Laserbond Ltd. engages in the reclamation and surface engineering of industrial components operating in severe environments and critical applications. The firm also provides thermal spraying, laser cladding, and welding technologies. It operates through the following business segments: Services, Product, Technology and Research & Development. The Services segment engages in reclamation or repair of worn components for end users, or the manufacture of products that do not incorporate LaserBond cladding applications. The Products segment engages in manufacture of products incorporating LaserBond cladding applications. The Technology segment engages in the sale of LaserBond cladding technology and associated licensing fees and consumables supply. The Research & Development segment engages in ongoing development of new or improved technology, applications and products. The company was founded by Gregory John Hooper on September 30, 1992 and headquartered in Smeaton Grange, Australia.