Laser Focus World is an industry bedrock—first published in 1965 and still going strong. We publish original articles about cutting-edge advances in lasers, optics, photonics, sensors, and quantum technologies, as well as test and measurement, and the shift currently underway to usher in the photonic integrated circuits, optical interconnects, and copackaged electronics and photonics to deliver the speed and efficiency essential for data centers of the future.

Our 80,000 qualified print subscribers—and 130,000 12-month engaged online audience—trust us to dive in and provide original journalism you won’t find elsewhere covering key emerging areas such as laser-driven inertial confinement fusion, lasers in space, integrated photonics, chipscale lasers, LiDAR, metasurfaces, high-energy laser weaponry, photonic crystals, and quantum computing/sensors/communications. We cover the innovations driving these markets.

Laser Focus World is part of Endeavor Business Media, a division of EndeavorB2B.

Laser Focus World Membership

Never miss any articles, videos, podcasts, or webinars by signing up for membership access to Laser Focus World online. You can manage your preferences all in one place—and provide our editorial team with your valued feedback.

Magazine Subscription

Can you subscribe to receive our print issue for free? Yes, you sure can!

Newsletter Subscription

Laser Focus World newsletter subscription is free to qualified professionals:

The Daily Beam

Showcases the newest content from Laser Focus World, including photonics- and optics-based applications, components, research, and trends. (Daily)

Product Watch

The latest in products within the photonics industry. (9x per year)

Bio & Life Sciences Product Watch

The latest in products within the biophotonics industry. (4x per year)

Laser Processing Product Watch

The latest in products within the laser processing industry. (3x per year)

Get Published!

If you’d like to write an article for us, reach out with a short pitch to Sally Cole Johnson: [email protected]. We love to hear from you.

Photonics Hot List

Laser Focus World produces a video newscast that gives a peek into what’s happening in the world of photonics.

Following the Photons: A Photonics Podcast

Following the Photons: A Photonics Podcast dives deep into the fascinating world of photonics. Our weekly episodes feature interviews and discussions with industry and research experts, providing valuable perspectives on the issues, technologies, and trends shaping the photonics community.

Editorial Advisory Board

  • Professor Andrea M. Armani, University of Southern California
  • Ruti Ben-Shlomi, Ph.D., LightSolver
  • James Butler, Ph.D., Hamamatsu
  • Natalie Fardian-Melamed, Ph.D., Columbia University
  • Justin Sigley, Ph.D., AmeriCOM
  • Professor Birgit Stiller, Max Planck Institute for the Science of Light, and Leibniz University of Hannover
  • Professor Stephen Sweeney, University of Glasgow
  • Mohan Wang, Ph.D., University of Oxford
  • Professor Xuchen Wang, Harbin Engineering University
  • Professor Stefan Witte, Delft University of Technology

LifeQuest World Corp. Signs Letter of Intent to Acquire a Well-Established Solid Waste Management Company in the Pacific Northwest

Under the terms of the proposed transaction, LifeQuest will issue a total of 2,888,290 Series B Preferred Shares of LifeQuest and make a US$500,000 cash payment as consideration. The Series B Preferred Shares are convertible into 288,829,000 shares of common stock and carry voting rights on an as-converted basis.

Following the acquisition, Max Khan will continue in his role as President, CEO and Director of LifeQuest.

Strategic Rationale

The acquisition represents a significant milestone in LifeQuest’s growth strategy. By combining the nearly 50 years of leadership in the U.S. waste equipment sales and service market with LifeQuest’s international wastewater treatment business, LifeQuest aims to become a vertically integrated environmental solutions provider for wastewater and solid waste management.

The acquired company has a proven track record in the Pacific Northwest with a customer base exceeding 3,000 accounts, a growing trash and recycling chute installation division, and exclusive distribution rights for an innovative aerobic food waste bio-digester. This platform provides LifeQuest with a strong foundation for expansion in the U.S. solid waste management market.

This acquisition also complements LifeQuest’s international footprint in wastewater treatment qualified sale pipeline of circa $28 million across Africa, the Philippines and Southeast Asia.

About LifeQuest World Corp. (LQWC)

LifeQuest World Corp. (OTCID: LQWC) is a U.S.-based public company with a mission to become a leader in sustainable environmental technologies. The Company specializes in low-cost, low-maintenance, and eco-friendly decentralized wastewater treatment systems.

LifeQuest owns the world’s first biological wastewater treatment system (STP), which treats sewage wastewater inside a series of pipes and does not produce sludge, odor, and does not use continuously running pumps for aeration. The STPs have been installed in multiple countries, serving multifamily buildings, hospitals, hotels, municipalities, and industrial facilities.

LifeQuest is rapidly expanding its portfolio to include solutions for industrial effluents in textiles, tanneries, fisheries, dairy, and processed water industries. With this acquisition, LifeQuest will broaden its reach into the U.S. solid waste management sector and introduce its wastewater treatment system.

About the Acquired Company

Established in the 70s, this Pacific Northwest-based waste equipment business is a premier provider of industrial trash compactors, balers, and related solutions, with operations across Oregon, Washington, Idaho and Montana. The company is engaged in sales and service of waste handling equipment and rentals with more than 3,000 customers.

The company also operates a dedicated trash and linen chute installation division, having completed over $6.8 million in chute projects since 2020 and currently holding a signed contract pipeline of circa $1.6 million. Combined unaudited revenue and EBITDA for the year ending 2024 were $3,034,000 and $220,000, respectively.

Additionally, it also holds exclusive regional distribution rights for an aerobic food waste bio-digester, a cutting-edge technology that efficiently treats food waste on site.

Forward-Looking Statements Disclaimer

This press release contains “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995, including statements regarding the proposed acquisition, anticipated synergies, projected growth, and strategic plans of LifeQuest World Corp. Such statements are subject to numerous risks and uncertainties, many of which are beyond the Company’s control, which could cause actual results to differ materially from those anticipated. These risks include, but are not limited to: the ability to negotiate and execute definitive agreements, regulatory approvals, integration challenges, financing risks, and general business and market conditions. Readers are cautioned not to place undue reliance on forward-looking statements. Except as required by law, LifeQuest undertakes no obligation to update or revise any forward-looking statements to reflect subsequent events or circumstances. For a full discussion of these risks, please refer to LifeQuest’s filings with the U.S. Securities and Exchange Commission (SEC) and OTC Markets.

Contact
Investor Relations
LifeQuest World Corp.
www.lifequestcorp.com
info@lifequestcorp.com
646-201-5242

Stock Quote API & Stock News API supplied by www.cloudquote.io
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the following
Privacy Policy and Terms Of Service.