CAMT - Camtek secures $18M order for multiple systems from global Compound Semiconductors manufacturer
- Camtek ( NASDAQ: CAMT ) received a multiple systems' order from a leading global Compound Semiconductors manufacturer totaling $18M.
- The order is for company's latest Eagle model, equipped with cutting-edge inspection technologies and designed with advanced capabilities developed specifically for this market segment.
- The Eagle systems are expected to be delivered starting from the second quarter of 2023 through early 2024.
- Rafi Amit, CEO, commented, "This is an excellent start to 2023. The compound semiconductors market is expected to present strong growth in the coming years fueled by the automotive industry and other applications. This order demonstrates our competitive position and technology leadership in this segment."
- Stock up 2% pre-market.
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Camtek secures $18M order for multiple systems from global Compound Semiconductors manufacturer