CVD Equipment reports 75% increase in 2021 orders to $21M, led by nano materials demand

CVD EQUIPMENT CORP

Orders exceeded $5M in Q4 2021 and $21M total for 2021, up 75% vs 2020.
CVD equipment segment grew 100% with 23 system orders in 2021.
Received two battery powder-coating orders, including a production system for OneD Battery Sciences.
Multi-system order from a US SiC wafer provider valued at ~$2M for high-power electronics.
CEO cites growth in nano materials and aerospace markets; expects 2022 order rate to continue.

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