ORLANDO, Fla., March 21, 2024 – Laser Photonics Corporation (NASDAQ: LASE) (LPC), a leading global developer of industrial laser systems for laser cleaning and other material processing applications announced today that it has entered into a distribution agreement with Incredible Supply & Logistics (ISL), an award-winning product distribution, mission kitting, and third-party logistics (3PL) company specializing in supporting federal government customers and defense contractors as well as serving the maritime & space communities.
“This partnership will increase our customer base and expand our distributor network while equipping an industry-leading supplier with the cutting-edge industrial laser solutions that Government and Defense clients have been demanding,” said Wayne Tupuola, CEO of Laser Photonics. “What underlies ISL’s success with these demanding, high-dollar niche markets is their uncanny ability to source an entire bill of materials from top to bottom more cost effectively than their competition. No items are too small, too big, too unusual, or too next-generation for them. We are excited to have a new partner working to provide world-class laser systems to a large, critical audience.”
ISL was featured on Industrial Distribution magazine’s 2018 Watch List, which shines a light on companies that are the “ones-to-watch” outside of the 50 biggest MRO distributors. Laser Photonics will benefit from the company’s exceptional federal subcontractor support relationships, experience and expertise which includes dozens of strong links to the U.S. Air Force, Army, Navy, Coast Guard, Defense Logistics Agency, Department of State, and Missile Defense Agency. LPC will also greatly benefit from ISL’s national distribution network, which includes a closely aligned supplier network, robust sourcing, manufacturing resources, and a team of subject matter experts and support personnel.
Laser Photonics joined with ISL in mid-February 2024. As part of this vendor agreement, the initial products that will be offered through ISL will include:
● DefenseTech Blaster Cabinet DT-50-BC Laser Cleaning System
● MarkStar Handheld LPC-20-MSH Laser Engraving System
● WeldTech LPC-1500-LWS Laser Welding System
● Personal Protective Equipment (PPE)
● Laser training for the products offered and more
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 the old methods. As a result, Laser Photonics has quickly gained a reputation as an industry leader for 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, industrial, maritime, space exploration and shipbuilding industries are using Laser Photonics’ “unique-to-industry” systems. For more information, visit www.laserphotonics.com
About Incredible Supply & Logistics (ISL)
ISL is an award-winning U.S. small business with product distribution solutions and services across industrial, parts, tactical, workwear & IT supply serving the Federal, Defense, Maritime & Space communities. The ISL team specializes in supporting government customers and defense contractors with custom supply chain and sustainment solutions, complete Bill of Material (BOM) sourcing, supply consolidation, kitting services, and customized third-party logistics (3PL). To learn about ISL, visit https://www.incrediblesupply.com
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.
Investor Relations Contact:
[email protected]
Media Contact:
Karla Kizzort
Marketing Specialist
Laser Photonics Corporation
[email protected]