Laser Photonics to acquire assets of Beamer Laser Marking Systems

Laser Photonics (LASE) Corporation will acquire Beamer Laser Marking Systems, a provider of industrial fiber and CO2 laser marking equipment for industrial applications including etching serial numbers, 2D barcodes and other permanent markings onto metal, plastic and composite parts. Beamer previously operated as the laser division of ARCH Cutting Tools. According to ARCH, Beamer generated between $3 million and $5 million in unaudited revenue annually between 2022 and 2024. The acquisition will become effective following NASDAQ’s 15-day review period of the transaction. Laser Photonics will acquire all assets related to Beamer from its parent company, Fonon Quantum Technologies, in an all stock transaction consisting of 3 million shares of LASE common stock and one warrant for 3 million shares of LASE common stock, with an exercise price of $4.34 per share. The deal includes: Beamer’s laser manufacturing equipment and inventory All customer contracts and open purchase orders All Beamer intellectual property, including proprietary designs and software Existing relationships with distributors and service partners Transfer of key personnel needed to fulfill orders and maintain continuity FQTI and Laser Photonics did not assume legacy liabilities. Only select active contracts necessary for ongoing operations were included.