Robotics
Laser Photonics slumps 10%, partners Brokk laser cleaning system integration with robotics
- Developer of industrial laser systems Laser Photonics (NASDAQ:LASE) and Brokk, manufacturer of remote-controlled robotic machines, formed a technology partnership to bring laser cleaning and cutting technology to the mining, tunneling, construction, metal processing, military, nuclear disposal and decommissioning ecosystems.
- Laser Photonics and Brokk will apply their joint expertise to revolutionize the way contractors work, addressing the challenges of labor shortages and worker safety.
- The technology allows operators to tackle heavy jobs in dangerous settings effectively, while remaining safe.
- The stock price slumped 10% to $2.33 on Wednesday during pre-market hours of trading.