Laser Photonics Corp

CIK: 18078872 Annual ReportsLatest: 2026-04-20
Revenue: $8,342,008Net Income: -$17,456,046Source 10-K
Disclaimer: AI-assisted summary of SEC Form 10-K filings. Not official company content and not investment, legal, accounting, or tax advice. See full disclaimer here.

10-K / April 20, 2026

Revenue:$8,342,008
Income:-$17,456,046

10-K / June 24, 2025

Revenue:$3,415,000
Income:-$2,518,827

10-K / April 20, 2026

Laser Photonics Corporation

Overview

  • Legal name: Laser Photonics Corporation, a Delaware corporation, with consolidated subsidiaries.
  • Business: Vertically integrated manufacturer and provider of photonics-based industrial products and laser blasting solutions. The company develops laser blasting technologies intended to replace traditional sandblasting and abrasive blasting.
  • Market position: Offers products across automotive, aerospace, healthcare, consumer products, shipbuilding, heavy industry, machine manufacturing, nuclear maintenance/decommissioning, and surface coating markets.
  • Recent strategic moves:
    • Acquired Control Micro Systems, Inc. (CMS) assets (effective October 30, 2024) to expand into the pharmaceutical manufacturing vertical.
    • Acquired Beamer Laser assets (August 5, 2025) to enhance IR fiber laser marking capabilities and strengthen U.S. manufacturing capacity.
    • Entered a license agreement with Fonon Drone Shield Solutions, Inc. (May 21, 2024) for an exclusive worldwide license to its laser material processing technology in exchange for 3,000,000 restricted common shares.
    • ICT Investments and affiliates hold substantial ownership (about 38% collectively as of December 31, 2025), providing access to a large network of prospects and strategic resources.

Key products and platforms

  • Core technology: CleanTech laser blasting — fiber-laser-based cleaning, de-coating, rust removal, and surface conditioning as a non-contact, environmentally oriented alternative to abrasive blasting.
  • Product families and configurations:
    • Handheld CleanTech Line: 50W to 3,000W, including the high-power CleanTech 3060 (in the 10 kW range) for on-floor and field use.
    • CleanTech Laser Blaster Cabinet: fully enclosed, Class 1 laser workspace with an integrated handheld laser-blasting head for hands-off operations that substitute for traditional sandblasting.
    • CleanTech Class I Systems: MegaCenter, Titan, Titan Express — automated, high-throughput systems with large working areas (for example, Titan offers a 6' x 12' workspace) suitable for mass production.
    • CleanTech Robotic Cell with AI: automation designed to allow programmer-friendly robotic operations without specialized robotics expertise.
    • CleanTech Laser Cleaning Robot: collaborative, AI-enabled cleaning system designed for lower power usage and cost efficiency; optional 3D scanning, vision systems, and Class 1 enclosures are available.
  • Safety and compliance: Systems designed for industrial use with OSHA, FDA (CDRH), and, where applicable, ITAR considerations; “Made in America” positioning for defense and government procurement.
  • Additional capabilities: AI programming for robots, autonomous or semi-autonomous operation, and integration with robotic platforms for defense and commercial applications.
  • Proprietary enhancements: Autofocusing C-optics for improved precision on uneven or contoured surfaces, plus advanced automation and safety features for field deployment.

Markets and customer segments

  • Target customers: Government entities, Fortune 1000 companies, and medium/small businesses.
    • Government: Specialized laser solutions that meet regulatory and performance standards; ongoing engagement includes defense-related projects such as laser defense systems (e.g., LSAD – Laser Shield Anti-Drone System) developed with Fonon Drone Shield Solutions.
    • Fortune 1000: Large-scale industrial applications for operations optimization, precision cleaning, rust removal, and similar uses.
    • Medium and small businesses: Service Partner Network (SPN) to enable mobile demonstrations and community-based opportunities; SPN supports entrepreneurs starting laser-cleaning or rental services, with marketing leads provided for a fee.
  • Prospects and pipeline: ICT Investments and affiliates provide access to more than 1,500 high-profile Fortune 5000 customer prospects.

Operations, facilities, and capacity

  • Headquarters: 250 Technology Park, Lake Mary, Florida 32746.
  • Facilities and space:
    • Lease for 48,481 sq ft in Lake Mary (effective July 1, 2024); base rent $50,354/month with annual 3% increases through 2035.
    • Assumed CMS lease for 52,200 sq ft at 4420 Metric Dr., Winter Park, FL; original expiry October 31, 2025; renewed through October 31, 2026 at a base rent of $54,930/month.
  • Headcount: 94 full-time employees as of December 31, 2025.

Financial highlights

  • Revenue:
    • Year ended December 31, 2025: $8.3 million in sales.
    • Year ended December 31, 2024: $3.4 million in sales.
  • The company has a history of net losses and accumulated deficits.

Financing and capital actions (selected)

  • July 7, 2025: Term loan of $2.1 million with weekly principal and interest payments; related $100,000 administrative fee.
  • August 28, 2025: Convertible note financing with Hudson Global Ventures, including commitment shares, a warrant for common stock, and a secured convertible promissory note convertible at $4.34 per share.
  • September 12, 2025: Unsecured promissory notes issued in a private placement (aggregate principal around $2.11 million with a 10% original issue discount); plan to repay via proceeds from ongoing financing arrangements.
  • September 22, 2025: Securities Purchase Agreement to issue 1,098,902 shares at $3.64 per share plus Series A and Series B warrants (WAINW restrictions and agent warrants).
  • February 9, 2026: Public offering of common stock and associated warrants; Wainwright to receive warrants as part of the closing.

Capital structure and major holders

  • ICT Investments, through control of several affiliates, owned approximately 38% of the company as of December 31, 2025.
  • Dmitriy Nikitin holds significant voting power via control of ICT Investments entities.

Strategic and growth focus

  • Multi-market and multi-product approach to diversify revenue across industries.
  • Development of standardized, market-focused systems (for example, rust removal for ships and laser decontamination for nuclear applications).
  • Expand customer relationships globally with enhanced after-sales support.
  • Emphasize new product development to capture early-adopter opportunities and drive adoption through engineering expertise and cost-effective production.
  • Expand the CleanTech family to improve affordability and scalability for small and mid-sized companies.

Intellectual property and licensing

  • IP strategy combines patents, trade secrets, and confidentiality agreements; key manufacturing processes and know-how are treated as proprietary.
  • Licenses and collaborations:
    • Exclusive worldwide license to CMS-related laser processing technology via Floos/affiliate arrangements, with 3,000,000 restricted common shares issued to the licensor.
    • Licenses and joint development relationships with ICT Investments affiliates, including Fonon Drone Shield Solutions, to expand technology access and market reach.

Summary

Laser Photonics Corporation is a vertically integrated provider of laser-based cleaning and surface-processing equipment focused on replacing abrasive blasting with high-power fiber laser systems. The company serves government, Fortune 1000, and small-to-medium enterprises and has expanded into pharmaceutical manufacturing and laser marking through recent acquisitions. Its CleanTech product portfolio includes handheld units, cabinets, automated Class I systems, and robotic cleaning solutions. As of 2025, Laser Photonics reported $8.3 million in revenue, employed 94 full-time staff, and maintained a substantial ownership position by ICT Investments (approximately 38%). The company is pursuing growth through acquisitions, licensing, government contracts, and expanded sales channels.