CVD Equipment, a company that designs and manufactures graphene, semiconductors, carbon nanotubes, MEMS, nanowires, and industrial coatings, received orders of nearly $24.6M for the first six months of 2011.
The company received orders for $9.3M for the first six months of 2010. The company has got new orders of nearly $8.4M for the three months of 2011. It achieved the highest record of orders for the quarter ended on June 30. The company received orders of $40.4M for 12 months ended on June 30, 2011. It received $13.8M for the 12 months ended on June 30, 2010.
The CVD/FN division received orders worth $22.0M for the 6 months of 2011, which is an increase of 195% in comparison to $7.4M for the same time period in the previous year. There is increased demand for chemical vapor deposition (CVD) devices for research and manufacturing purposes as it delivers high-performance in aerospace, solar, LEDs, energy, and research and development for advanced technology in numerous applications. The CVD/FN division receives orders owing to the increase in demand around the world for CVD equipment.
The huge demand for energy saving products and materials that lower environmental and energy costs generates a great market for manufacturing techniques with thin film coatings and nanotechnology on wafers, glass, and substrates. These fields will pave the way for environmentally safe power generation and power savings.