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.
Defense Contract Drives After-Hours Rally
Path to Prototyping
Under the MEIA process, capabilities that progress beyond the technical exchange may be considered for additional prototyping, experimentation and transition support, according to the company.
CEO Wayne Tupuola said the selection “validates the mission relevance and readiness” of the directed-energy technology, adding the LSAD is “well-positioned to address critical counter-UAS capability gaps.”
Trading Metrics, Technical Analysis
Laser Photonics has a market capitalization of $78.69 million, a 52-week high of $6.77 and a 52-week low of $0.38.
The Relative Strength Index (RSI) of LASE stands at 88.12.
The small-cap stock has gained 2.54% over the past 12 months, but has popped 21% since 2026 began.
Currently, LASE is positioned at about 32% of its 52-week trading range, indicating that the stock is trading closer to its 52-week low than its high.
Price Action: The stock closed the regular session up 160.92% at $2.42, according to Benzinga Pro.
Benzinga’s Edge Stock Rankings indicate that LASE is experiencing short-term upward movement along with medium and long-term consolidation.
Photo Courtesy: Gorodenkoff on Shutterstock.com
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