Why LASE Stock Has Surged Over 150% Today

• The company’s Laser Shield Anti-Drone system was selected under the MEIA Vulcan Call for Solutions, triggering a formal government technical evaluation process.
• Selection includes participation in a gated defense review session focused on validation, scalability, and mission fit, a key early-stage pipeline step, not a procurement order
• Despite clarification that no contract has been awarded, shares surged over 150% intraday.

Shares of Laser Photonics Corp (LASE) surged over 150% during Tuesday’s afternoon session after its anti-drone system was selected for a U.S. defense evaluation process.

The company said the move represents a technical review and not a booked order.

At the time of writing, LASE was trading up around 155%. 

Defense Evaluation Nod

Laser Photonics, along with affiliate Fonon Technologies, said Tuesday its Laser Shield Anti-Drone (LSAD) system has been selected for evaluation under the U.S. Department of War’s MEIA Vulcan Call for Solutions.

The system was listed among top submissions in the Counter C5ISR-T category following review by government technical teams.

“This selection by the Department of War validates the mission relevance and readiness of our LSAD directed-energy technology,” said Wayne Tupuola, chief executive officer of Laser Photonics. 

Next-Stage Technical Review

The company will now take part in a one-on-one technical exchange with U.S. defense engineers at an upcoming industry meeting.

The session will focus on validating the system’s performance, scalability and suitability for military applications. The MEIA program is a competitive process that can lead to further testing, prototyping, and development opportunities.

“Being recognized as a top submission and invited to a direct technical exchange with government engineers reinforces our confidence that the LSAD is well-positioned to address critical counter unmanned aerial system (UAS) capability gaps for our warfighters,” Tupuola added.

LASE Stock: What Retail Sentiment Says

Sentiment around LASE on Stocktwits turned in “extremely bullish” on Tuesday from “bearish” just a day ago. Message volumes were at “extremely high” levels and surged over 8,300% in the past seven days.

One bullish trader said LASE “looks too strong to quit yet,” calling it a multi-day runner that could easily hit $3 by the end of the day.

At the time of writing, LASE stock was trading at $2.32.

Another bullish trader said LASE could “surge” if the company actually secures the Department of War contract.

The LASE stock is down around 18.5% year-to-date. 

For updates and corrections, email newsroom[at]stocktwits[dot]com.