Veeco Instruments Receives Orders Totaling More Than $250M From Multiple Customers For Its Spector Ion Beam Deposition, Lumina Metal Organic Chemical Vapor Deposition And Its WaferEtch Wet Processing Systems
Benzinga Newsdesk 6 months ago
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Veeco Instruments Inc. (NASDAQ:VECO) today announced that it received orders totaling more than $250 million from multiple customers for its Spector® Ion Beam Deposition (IBD), Lumina® Metal Organic
Veeco Instruments Inc. (NASDAQ:VECO) today announced that it received orders totaling more than $250 million from multiple customers for its Spector® Ion Beam Deposition (IBD), Lumina® Metal Organic Chemical Vapor Deposition (MOCVD) and its WaferEtch® Wet Processing systems. These orders, driven by momentum in silicon photonics, support the manufacturing of Indium Phosphide (InP) lasers, with deliveries beginning in 2026 and significantly accelerating in 2027.