LaserMax, Inc. Sells Commercial Business to Compass/Crosman
July 20, 2017 (Rochester, NY) – (ArmsVault.com) – LaserMax, Inc., the leading innovator in laser gunsights, including GuideRod Lasers, Uni-Max™ and Spartan™ series rail mount lasers, and GripSense™ Activation technology, has sold its commercial assets to Crosman Corporation, a subsidiary of Compass Diversified Holdings.
LaserMax, Inc. is a 28-year old technology company that specializes in hardening and miniaturizing laser and optical systems for hostile environments. In addition to commercial laser aiming solutions for the consumer personal protection market, it has a longstanding defense business (now dba LaserMaxDefense). The sale of its commercial assets will allow the LaserMaxDefense team to accelerate delivery of much needed defense technology to the warfighter.
“Our little commercial team has been a powerhouse of innovation that perfectly complements the more traditional capabilities of Crosman,” said Susan Houde-Walter, CEO of LaserMax, Inc. “Our LaserMaxDefense group will continue to leverage our unique advantages in out-of-band laser, beacon, and marker technologies on behalf of our defense and security customers”.
Now in its 28th year, LaserMax, Inc. is a leading innovator of premium laser systems with a growing portfolio of significant patents. Specializing in the design and manufacture of rugged and innovative firearm sighting solutions for military, law enforcement and commercial markets worldwide, the company also delivers premium laser products and optical systems for defense and large-scale manufacturing, including the semiconductor, aerospace, biomedical and telecommunications industries. LaserMax, Inc. is an ISO 9001:2008 certified, ITAR certified, and WOSB 8(m) certified Women- Owned Small Business, and has been recognized by Inc. 500|5000 as one of the fastest growing companies in the U.S.