News | June 6, 2024

Laser Photonics Completes Proof Of Concept Testing For Fonon Corporations' Laser Shield Anti-Drone System

Orlando, FL - (BUSINESS WIRE) - Laser Photonics Corporation (LPC) (NASDAQ: LASE), a leading global industrial developer of laser systems for cleaning and other material processing applications, and its parent company, Fonon Corporation, a multi-market holding company, R&D center, equipment designer and manufacturer of advanced laser material processing systems for subtractive and additive manufacturing, have announced the successful early testing of Fonon's Laser Shield Anti-Drone System (LSAD) prototype at LPC's testing facility.

The LSAD is a cutting-edge solution in development for the deterrence of unauthorized drone activity. It is being designed by Fonon in conjunction with Laser Photonics and is based on the two company's existing laser technology. The tech when fully complete will serve as an immediate response defense system for addressing the threat of small-scale unmanned aerial systems (UAS) in conflict zones and expeditionary locations. LPC has provided Fonon with the testing area and other related resources to test the LSAD prototype at its Orlando facility.

The LSADs first proof of concept was recently completed and tested at Laser Photonics' newly developed Customer Experience Center, which features an internal laser range. This state-of-the-art facility enabled Laser Photonics and Fonon Corporation to evaluate the proof of concept under controlled conditions. The range served to test the lasers' capabilities in terms of precision and effectiveness when it came to targeting and destroying distant objects. By conducting these tests internally, Laser Photonics was able to ensure the reliability and accuracy of the results found in this preliminary test, which concluded with the proof of concept being a success. The LPC facility being used will play a crucial role in developing the LSAD as the system continues to be developed.

Wayne Tupuola, CEO of Laser Photonics, said: "Defense professionals worldwide are focused on anti-drone technology due to its increasing prevalence, which presents an opportunity for LPC and Fonon to collaborate on this project. We believe that Fonon's LSAD has the potential to become a must-have technology for modern defense infrastructures."

Fonon and LPC will continue collaborating on the development and testing of the LSAD as part of their commitment to pushing the boundaries of technology in the defense and military maintenance sectors. The two companies boast a robust collective track record of research and development, coupled with a proven ability to successfully penetrate the market in the multi-application laser technologies sector.

"As illustrated daily across a myriad of conflict zones globally, drones have begun to take an increasing role in modern warfare. Used as offensive weapons or as surveillance assets, the need for a modern, perimeter defense system has never been greater," said Bryan Lee, Vice President of Fonon Technologies. "Together with Laser Photonics, we have been developing a prototype laser defense system that will effectively neutralize this growing threat. This will significantly increase the operational capabilities of our military and allied forces worldwide."

Fonon Technologies, a sister company of LPC, will concentrate on marketing and promoting Fonon Corporation's LSAD technology once it is fully commercialized. This will be in addition to supporting the parent companies' current laser solutions for defense. Fonon Technologies exclusively caters to the government, military and defense sectors.

Laser Photonics and Fonon Corporation are looking for a partner to collaborate with on tracking and target acquisition as they progress with the development of the LSAD system. For more information about Laser Photonics, please visit https://www.laserphotonics.com or contact our sales department at fiberlaser@laserphotonics.com.

About Laser Photonics Corporation
Laser Photonics Corporation is a vertically integrated manufacturer and R&D Center of Excellence for industrial laser technologies and systems. At LPC, we are disrupting the centuries-old $46 billion sand and abrasives blasting markets, focused on surface cleaning, rust removal, corrosion control, de-painting and other laser-based industrial applications. Our new-generation laser blasting technologies and equipment address the health, safety, environmental and regulatory concerns associated with outdated methods, establishing Laser Photonics Corp. as an industry leader for industrial laser systems. Renowned manufacturers in sectors such as aerospace, automotive, defense, energy, industrial, maritime, space exploration and shipbuilding rely on our "unique-to-industry" systems. For more information, visit www.laserphotonics.com.

About Fonon Corporation
Fonon Corporation is a diversified industrial laser equipment company with a continuously growing umbrella of building-block technologies supported by patents, licenses, next-generation hardware and proprietary metal processing IP. The company is dedicated to advancing industrial technology and designing specialized 3D metal printing systems for manufacturing purposes, representing the fastest path to Manufacturing Readiness Level 10.

About Fonon Technologies
Fonon Technologies, a subsidiary of Fonon Corp., takes pride in marketing and promoting Fonon's innovative products specifically catered to meet the stringent requirements of government organizations, all branches of the U.S. military and defense contractors.

Cautionary Note Concerning Forward-Looking Statements
This press release contains forward-looking statements that are 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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