Laser Photonics founder takes over principal executive role
Laser Photonics appointed founder Dmitri Nikitin as Executive Chairman and principal executive officer on October 16, 2026. He is taking over the duties previously held by CEO Wayne Tupuola, who left the role effective October 13, 2026. Nikitin has more than 35 years of laser-technology experience and identified the Laser Shield Anti-Drone platform, engineering, sales, and business integration as initial priorities.
Why it matters
The leadership change places both board-chair and principal executive responsibilities with Nikitin while Laser Photonics pursues defense and semiconductor applications. Nikitin said the company intends to use its laser systems to address drone defense and U.S. military manufacturing needs.
Key facts
- 1Dmitri Nikitin was named Executive Chairman and principal executive officer of Laser Photonics. stocktitan.net
- 2Wayne Tupuola resigned as CEO effective October 13, 2026, and the company does not currently intend to appoint a separate CEO. stocktitan.net
- 3Nikitin brings more than 35 years of laser-technology experience. stocktitan.net
- 4Nikitin's stated initial priorities include the Laser Shield Anti-Drone platform, engineering capabilities, sales and marketing, and integration of prior acquisitions and product lines. stocktitan.net
Open questions
- The reported reason for Wayne Tupuola's departure differs: material 1 says medical reasons, while material 4 says personal reasons.
- Only material 4 reports Nikitin's appointment as effective October 12, 2026; material 1 announces the appointment on October 16, 2026 without giving an appointment effective date.
Summary written by AlphAI AI Desk from 4 of 4 sources. Not investment advice. Figures are as stated by the linked sources.