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Amtech Systems Books Large Repeat Order Driven by EV Growth

Dr.Ev by Dr.Ev
11/30/2022
in Future EVs
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Amtech Methods, Inc. (NASDAQ: ASYS), a producer of capital gear, together with thermal processing and wafer sharpening, and associated consumables utilized in fabricating semiconductor gadgets, comparable to silicon carbide (SiC) and silicon energy gadgets, analog and discrete gadgets, digital assemblies and light-emitting diodes (LEDs), introduced in the present day the receipt of an order for 20 managed ambiance furnaces for manufacturing of Direct Bond Copper (DBC) substrates.

This press launch options multimedia. View the total launch right here: https://www.businesswire.com/news/home/20221130005982/en/

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Amtech Systems High Temperature Belt Furnace (Photo: Business Wire)

Amtech Methods Excessive Temperature Belt Furnace (Photograph: Enterprise Wire)

The repeat order was obtained by Amtech division, BTU Worldwide, for 20 managed ambiance furnaces for supply beginning within the second half of fiscal 2023. These steady furnaces will likely be used for the amount manufacturing of DBC substrates, a course of which requires excessive management of thermal uniformity and oxidation ambiance. The furnaces will likely be produced at BTU’s manufacturing unit within the USA and shipped to buyer areas in Asia. The DBC substrates produced by these furnaces will likely be used for energy system modules meant for electrical automobiles (EV).

“We’re seeing buyer demand associated to the scale-up of electrical automobiles throughout all of our divisions,” stated Michael Whang, CEO of Amtech Methods. “DBC is a know-how uniquely suited to warmth dissipation in energy modules — and BTU’s techniques have the superior course of management to provide DBC substrates reliably and at scale,” added Whang.

About Amtech Methods, Inc.

Amtech Methods, Inc. is a number one, world producer of capital gear, together with thermal processing and wafer sharpening, and associated consumables utilized in fabricating semiconductor gadgets, comparable to silicon carbide (SiC) and silicon energy gadgets, analog and discrete gadgets, digital assemblies and light-emitting diodes (LEDs). We promote these merchandise to semiconductor system and module producers worldwide, notably in Asia, North America and Europe. Our strategic focus is on semiconductor progress alternatives in energy electronics, sensors and analog gadgets leveraging our energy in our core competencies in thermal and substrate processing. We’re a market chief within the high-end energy chip market (SiC substrates, 300mm horizontal thermal reactor, and digital assemblies utilized in energy, RF, and different superior purposes), growing and supplying important gear and consumables used within the semiconductor trade. Amtech’s merchandise are acknowledged beneath the main model names BTU Worldwide, Bruce Applied sciences™, PR Hoffman™ and Intersurface Dynamics, Inc.

Cautionary Observe Concerning Ahead-Wanting Statements

Sure info contained on this press launch is forward-looking in nature. All statements on this press launch, or made by administration of Amtech Methods, Inc. and its subsidiaries (“Amtech”), apart from statements of historic truth, are hereby recognized as “forward-looking statements” (as such time period is outlined in Part 27A of the Securities Act of 1933, as amended, and Part 21E of the Securities Change Act of 1934, as amended, and the Personal Securities Litigation Reform Act of 1995). The forward-looking statements on this press launch relate solely to occasions or info as of the date on which the statements are made on this press launch. Examples of forward-looking statements embrace statements concerning Amtech’s future monetary outcomes, working outcomes, enterprise methods, projected prices, merchandise beneath improvement, aggressive positions, plans and targets of Amtech and its administration for future operations, efforts to enhance operational efficiencies and effectiveness and profitably develop our income, and enhancements to our applied sciences and enlargement of our product portfolio. In some instances, forward-looking statements will be recognized by terminology comparable to “might,” “plan,” “anticipate,” “search,” “will,” “anticipate,” “intend,” “estimate,” “consider,” “proceed,” “predict,” “potential,” “undertaking,” “ought to,” “would,” “might”, “doubtless,” “future,” “goal,” “forecast,” “purpose,” “observe,” and “technique” or the detrimental of those phrases or different comparable terminology used on this press launch or by our administration, that are meant to establish such forward-looking statements. These statements should not ensures of future efficiency and contain dangers, uncertainties and assumptions which might be troublesome to foretell. The Kind 10-Okay that Amtech filed with the Securities and Change Fee (the “SEC”) for the year-ended September 30, 2021, listed varied vital elements that would have an effect on the Firm’s future working outcomes and monetary situation and will trigger precise outcomes to vary materially from historic outcomes and expectations based mostly on forward-looking statements made on this doc or elsewhere by Amtech or on its behalf. These elements will be discovered beneath the heading “Danger Elements” within the Kind 10-Okay and in our subsequently filed Quarterly Experiences on Kind 10-Qs, and buyers ought to consult with them. As a result of it isn’t potential to foretell or establish all such elements, any such listing can’t be thought-about an entire set of all potential dangers or uncertainties. Besides as required by legislation, we undertake no obligation to publicly replace forward-looking statements, whether or not on account of new info, future occasions, or in any other case.

View supply model on businesswire.com: https://www.businesswire.com/news/home/20221130005982/en/



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