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IEX vs LASE

IDEX Corporation and Laser Photonics Corporation Common Stock

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IDEX Corporation

IDEX Corporation, together with its subsidiaries, provides applied solutions in the United States, rest of North America, Europe, Asia, and internationally. The company operates through three segments: Fluid & Metering Technologies (FMT), Health & Science Technologies (HST), and Fire & Safety/Diversified Products (FSDP). The FMT segment designs, produces, and distributes positive displacement pumps, valves, small volume provers, flow meters, injectors, and other fluid-handling pump modules and systems, as well as flow monitoring and other services for the general industrial, water and wastewater, energy, chemical, agriculture, semiconductor, and food and pharmaceutical industries. The HST segment designs, produces, and distributes precision fluidics, positive displacement pumps, powder and liquid processing technologies, drying systems, micro-precision components, pneumatic components and sealing solutions, moulded and extruded sealing components, shaft seals, engineered hygienic mixers and valves, biocompatible medical devices and implantable, air compressors and blowers, optical components and coatings, laboratory and commercial equipment, technical ceramics and hermetic sealing products, porous material structures, flow control solutions, and precision photonic solutions. This segment serves life sciences, general industrial, analytical instruments, semiconductor, food and pharmaceutical, energy, automotive, aerospace/defense, and medical/dental markets. The FSDP segment designs, produces, and distributes firefighting pumps, valves and controls, rescue tools, engineered stainless steel banding and clamping devices, lifting bags, other components and systems, and precision equipment for dispensing, metering, and mixing colorants and paints. This segment serves fire suppression, paint dispensing, rescue tools, automotive, general industrial, aerospace/defense, and energy markets. The company was incorporated in 1987 and is headquartered in Northbrook, Illinois.

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Laser Photonics Corporation Common Stock

Laser Photonics Corporation operates as a vertically integrated manufacturing company for photonics-based industrial products and solutions, comprising laser cleaning technologies. It offers laser cleaning systems, such as finishing lasers, conditioning lasers, roughening lasers, custom-built industrial laser systems, and continuous and pulsed wave laser cleaning machines; laser cutting systems, including fiber and CO2 laser cutting; and laser welding system comprising handheld laser welder, robot-operated laser welder, enclosed robotic workcell, and custom-built industrial laser systems. The company also provides laser marking systems, which include handheld systems for marking on-the-go and industrial laser systems; and laser engraving solutions. Its products are used in aviation, automotive, nuclear, maritime, defense, space, semiconductors, energy, and battery manufacturing industries. Laser Photonics Corporation was incorporated in 2019 and is based in Orlando, Florida.

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