Veeco Ion Beam Etch Technology Achieves Milestone of 100,000 Grid Operation Minutes Without Failure

Veeco Instruments Inc. (Nasdaq: VECO) announced today that its NEXUS® Ion Beam Etch (IBE) system has achieved 100,000 operating minutes without failure during commercial production operation.

Veeco Ion Beam Etch Technology Achieves Milestone of 100,000 Grid Operation Minutes Without Failure

Dec 11, 2014

Plainview, N.Y., December 11, 2014 – Veeco Instruments Inc. (Nasdaq: VECO) announced today that its NEXUS® Ion Beam Etch (IBE) system has achieved 100,000 operating minutes without failure during commercial production operation.  This milestone demonstrates a fivefold increase in grid life, significantly improving total cost of ownership and reducing tool downtime.

The Veeco NEXUS IBE systems are used for many applications including the process of precisely etching metallic films to create the magnetic sensors used for a wide variety of mobile, automotive, MRAM, and hard disk drive devices.

“With this improved longevity, our customers do not need to perform preventive maintenance as frequently, resulting in increased tool utilization and decreased operating cost,” commented Tim Pratt, Senior Marketing Director of Veeco Advanced Deposition & Etch.  “As the leading manufacturer of production-proven ion beam technology equipment, we continue to earn the trust of our customers with focused R&D and products to solve their technical and commercial challenges.”

About Veeco Ion Beam Etch Technology
Veeco’s NEXUS IBE systems perform ion-based “milling” of a variety of materials.  Veeco has shipped over 300 ion beam etch modules for production use, making it the world’s leader in production-optimized ion beam etch technology.  Veeco supports low-cost manufacturing usage with long-life solutions and a full-service refurbishment program for consumable parts.

About Veeco
Veeco’s process equipment solutions enable the manufacture of LEDs, flexible OLED displays, power electronics, hard drives, MEMS and wireless chips.  We are the market leader in MOCVD, MBE, Ion Beam and other advanced thin film process technologies.  Our high performance systems drive innovation in energy efficiency, consumer electronics and network storage and allow our customers to maximize productivity and achieve lower cost of ownership.  For information on our company, products and worldwide service and support, please visit www.veeco.com.
# # #

Media Contact
Jeffrey Pina,
516-677-0200 x1222
jpina@veeco.com

Recent Posts

Veeco is the industry leader driving HDD manufacturing to new levels of productivity.

Veeco Announces Upcoming Investor Events

PLAINVIEW, N.Y., May 19, 2020 (GLOBE NEWSWIRE) — Veeco Instruments Inc. (NASDAQ: VECO) today announced that management…
Read more

Veeco Announces Pricing of Private Offering of $125 Million of 3.75% Convertible Senior Notes

PLAINVIEW, N.Y., May 14, 2020 (GLOBE NEWSWIRE) — Veeco Instruments Inc. (“Veeco”) (NASDAQ: VECO) announced today…
Read more

Veeco Announces Proposed Private Offering of $150 Million of Convertible Senior Notes

PLAINVIEW, N.Y., May 13, 2020 (GLOBE NEWSWIRE) — Veeco Instruments Inc. (“Veeco”) (NASDAQ: VECO) announced today…
Read more

Veeco Reports First Quarter 2020 Financial Results

First Quarter 2020 Highlights: Revenues of $104.5 million, compared with $99.4 million in the same…
Read more

Our team is ready to help