davie--
The output specifications (and what you should see without anything connected) are as follows:
V range-- 0-5 V (TTL)
V output high-- 2.4 V at 15mA source
V output low-- 0.55 V at 10 mA sink
These spec. follow the standard for a TTL signal where the signal will vary between high and low. So in comparison to a low, where the signal is below 0.55 V, to be considered high the voltage simply must be above the 2.4 V level, which is high in comparison. You can read more about TTL specs at the following link:
http://ae.natinst.com/operations/ae/public.nsf/web/searchinternal/acb4bd7550c4374c86256bfb0067a4bd?OpenDocument
The reason that the signal drops to 1 V when connected to the laser is that the laser seems to be non-standard and is drawing more current.
Since, your laser seems to have a non-standard trigger requirement (non-TTL) your options are to use some kind of external circuitry to ensure that the laser gets the 5V it requires. Some options could be to use a relay or an operational amplifier (comparitor config) I think the latter would be the way to go. Although you will have to find out what exactly your laser is requiring in terms of volage and current and then make sure whatever you go with can supply the requirements.
If you have any questions, let us know. Thanks
John H.
Applications Engineer
National Instruments
http://www.ni.com/support