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CVD Equipment Corporation Receives Additional Order for Ten PVT-150 Systems for Silicon Carbide Growth
CENTRAL ISLIP, N.Y.--(BUSINESS WIRE)-- CVD Equipment Corporation (NASDAQ: CVV), a leading provider of chemical vapor deposition systems, announced today that
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[{"type":"text","content":" CENTRAL ISLIP, N.Y.--(BUSINESS WIRE)--\nCVD Equipment Corporation (NASDAQ: CVV), a leading provider of chemical vapor deposition systems, announced today that it has received an additional order for ten (10) high performance PVT-150 systems. The systems will be used to grow 150 mm diameter monocrystalline silicon carbide (SiC) boules, which are subsequently processed into SiC wafers used in power electronics. The systems are scheduled for delivery in the first half of 2023.\n\nSiC power electronics allow for higher power density and greater efficiency than their silicon-based predecessors, enabling faster charging times and increased performance. The automotive industry is driving the uptake in SiC, given its reputation as a more efficient alternative to silicon. The adoption of SiC in electric vehicle inverters allows for greater efficiency, increasing range and/or reducing battery size. Additionally, SiC used in charging infrastructures allows for higher performance and faster charging, which has been an accelerating trend for the electric vehicle industry.\n\nAs the demand for SiC devices for high power electronics continues to increase for electric vehicles, energy, and industrial applications, Physical Vapor Transport (PVT) is the leading manufacturing method used to grow SiC boules for wafer production. CVD Equipment has expertly engineered PVT systems to support the production of high-quality SiC boules for high yield SiC wafers. Presently offering 150 mm crystal growth systems, we are committed to supporting the critical high volume production needs for the industry and further supporting the evolution to systems of 200 mm and above.\n\n“CVD Equipment Corporation is ramping-up our commercialization of the PVT systems to meet the growing needs of the High-Power electronics industry. Our 40 year legacy of developing process equipment and our vertical integration has positioned us as a leading manufacturer of high quality SiC PVT systems. Our sights are set to facilitate the industry’s growth and electrification of the future.” said Emmanuel Lakios, President, and CEO of CVD Equipment Corporation.\n\nAbout CVD Equipment Corporation\n\nCVD Equipment Corporation (NASDAQ: CVV) designs, develops, and manufactures a broad range of chemical vapor deposition, gas control, and other state-of-the-art equipment and process solutions...