CVD Equipment Bags New Orders To Support 5G Wireless Technology, Battery Materials

CVD Equipment Corp CVV has received an order for a production Plasma Enhanced Chemical Vapor Deposition (PECVD) system valued at ~$1 million.
The PECVD200 system will be used to produce discrete semiconductor devices on 200 mm wafers to support 5G Wireless technology.
The company plans to deliver the system before the end of this calendar year.
CVD Equipment also received a CVD/ALD (Atomic Layer Deposition) system order from the Georgia Institute of Technology. Financial terms were not disclosed.
The system will be used to coat powders with high-performance nanomaterials for electric vehicle (EV) battery applications.
Price Action: CVV shares are trading higher by 5.15% at $4.60 on the last check Tuesday.