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ORLANDO - Laser Photonics Corporation (NASDAQ:LASE), a small-cap industrial technology company with $6.94 million in trailing twelve-month revenue and 89.34% year-over-year growth, announced Tuesday it has completed the acquisition of Beamer Laser Marking Systems assets from ARCH Cutting Tools. Beamer generated between $3 million and $5 million in unaudited annual revenue between 2022 and 2024, according to the company. According to InvestingPro, LASE currently trades at $2.01 with a market capitalization of $28.7 million.
The acquisition includes Beamer’s manufacturing equipment, inventory, customer contracts, open purchase orders, intellectual property, distributor relationships, and key personnel. Beamer’s operations have been integrated into LPC’s Florida facility and have begun shipping orders. The deal comes as LASE stock has experienced significant volatility, with InvestingPro data showing a 65.22% decline year-to-date.
Beamer’s laser marking systems are used in industrial manufacturing, aerospace, defense, automotive, medical devices, and consumer products for permanent marking, tracking, and identification purposes. The systems are designed and built in the USA, featuring infrared fiber and CO2 lasers.
The deal provides LPC access to Beamer’s distribution network of 19 authorized dealer locations with 80 representatives across the United States and Mexico. Five of these locations serve as demonstration centers with live equipment, while 14 focus on sales and technical support.
LPC is currently in discussions with several of Beamer’s distributors to carry Laser Photonics’ product lines, including CleanTech and DefenseTech systems, potentially creating a nationwide distribution platform for the combined portfolio.
The acquisition is expected to diversify LPC’s customer base by adding Fortune 100 companies in aerospace, defense, and pharmaceuticals. The company also anticipates generating steady service revenue from Beamer’s installed base of customers.
This information is based on a press release statement from Laser Photonics Corporation. InvestingPro analysis indicates the company currently operates with a weak financial health score, maintaining a moderate debt level with short-term obligations exceeding liquid assets. Subscribers can access 10+ additional ProTips and comprehensive financial metrics for deeper analysis of LASE’s acquisition strategy and market position.
In other recent news, Laser Photonics Corporation has completed a convertible note financing with Hudson Global Ventures. The agreement involves a 12-month secured convertible promissory note with a principal amount of $455,000, bearing an annual interest rate of 12%. The note is convertible into shares of Laser Photonics common stock at a fixed price, with specific provisions for prepayment. Additionally, Laser Photonics has entered into a strategic media partnership with New to The Street to enhance its brand visibility through various media channels. The company has also completed the integration of Beamer Laser Marking Systems into its operations and has begun shipping initial orders from this facility. This integration was part of an all-stock transaction with Fonon Quantum Technologies, pending NASDAQ approval. Furthermore, Laser Photonics received a third purchase order from Sun Display Systems for its LaserTower MegaCenter, designed for high-precision industrial production. Lastly, its subsidiary, CMS Laser, secured an order for a high-speed CO₂ laser drilling system from EAP Lasers, marking the beginning of a series of expected orders.
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