photonics recently extended its technical cooperation with Brokk, a major manufacturer of remote-controlled robotic devices, in addition to its work with Hemlock Semiconductor. Through this collaboration, laser cleaning and cutting technologies will be made available to a variety of industries in Australia, New Zealand, and the larger Asia-Pacific area.

In order to solve the labor shortage and enhance safety procedures in the mining, tunneling, construction, and metal processing industries, Laser Photonics and Brokk Australia are combining their expertise. This will pave the way for novel developments in operational effectiveness and worker safety.

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