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Stock impact report

Laser Photonics Launches R&D Initiative to Accelerate Innovation [Yahoo! Finance]

Laser Photonics Corporation (LASE) 
Company Research Source: Yahoo! Finance
laser systems for cleaning and other material processing applications, announced today that it has launched a research and development initiative targeting industrial laser solutions for pharmaceutical tablet drilling, wafer scribing, and semiconductor marking. Following LPC's recent acquisition of Control Micro Systems, Inc. , the company is dedicating resources to a number of new engineering projects to continue advancing its newly acquired laser systems. This investment of time and expertise, leveraging the innovative technologies and know-how from Control Micro Systems ("CMS"), aims to expand LPC's footprint in diversified markets. "Laser technology has reformed material processing across numerous industries," said Wayne Tupuola, CEO of LPC. "We're now tapping into more of these market segments with the addition of Control Micro Systems. Its state-of-the-art technology and Orlando-based development team have already proven invaluable." New sectors of focus are pharmaceutical Show less Read more
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