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ORLANDO - Laser Photonics Corporation (NASDAQ:LASE), a small-cap industrial technology company with a market capitalization of $45.89 million, announced Tuesday that its subsidiary Control Micro Systems (CMS Laser) has received an order for a high-speed CO₂ laser drilling system from Pennsylvania-based EAP Lasers. According to InvestingPro data, the company has shown strong revenue growth of 23.87% over the last twelve months.
The order represents the first in what the company describes as a series of expected orders scheduled for delivery over the next 12 months. The custom-built system will be integrated with CMS Laser’s proprietary software controls. While the stock has shown significant momentum with an 11.03% return over the past week, InvestingPro analysis suggests the company is currently trading above its Fair Value, with 12 additional ProTips available for subscribers.
"CMS Laser is a trusted supplier of custom laser equipment to leading manufacturers in the United States and abroad," said John Armstrong, Executive Vice President of Laser Photonics, in a press release statement.
EAP Lasers, a division of Electrical Automation Professionals, specializes in equipment, engineering, support, and parts for laser drilling systems for the pharmaceutical industry.
Laser Photonics acquired CMS Laser in late 2024. The subsidiary has been operating for 40 years as a developer of software controls for laser machines and now produces turnkey laser material processing systems for various industrial applications.
Laser Photonics Corporation describes itself as a vertically integrated manufacturer of industrial laser technologies and systems that aims to disrupt traditional sand and abrasives blasting markets for surface cleaning and other applications.
In other recent news, Laser Photonics Corporation has regained compliance with Nasdaq listing requirements after filing its overdue financial reports. The company successfully submitted its Form 10-K for the fiscal year ended December 31, 2024, and Form 10-Q for the period ended March 31, 2025, resolving previous non-compliance issues. Additionally, Laser Photonics announced plans to acquire Beamer Laser Marking Systems, a provider of industrial laser marking equipment. The acquisition, structured as an all-stock transaction, includes Beamer’s manufacturing equipment, inventory, and intellectual property. This move is expected to enhance Laser Photonics’ product diversification strategy in the laser marking market. The company had faced challenges due to filing delays linked to its acquisition of CMS assets in November 2024, which complicated its audit process. Despite these challenges, Laser Photonics has worked with its auditors to meet compliance deadlines. The acquisition of Beamer Laser Marking Systems is pending a 15-day review period by Nasdaq.
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