
Business UpdateMay 5, 2026, 04:05 PM
Veeco Receives Over $250M in Orders for IBD, MOCVD, Wet Processing Systems
AI Summary
Veeco Instruments Inc. announced it received orders totaling over $250 million from multiple customers for its Spector® Ion Beam Deposition (IBD), Lumina® Metal Organic Chemical Vapor Deposition (MOCVD), and WaferEtch® Wet Processing systems. These orders are driven by momentum in silicon photonics, supporting the manufacturing of Indium Phosphide (InP) lasers, with deliveries beginning in 2026 and significantly accelerating in 2027. A substantial portion of the orders are for Spector® IBD from leading manufacturers of 800G and 1.6T optical transceivers for hyperscale data centers, underscoring Veeco's expanding role in the rapidly growing optical interconnect market.
Key Highlights
- Veeco received orders totaling over $250 million from multiple customers.
- Orders are for Spector® IBD, Lumina® MOCVD, and WaferEtch® Wet Processing systems.
- Deliveries are scheduled to begin in 2026 and significantly accelerate in 2027.
- A substantial portion of orders are for Spector® IBD systems.
- Orders support manufacturing of Indium Phosphide (InP) lasers.
- Systems are for 800G and 1.6T optical transceivers for hyperscale data centers.