CVD Equipment Corporation Receives First Production System Order for Nanomaterials Used in Electric Vehicle Energy Storage
CENTRAL ISLIP, N.Y., (Business Wire) – August 12, 2021 – CVD Equipment Corporation (NASDAQ: CVV), a leading provider of chemical vapor deposition systems, announced today that it has received a production system order from a major, US based, electric vehicle battery material manufacturer for approximately $1.7M. The system is planned to ship to the customer in the first quarter of 2022.
Significant growth in electric vehicles sales is projected in the years to come. With next generation, lithium ion battery material development moving from research and development to production, we believe