CVD Equipment Corporation, a leading provider of chemical vapor deposition and thermal process equipment, continue their growth with their latest report announcing that orders for the second quarter of 2022 exceed $12.6m.

This Q2 taking has increased by $6.6m for the same period in 2021, when the company took orders of $6m.

CVD took orders of $16.7m for the first half of 2022 compared to $9.7 million in the same period of 2021, yielding an increase of 73.2% in the first half of 2022 over 2021.

The New York based company attribute their orders to strong demand for the PVT-150, a system developed to support the manufacturing of Silicon Carbide wafers used in high power electronics for EV charging & power transmission.

Emmanuel Lakios, President and CEO, said, “Our focus in 2022 is on applications that support electric vehicles and more broadly the electrification of everything, while sustaining our presence and support of our aerospace applications.”

CVD also state that the need for nanotechnology materials such as carbon nanotubes/fibres, nanomaterials on powder and superconducting tape have contributed to the growth.

“We are encouraged and pleased with the response of the market place to our products, technologies and services.”