Shares of industrial laser systems developer Laser Photonics Corporation ( LASE ) are trading higher on Tuesday.

The company has received a significant order from Rocket Lab USA, Inc ( RKLB )., a provider of space systems and launch services.

Rocket Lab plans to utilize LPC’s MarkStar Pro handheld laser (MSIM-1020) to streamline its supply chain, verifying the authenticity of critical components and improving the dependability of its space missions.

The laser’s durable design allows it to mark curved, textured, and metallic surfaces, making it versatile across industries.

“In the pursuit of space exploration, precision is paramount,” said LPC Executive Vice President John Armstrong. “This collaboration equips Rocket Lab with tools to efficiently manage their critical inventory, safeguard against counterfeiting, and provide unparalleled traceability across their intricate supply chains.”

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“We’re excited that Rocket Lab has chosen our MarkStar technology, and we see this as a step toward a future where every asset, from launch to return, is seamlessly traceable, helping ensure mission safety and integrity.”

Laser Photonics ( LASE ) has been broadening its footprint in the automotive, transportation, and aviation industries, with this new partnership signaling its foray into the aerospace sector.

Laser Photonics ( LASE ) provides a variety of industrial laser systems designed to address a wide array of operational requirements, including mobility and production line compatibility.

Featuring an easy-to-use interface and adaptable data input options, these systems ensure smooth integration into factories, production lines, and field settings.

Price Action: LASE shares traded higher by 2.12% at $3.37 at last check Tuesday.

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