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LASE Corp. adds Tim Peterman and Sanjay Adhav to board

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NDAQ:LASE
09 November 2026 17:36 (EST)

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Key Highlights

LASE Corp. (NASDAQ: LASE) appointed two new directors to its Board of Directors, naming Chief Financial Officer Tim Peterman and Sanjay Adhav, President of Quantum Technology, Inc., with the appointments effective November 3, 2026.

The company said the two appointments fill existing vacancies on the board.

This article is a journalistic opinion piece which has been written based on independent research. It is intended to inform investors and should not be taken as a recommendation or financial advice.

In a statement included in the release, Executive Chairman Dmitri Nikitin said Peterman brings experience in Nasdaq governance, Securities and Exchange Commission compliance, capital markets, mergers and acquisitions, and shareholder accountability.

According to the company, Peterman has more than three decades of leadership and board experience across publicly traded technology, media and telecommunications companies. The release said he previously served as Chief Executive Officer of iMedia Brands, Inc. from 2019 to 2023 and as a Director from 2020 to 2023, after serving as its Chief Financial Officer from 2015 to 2018. The company also listed prior senior finance roles at The E.W. Scripps Company, IAC/InterActiveCorp and The Tribune Company, and said he began his career at KPMG in Chicago.

LASE also appointed Adhav, who the company said has more than four decades of experience in the design and manufacture of patented quantum components based on non-linear crystals and Pockels effects. The release said Adhav has served as President of Quantum Technology, Inc. since 2013, and described that company as a developer and manufacturer of electro-optical devices used in advanced directed-energy systems.

The company said Adhavs experience is relevant to its directed-energy platform, Quantum Bullet anti-drone platform, and referenced components including Pockels cells, Q-switches, pulse isolators, high-voltage drivers and amplifiers.

LASE describes itself as an emerging laser technology company developing quantum mechanics applications for defense, pharmaceutical, semiconductor and industrial markets.

The original press release is available on stockhouse.com

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