CVD Equipment orders surge 73% in H1 2022 to $16.7M, driven by EV demand

CVD EQUIPMENT CORP

Orders for first half 2022: $16.7M vs $9.7M in H1 2021, a 73.2% increase.
Q2 2022 orders: $12.6M, up from ~$6M in Q2 2021.
Demand led by PVT-150 system for silicon carbide wafers used in EV power electronics.
20 CVD systems ordered in H1, with shipments planned for H2 2022 and into 2023.

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