Laser Photonics Corporation (NASDAQ:LASE) shares are trending on Wednesday.
LASE shares jumped 22.52% in after-hours trading to $2.96 on Tuesday after the company announced its Laser Shield Anti-Drone (LSAD) system was selected by the U.S. Department of War under the Mission Engineering and Integration Activity Vulcan Call for Solutions.
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Defense Contract Drives After-Hours Rally
The Orlando-based firm said the LSAD ranked among the top submissions in the Counter-Command, Control, Communications, Computers, Cyber, Intelligence, Surveillance, Reconnaissance and Targeting category, following a technical review by government mission engineers. The company has been invited to a one-on-one technical exchange with MEIA’s Missions, Capabilities, and Analysis Team (MCAT), a gated evaluation session focused on deep technical validation, scalability and mission alignment.
