Laser Photonics Corp (NASDAQ:LASE) stock climbed 17.6% in Monday premarket trading following the announcement of a multi-system order from a top-five global semiconductor capital equipment company.
The industrial laser systems maker said the order was obtained through its Beamer Laser Marking Systems subsidiary, acquired as part of its strategic growth plan. The deal represents a major step into the semiconductor sector for Laser Photonics.
“Securing a multi-system order from a top-five global semiconductor capital equipment leader validates our ability to compete at the highest levels of advanced manufacturing,” said Wayne Tupuola, CEO of Laser Photonics.
The company emphasized that the semiconductor market is projected to surpass $1 trillion by 2030, offering a significant growth opportunity. Through acquisitions like Beamer and CMS, Laser Photonics has evolved into a diversified provider of laser solutions serving multiple sectors, including semiconductor, pharmaceutical, and industrial manufacturing.
Laser Photonics’ strategy aims to reduce dependency on any single industry while positioning the company to benefit from technology trends such as AI, electric vehicles, and advanced computing. The company noted that its acquisition strategy has opened high-growth markets and leveraged Beamer’s global distribution network to expand sales across its full product lineup.
Laser Photonics Corporation stock price
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