Category Archive for : ‘Press Releases’

CENTRAL ISLIP, N.Y., (Business Wire) – April 26, 2022 – CVD Equipment Corporation (NASDAQ: CVV), a leading provider of chemical vapor deposition systems, announced today that it has received an order for nine (9) Physical Vapor Transport (PVT) systems. The systems will be used to grow Silicon Carbide (SiC) material which is subsequently processed into wafers to support high power electronics applications. The systems are scheduled to ship in the second half of 2022. This order is in addition to the order for 6 PVT tools that

CENTRAL ISLIP, N.Y., (Business Wire) – March 31, 2021 – CVD Equipment Corporation (NASDAQ: CVV), a leading provider of chemical vapor deposition systems and materials, today announced its fourth quarter 2021 financial results.

CVD fourth quarter 2021 revenue was $4.7 million as compared to $3.2 million in the fourth quarter of 2020, an increase of $1.5 million or 48.8%. CVD’s operating loss for each of the quarters ended December 31, 2021 and 2020 was $1.2 million and $5.4 million, respectively. Included in the operating loss for the

CENTRAL ISLIP, N.Y., (Business Wire) – March 29, 2022 – CVD Equipment Corporation (NASDAQ: CVV), a leading provider of chemical vapor deposition systems, today announced that it has received an order for a production Plasma Enhanced Chemical Vapor Deposition (PECVD) system valued at approximately $1M. This system PECVD200 will be used for the production of discrete semiconductor devices on 200 mm wafers to support 5G Wireless technology. CVD plans to deliver this system before the end of this calendar year.

The configurable cluster tool platform can

CENTRAL ISLIP, N.Y., (Business Wire) – March 29, 2022 – CVD Equipment Corporation (NASDAQ: CVV), a leading provider of chemical vapor deposition systems, today announced that it has received a CVD/ALD (Atomic Layer Deposition) system order from Georgia Institute of Technology. This system will be used to coat powders with high-performance nanomaterials for electric vehicle (EV) battery applications.

CVD Equipment plans to design and manufacture the system as a standard product platform to coat powders for Research and Development (R&D) which can be scaled for pilot production.