Aehr Bags $1.4M Order For WaferPak Contactors Meant For EV Power Modules

Semiconductor equipment supplier Aehr Test Systems AEHR won orders worth $1.4 million for WaferPak Contactors from its lead silicon carbide customer for production test and burn-in of the customer's line of silicon carbide devices.
The orders include additional WaferPaks to meet the production capacity of previously designed and qualified WaferPaks and another new silicon carbide design win.
These orders accompany the June 1 order for an additional FOX-XP production test system and reflect their increased high volume production capacity needs.
This customer is a leading Fortune 500 supplier of semiconductor devices with a significant customer base in the automotive semiconductor market.
The order was to ensure the highest device quality for high volume production burn-in and infant mortality screening of silicon carbide devices at wafer level for electric vehicle power modules.
Price action: AEHR shares traded higher by 2.30% at $2.72 in the market session on the last check Tuesday.