Shares of Laser Photonics Corporation LASE are soaring higher after the company received an order for its LaserTower COMPACT marking and engraving system from L3Harris Technologies, Inc LHX. The financial terms were not disclosed.
L3Harris will use Laser Photonics’ LaserTower COMPACT system at its semiconductor division in Palm Bay, Florida.
The LaserTower COMPACT is an industrial-grade laser marking, engraving and etching system that can operate as a stand-alone unit or get integrated into an I/O production line.
It provides solutions for precise, legible, permanent direct part marking, including UDI/UID barcodes, logos and other service marks.
“Laser Photonics is proud to supply laser marking equipment to L3Harris, one of the largest long-time defense contractors in the United States,” said CEO Wayne Tupuola.
Price Action: LASE shares are trading higher by 141.2% at $3.45 on the last check Tuesday.
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