CVD Equipment Corporation (Nasdaq: CVV) announced that it has received an order exceeding $2.5 million from a major aviation component supplier for multiple production thin film CVD coating systems.
CVD continues to benefit from the increased demand for products that generate or save energy and we anticipate that this trend will continue to increase demand for our products and services for many years to come.
The large demand for energy savings, energy generation materials and products needed to address rising energy and environmental costs creates a growing demand for manufacturing solutions using nanotechnology and thin film coatings on glass, wafers and other substrates or materials. Using our Application Laboratory, we continue to perfect and expand the multiple areas where our process solutions can be applied. The solar, energy and nanotechnology markets offer significant growth opportunities for our technologies because they deliver favorable performance and cost benefits. These fields will benefit further from a renewed drive for energy savings and ecologically safe energy generation.
It is gratifying to see that our strategy of accelerating the commercialization of tomorrow’s technologies is being recognized by technology innovators with the financial acumen and resources to transition their research and development into production. When we collaborate with technology innovators, our equipment design and manufacturing skills along with our understanding of complex system integration and hardware/process interactions enable a lower risk, higher value equipment and process solution - a winning situation for all parties.