Laser Photonics Corporation (NASDAQ:LASE) shares rose 7% in premarket trading on Monday after the company disclosed a $500,000 order from a major U.S.-based power utility for three of its CleanTech laser cleaning systems.
The deal marks the utility’s first deployment of Laser Photonics’ technology and covers three mid- to high-power, transportable laser cleaning units, including the CTIR-3040 handheld system. The customer is replacing conventional media blasting techniques, which the company said are labor-intensive, environmentally damaging and can contaminate surrounding work areas.
“This order reflects a growing shift among power utilities toward cleaner, more efficient maintenance solutions such as our laser-based offering,” said Wayne Tupuola, Chief Executive Officer of Laser Photonics. “Energy infrastructure customers represent a meaningful part of our business, and we see continued momentum in this sector as operators move away from abrasive processes that increase downtime, labor, and environmental risk.”
Laser Photonics’ CleanTech platforms are designed to remove corrosion, coatings and industrial contaminants without abrasives or chemicals, and without generating secondary waste. The company said its laser-based approach cuts down on post-cleaning cleanup and enables critical infrastructure assets to return to service more quickly, with fewer operational interruptions than traditional surface treatment methods.