Camtek Receives an $18 Million Order for Multiple Systems from a Leading Global Compound Semiconductors Manufacturer
Demonstrates Camtek’s leadership position in the compound semi market
MIGDAL HAEMEK, Israel – January 11, 2023 – Camtek Ltd. (NASDAQ: CAMT; TASE: CAMT), today announced that it received a multiple systems’ order from a leading global Compound Semiconductors manufacturer totaling $18 million.
The order is for Camtek’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, Chief Executive Officer, 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.”