Better Health for All

Laser Photonics Corporation's products and services demonstrate some positive health impacts through their applications in the medical sector. The company is developing excimer laser systems for psoriasis treatment and Transmyocardial Revascularization (TMR) for coronary heart disease.

Its laser marking technology ensures permanent, sterile markings on medical devices, meeting FDA and UDI compliance, which improves traceability and safety. The company's CleanTech laser cleaning systems received FDA and CDRH approval (accessions 1911289-000 & 20R0078-000) and are positioned as a safer alternative to sand and abrasive blasting, highlighting health and safety benefits. The CleanTech line includes safety features such as integrated safety glass, door contact sensors, and keyed access control. The company is also accelerating R&D in laser cold marking technology for plastic medical devices, aiming to improve traceability and safety. However, there is no specific data on the percentage of the company's overall product portfolio or revenue that these health-related applications represent, making it difficult to quantify the net health effect against the rubric's percentage-based tiers. There is no specific data on the frequency or severity of user harm, recalls, or adverse events for the company's products. While the company highlights the health, safety, environmental, and regulatory benefits of its laser cleaning systems, there is no quantitative data on the scale of indirect health effects or mitigation efforts. The company's marketing materials mention compliance with FDA and UDI regulations for medical device marking, but there is no specific evidence regarding the clarity and honesty of disclosures about health risks and benefits for its broader product portfolio, nor specific R&D investment figures related to health improvement.

Fair Money & Economic Opportunity

Laser Photonics Corporation is a manufacturer and designer of industrial-grade laser systems and 3D metal printers.

The company's core business does not involve lending, insuring, moving, or storing money, nor does it offer consumer financial products or services. Therefore, all KPIs related to fair money and economic opportunity, such as underserved client share, pricing fairness, exploitative fee exposure, inclusion initiatives, data accessibility, fair lending compliance, wealth building outcomes, profit reinvestment in community finance, financial literacy initiatives, debt burden ratio, geographic inclusion, and product simplicity, are not applicable to its operations.

Fair Pay & Worker Respect

Employee reviews indicate an engagement score of 3.0 out of 5 stars, which is 60/100.

There have been four labor-rights infractions in the past three years, including multiple allegations of dishonesty from management and investors, and recruiting employees only to let them go shortly after. Less than 5% of employees receive employer-funded health coverage, with health insurance described as expensive and not viable for many, and no 401(k) or long-term retirement options offered.

No War, No Weapons

Less than 18% of the company's 2024 U.S. revenue was derived from government contracts, which are primarily defense-related.

This percentage is projected to increase to 25% in the next 12-24 months. The company has repeat orders from the U.S. Navy for DefenseTech systems and is engaged in early testing of a Laser Shield Anti-Drone System (LSAD).

Planet-Friendly Business

The company has no mentioned regulatory actions, violations, fines, or compliance issues.

Its products are FDA CDRH certified, and the company aligns with OSHA and EPA guidance.

Safe & Smart Tech

Laser Photonics Corporation requires annual cybersecurity training and compliance programs for its employees.

The company conducts application security assessments, vulnerability management, penetration testing, security audits, and ongoing risk assessments, as well as security testing including tabletop exercises. The company utilizes the NIST Cybersecurity Framework for its cybersecurity risk management program and mentions compliance with relevant regulations. The Board of Directors oversees the cybersecurity program, with the Audit Committee managing quarterly assessments and cybersecurity risks. The company's privacy policy states that users can refuse to provide personally identifiable information, which may limit website activities, and can configure browsers to refuse cookies. The amount of data collected depends on the user's interaction.