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Laser Photonics Secures Repeat Bruce Power Order for Advanced CleanTech Laser Technology

1. Laser Photonics received orders for two CleanTech laser systems from Sargent & Lundy. 2. The systems will enhance safety and environmental benefits at Bruce Power's nuclear site. 3. The CleanTech technology reduces health risks by eliminating chemical use. 4. Bruce Power's maintenance program emphasizes safe, eco-friendly practices in nuclear energy. 5. LASE technology is rapidly gaining traction among major industries focusing on safety.

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Why Bullish?

Increased orders signal growing market trust, similar to past demand spikes in tech.

How important is it?

The article highlights significant contracts, showcasing LASE's strategic growth and market penetration.

Why Long Term?

Sustained partnerships with key clients like Bruce Power indicate ongoing demand.

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LASES&LBRN
ORLANDO, Fla.--(BUSINESS WIRE)--Laser Photonics Corporation (LPC) (NASDAQ: LASE), a leading global developer of industrial laser systems for cleaning and other material processing applications, announced today that it has received an order for a second and third CleanTech 500-CTHD laser cleaning system from Sargent & Lundy for use by Bruce Power in Ontario, Canada, the operator of North America’s largest operational nuclear power plant. For both the company and its employee unions, the initial system’s proven environmental and worker safety advantages were key factors in ordering an additional two systems. John Armstrong, Executive Vice President of Laser Photonics, emphasized their laser cleaning technology's benefits for the nuclear industry: “Our innovative solutions offer a safe, eco-friendly approach, reducing radioactive waste and enhancing worker safety. Bruce Power and its workforce, with their solid commitment to clean energy, leads by example in adopting laser cleaning. Sargent & Lundy's engineering and project management expertise ensures successful implementation. Together, these organizations are setting a new benchmark for industries worldwide.” CleanTech technology allows for precise cleaning without damaging underlying materials and reduces health risks by eliminating the need for chemicals. The second and third CleanTech system will be deployed in Bruce Power’s Vacuum Building Outage (VBO) program, as was the first LPC unit. The VBO commenced in April 2024, involving a temporary shutdown of Bruce B’s four nuclear units for thorough maintenance and inspection. Vacuum buildings are unique to Bruce Power’s generating stations and are integral to its comprehensive safety system, providing an additional protective barrier against the release of radioactivity into the environment. All four operating units must be shut down approximately once every decade to facilitate these vacuum building inspections and maintenance. For more information about the CleanTech line of laser cleaning systems, visit https://laserphotonics.com/laser-cleaning. 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 a 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 aviation, 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 Bruce Power Bruce Power is an electricity company based in Bruce County, Saugeen Ojibway Nation Territory, Ontario. Its 4,200 employees are the foundation of its accomplishments and are proud of the role they play in safely delivering clean, reliable nuclear power to families and businesses across the province and cancer-fighting medical isotopes around the world. Formed in 2001, Bruce Power is a Canadian-owned partnership of TC Energy, OMERS, the Power Workers’ Union and The Society of United Professionals. It is Canada’s only private sector nuclear generator, annually producing 30 per cent of Ontario’s power. For more information, visit https://www.brucepower.com/. About Sargent & Lundy Sargent & Lundy is one of the longest-standing full-service architect engineering firms in the world. Founded in 1891, the firm is a global leader in power and energy with expertise in grid modernization, renewable energy, energy storage, nuclear power, fossil fuels, and carbon capture. Nuclear power has been one of Sargent & Lundy’s core competencies since 1954. It has a long history of helping Bruce Power achieve their goals, delivering comprehensive project services – from consulting, design, and implementation to construction management, commissioning, and operations/maintenance – with an emphasis on quality and safety. It serves public and private sector clients in the power and energy, gas distribution, and industrial and government sectors. For more information, visit https://www.sargentlundy.com/. Cautionary Note Concerning Forward-Looking Statements This press release contains forward-looking statements within the meaning of applicable securities laws. These statements are based on current expectations as of the date of this press release and involve risks and uncertainties that may cause results and uses of proceeds to differ materially from those indicated by these forward-looking statements. We encourage readers to review the “Risk Factors” in our Registration Statement for a comprehensive understanding. Laser Photonics Corp. undertakes no obligation to revise or update any forward-looking statements, except as required by applicable laws or regulations, to reflect events or circumstances after the date of this press release.

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