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July 10, 2015

Laserax concludes new $1.2 M financing round

SOVAR, a Laserax collaborator for over 3 years, wishes to announce that the young company has recently concluded a new financing round totalling $1.2 M. This investment will allow Laserax to accelerate the development and commercialization of a new laser marking and metal traceability solution particularly for the aluminium sector.

This financial support will help Laserax export its marking technology to international markets with the goal of becoming a leader in the field of industrial laser traceability.

For additional information, please link to this news release (in French):
http://www.newswire.ca/fr/releases/archive/July2015/09/c1908.html

About Laserax

Laserax’s mission is to be the reference in laser materials processing engineering. More specifically, the company markets solutions for the following industry sectors: metals, polymers, wood, textiles, packaging and food. Laserax designs innovative laser systems for marking, cutting and welding to fulfil the needs of a diverse customer base. The company also offers its expertise for feasibility studies, industrial integration of laser technologies and laser safety.
For further information on Laserax, please visit their http://www.laserax.com/en.