CVD Equipment Corp., a leading chemical vapor deposition systems supplier, has reportedly announced a new production system order from a United States-based, major electric vehicle battery material producer for around USD 1.7 million. The system is slated to be provided to the consumers in the first quarter of 2022.
Substantial growth in the sales of electric vehicles is predicted over the years. With the development of next-gen lithium-ion battery material moving from R&D to production, the company is aiming to take advantage of the growing demand for silicon nanowires (Si-NWs), carbon nanofibers (CNFs), carbon nanotubes (CNTs), and other nanotech materials. These materials allow increased charge speed and energy density along with reducing the per kWh cost.
Chemical vapor deposition is a crucial manufacturing process to produce these novel battery materials. CVD Equipment has a long history of over two decades in manufacturing and designing CVD tools to drive advancements in nanotech materials.
The President and Chief Executive Officer of CVD Equipment Corporation, Emmanuel Lakios, apparently commented that the company is delighted to obtain this order. It showcases the company’s strategic direction of producing equipment for materials in the high-growth market of nanotech materials. The company looks forward to proliferating its market footprint in these green tech emerging markets.
For the record, CVD Equipment Corp. designs, develops and produces a wide range of gas control, chemical vapor deposition, and other advanced process and equipment solutions used for developing and manufacturing materials and coatings for industrial and research applications.
This equipment is utilized by its consumers to design, research, and produce these coatings and materials for aerospace engine components, semiconductors, medical implants, smart glass, solar cells, nanowires, carbon nanotubes, MEMS, LEDs, and other applications.
Using its application lab, the company offers process startup assistance and process development support with an emphasis on enabling future technologies.