A laser blanking device for rapid speed cutting of a strip of material from a coil stock, said device comprising: - a conveyor being a moveable, continuous conveyor forming a recurring loop along said longitudinal axis, and - at least two laser heads positioned on corresponding support members, said support members comprise moveable gantries (22, 24) supported above said conveyor, each of said gantries is capable of moving at least a limited length along the longitudinal axis while said strip moves along said conveyor; wherein one of said at least two laser heads is suspended on each of said gantries, each of said laser heads is capable of moving along said corresponding gantry along an axis transverse to said longitudinal axis; wherein said laser blanking device is capable of performing multiple laser cutting operations on the moving strip of the coil stock fed along said conveyor, characterized in that: - an entry pinch roll assembly positioned at a first end of a conveyor support frame having a longitudinal axis, - a second pinch roll assembly at a second opposed end of said conveyor support frame; - a pair of opposed pinch rollers positioned adjacent and cooperating with each of said pinch roll assemblies, said pair of pinch rollers being configured to capture and apply tension to a moving strip of the coil stock traveling there between, wherein each said pinch roller being configured to continually feed the moving strip along said conveyor while the laser heads each moves along multiple axes transverse or parallel to said longitudinal axis to progressively cut portions of a blank from the material strip, a first of said gantries is situated between said entry pinch roll assembly and said second pinch roll assembly, and said second pinch roll assembly is positioned between said first gantry and a second gantry, and in that the device further comprises a controller adapted to communicate with, provide operating parameters to and control the movements of said conveyer, said pinch rollers, said gantries and said laser heads such that: - each pinch roller rotates at a velocity substantially equal to a velocity of travel of said conveyor; - said gantries move at a velocity of up to at least twice the velocity of said conveyor, and - the laser head at the second gantry completely separates a blank or cut-out (20, 220, 221) from the moving strip. - a conveyor being a moveable, continuous conveyor forming a recurring loop along said longitudinal axis, and - at least two laser heads positioned on corresponding support members, - an entry pinch roll assembly positioned at a first end of a conveyor support frame having a longitudinal axis, - a second pinch roll assembly at a second opposed end of said conveyor support frame; - a pair of opposed pinch rollers positioned adjacent and cooperating with each of said pinch roll assemblies, said pair of pinch rollers being configured to capture and apply tension to a moving strip of the coil stock traveling there between, - each pinch roller rotates at a velocity substantially equal to a velocity of travel of said conveyor; - said gantries move at a velocity of up to at least twice the velocity of said conveyor, and - the laser head at the second gantry completely separates a blank or cut-out (20, 220, 221) from the moving strip.