Company Overview Summary

Business Operations

• Industry: Vertically integrated manufacturer of photonics-based industrial products and laser solutions.
• Core Focus: Development, manufacturing, and sale of laser cleaning, surface conditioning, and disruptive laser blasting technologies.
• Market Expansion: Recently acquired Control Micro Systems, Inc., expanding into the large, growing pharmaceutical manufacturing vertical, particularly for controlled-release medications.

Products & Technologies

• Laser Blasting Solutions:

  • Full portfolio including handheld systems, enclosed cabinets, and automated robotic systems.
  • Technologies based on proprietary fiber laser ablation and high-power pulse laser systems.
  • Key product lines:
    • CleanTech™ Laser Blasters: Ranging from 50W to 3000W, including the powerful CleanTech Industrial Roughening Laser 3060 (~10,000W).
    • Laser Blaster Cabinets: Fully enclosed, Class 1 systems for safe, environment-friendly surface cleaning.
    • Automated Systems: MegaCenter, Titan, Titan Express for high-throughput mass production.
    • Robotic & AI-enabled Systems: CleanTech™ Robotic Cell for automated, programmable laser cleaning.

• Market Applications:

  • Industries include automotive, aerospace, healthcare, consumer products, shipbuilding, heavy industry, nuclear maintenance and decommissioning, surface coating, defense, and aerospace.
  • Specific use cases include corrosion control, rust removal, de-coating, pre-welding and post-welding surface prep, laser cleaning, and surface conditioning.

Customer Segments

• Government Entities: Contracts for defense, aerospace, public infrastructure, with projects like Laser Shield Anti-Drone System (LSAD).
• Fortune 1000 Companies: Focused on operational efficiency, precision manufacturing, establishing long-term partnerships.
• Medium & Small Businesses: Targeted through portable, high-performance, affordable laser cleaning systems (CleanTech™ family) and on-site demonstration vans.

Market & Licensing

• Global Market: Marketed worldwide via a direct sales force in the U.S.
• Licenses & Ownership:
  • Perpetual, worldwide exclusive license with ICT Investments, LLC for Laser Photonics™ branded equipment.
  • Exclusive, worldwide license with Fonon Technologies, Inc., for high-power turbo piercing ("Cold Cutting") laser technology.
  • ICT Investments owns approximately 31.13% of the company's stock; Fonon owns approximately 21.04%.
  • Combined, ICT Investments and Fonon collectively control approximately 59.19% of the company's voting stock.

Financials (as of December 31, 2024)

• Net Revenue: $3.415 million for the year ending December 31, 2024.
• Employees: 94 full-time employees.
• Intangible Assets: Represent about 33% of total assets as of December 31, 2024.

Facilities

• Main offices and manufacturing in Orlando, FL, with additional leased space:
  • 48,481 sq ft office and manufacturing space in Lake Mary, FL (leased at approximately $50,354/month with 3% annual increase)
  • Acquired a 52,200 sq ft facility via purchase in Winter Park, FL, at $27,700/month
  • Additional leased space previously used for sales/marketing, now terminated to reduce costs.

Strategic Focus

• Targets multi-market, multi-product development to diversify revenue.
• Emphasizes new product development, especially standardized systems for smaller businesses.
• Positions itself as a “Made in America” provider aligned with defense and industrial procurement priorities.
• Aims to become a market leader in laser welding, cutting, cleaning, semiconductor, 3D printing, and anti-drone defense markets.

Note: The company is classified as a controlled company under Nasdaq standards due to majority ownership by ICT Investments LLC.