Laser Photonics & Brokk Australia Partner to Bring Laser-Powered Robotic and Handheld Systems to Asia-Pacific Region
26 September 2024 - 9:00PM
Business Wire
Expanding on Existing Partnership, LPC To
Collaborate With Brokk Australia
Laser Photonics Corporation (LPC) (NASDAQ: LASE), a leading
global developer of industrial laser systems for laser cleaning and
other material processing applications, and Brokk, a leading
provider of remote-controlled robotic machines for construction,
tunneling, mining and process customers, announce the expansion of
their technology partnership for collaboration in Australia.
Under the agreement, LPC and Brokk Australia plan to bring laser
cleaning and cutting technology to the mining, tunneling,
construction, metal processing, and military ecosystems in
Australia, New Zealand and throughout the Asia-Pacific region. With
their combined experience, LPC and Brokk Australia will apply their
joint expertise to revolutionize the way contractors work while
addressing the challenges of labor shortages and worker safety.
The deal follows the recent partnership between LPC and Brokk US
on the integration of laser cleaning and cutting technology
alongside remote-controlled robots. This innovative technology will
provide a clear competitive advantage to its users by allowing
operators to tackle heavy jobs in dangerous settings both
effectively and safely.
“Laser Photonics is excited to expand our presence overseas with
Brokk Australia,” said Wayne Tupuola, CEO of LPC. “Our laser
systems complement Brokk’s robotic machinery in handling
challenging tasks, and we are proud to take our relationship
further and collaborate abroad. We look forward to working together
and providing Brokk equipment operators worldwide with advanced
laser technology.”
Managing Director of Brokk Australia Ptd Ltd, Will Visser,
added: “The Mining, military, and construction industries in
Australia and New Zealand have a clear need for ergonomic and
environmentally compliant systems to revolutionize operations. With
this partnership, we will be working at the intersection of
remote-controlled robotic equipment and surface processing with
laser technology. Extending this initiative to our markets in
Australia, New Zealand and across the Asia-Pacific region, we are
committed to providing reliable, safe operating systems everywhere
we provide solutions.”
For more information about the partnership, visit LPC at
https://www.laserphotonics.com and Brokk at
https://www.brokk.com/au.
About Laser Photonics Corporation
Laser Photonics is a vertically integrated manufacturer and
R&D Center of Excellence for industrial laser technologies and
systems. Laser Photonics seeks to disrupt the $46 billion,
centuries-old sand and abrasives blasting markets, focusing on
surface cleaning, rust removal, corrosion control, de-painting and
other laser-based industrial applications. Laser Photonics’ new
generation of leading-edge laser blasting technologies and
equipment also addresses the numerous health, safety, environmental
and regulatory issues associated with old methods. As a result,
Laser Photonics has quickly gained a reputation as an industry
leader in industrial laser systems with a brand that stands for
quality, technology and product innovation. Currently,
world-renowned and Fortune 1000 manufacturers in the aerospace,
automotive, defense, energy, maritime, nuclear and space industries
are using Laser Photonics’ “unique-to-industry” systems. For more
information, visit https://www.laserphotonics.com.
About Brokk, Inc. and Brokk Australia
Brokk, Inc., is the world’s leading manufacturer of advanced
remote-controlled demolition machines, popularly called “demolition
robots.” Brokk is known for providing more effective,
profit-enhancing and safer demolition. Since 1976, they’ve
continued to push the limits for what is possible in
remote-controlled demolition. For more information on Brokk
Australia’s full line of remote-controlled demolition machines and
attachments, visit https://www.brokk.com/au.
Cautionary Note Concerning Forward-Looking Statements
This press release contains “forward-looking statements” (within
the meaning of Section 27A of the Securities Act of 1933, as
amended, and Section 21E of the Securities Exchange Act of 1934, as
amended), including statements regarding the Company’s plans,
prospects, potential results and use of proceeds. These statements
are based on current expectations as of the date of this press
release and involve a number of risks and uncertainties, which may
cause results and uses of proceeds to differ materially from those
indicated by these forward-looking statements. These risks include,
without limitation, those described under the caption “Risk
Factors” in the Registration Statement. Any reader of this press
release is cautioned not to place undue reliance on these
forward-looking statements, which speak only as of the date of this
press release. The Company undertakes no obligation to revise or
update any forward-looking statements to reflect events or
circumstances after the date of this press release except as
required by applicable laws or regulations.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20240926517143/en/
Investor Relations: laser@haydenir.com
Media: Karla Kizzort kkizzort@laserphotonics.com
Laser Photonics (NASDAQ:LASE)
Historical Stock Chart
From Oct 2024 to Nov 2024
Laser Photonics (NASDAQ:LASE)
Historical Stock Chart
From Nov 2023 to Nov 2024