Laser Photonics completes Beamer acquisition integration
Laser Photonics Corporation (NASDAQ: LASE) announced the completion of integrating Beamer Laser Marking Systems assets into its Florida operations, with first orders now shipping from the facility.
The company acquired Beamer's assets from parent company Fonon Quantum Technologies in an all-stock transaction valued at 3 million shares of LASE common stock plus warrants for 3 million additional shares at $4.34 per share. According to ARCH Cutting Tools, Beamer's former owner, the laser marking systems business generated between $3 million and $5 million in annual revenue from 2022 to 2024.
The acquisition includes Beamer's manufacturing equipment, inventory, customer contracts, intellectual property, and distributor relationships. Key personnel transferred to maintain operational continuity. The transaction requires NASDAQ approval before closing.
Beamer's laser marking systems serve manufacturers in aerospace, defense, automotive, medical device, and industrial sectors for product tracking and compliance marking. The systems use infrared fiber and CO2 lasers designed and manufactured in the United States.
The acquisition adds a distribution network of 19 authorized dealers with 80 representatives across the United States and Mexico. Five locations operate as demonstration centers, while 14 focus on sales and technical support.
Laser Photonics plans to enable cross-selling opportunities between Beamer's dealer network and its existing CleanTech laser cleaning systems. The company expects Beamer's installed customer base to provide ongoing service revenue.
Beamer's customer roster includes Fortune 100 companies in aerospace, defense, and pharmaceutical industries. The combined customer base will have access to both companies' laser technology portfolios upon transaction completion.
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