QPC Lasers Wins $750,000 Contract from U.S. Defense Customer:
Fiber Laser Engines Designed for Specialized Airborne Weapons Applications
SYLMAR, CA, October 29, 2007 – QPC Lasers, Inc. “QPC” (OTCBB: QPCI), a world leader in the development and commercialization of high brightness, high power semiconductor lasers for the industrial, defense, and medical markets, today announced it has been awarded a $750,000 contract to deliver high power fiber laser pump engines for directed energy weapons applications from a U.S. Defense Customer. The award brings the total contracts from this customer to $1.75 million since April of this year.
The new contract allows QPC to increase the power from levels targeted in previous contracts and accelerates the development and delivery of high power laser prototypes for potential deployment on this customer’s platforms. The prototypes utilize QPC’s patented and proprietary semiconductor laser technologies that are designed to achieve a 10x reduction of cost, size, and weight compared to conventional laser technology.
“We are encouraged by this latest contract which further enables the refinement of our Generation III laser technologies for both military and commercial applications,” said George Lintz, co-founder and executive vice chairman of QPC. “As we continue our development and commercialization of these cost effective high power laser prototypes, we continue to expand the potential markets for our technologies and to identify potential new customers for this technology.”
The contract leverages three of QPC’s proprietary and patented technologies:
- Low cost, high power HPSEL™ chip technology which enables QPC to place hundreds of high-brightness surface emitting lasers onto a single chip which we believe will enable our products to achieve high power and brightness with a size, cost, and weight savings of more than 10x compared with conventional laser technologies.
- Rugged military fiber coupled module production capability designed for reliable operation in demanding military environments applications.
- BrightLase™ high power high brightness lasers which are designed to produce laser beams more than ten times brighter than conventional semiconductor lasers used in industrial and medical applications.
Purchase Orders and Contracts
The Company’s purchase orders and contracts are subject to standard commercial cancellation terms and conditions.
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About QPC Lasers, Inc.
QPC Lasers, Inc. (www.QPClasers.com) is a world leader in the development and commercialization of high-brightness, high-power semiconductor lasers for the defense, homeland security, industrial, and medical markets. Founded in the year 2000, QPC is vertically integrated from epitaxy through packaging and performs all critical fabrication processes at its state-of-the-art high-technology facility in the Los Angeles suburb of Sylmar, CA. QPC is a publicly traded U.S. company (OTCBB: QPCI) and is ISO certified.
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