SAN LUIS OBISPO, Calif. , June 2, 2021 /PRNewswire/ -- Global semiconductor technology and equipment firm Revasum, Inc. (ASX: RVS, 'Revasum' or 'the Company') is pleased to announce it has secured the first purchase order for two 6EZ Silicon Carbide (SiC) Polishers from a NASDAQ-listed major global semiconductor wafer manufacturer. The first tool will ship to the customer's European facility in August 2021 , followed by the delivery of a second tool during the first half of 2022. The customer is also forecasting requirements for additional tools during the 2022 fiscal year.
The 6EZ is the Company's flagship polisher, designed to process SiC substrates. The machine offers fully-automated cassette-to-cassette wafer handling, with an integrated cleaning module, allowing dry-in/dry-out operation. The equipment is easily configured to polish 150mm or 200mm SiC wafers, which enables maximum flexibility in addressing both increased global demand for 150mm wafers and the anticipated production ramp of 200mm wafers in the near future. Key SiC applications include autonomous and electric vehicles, 5G infrastructure, solar inverters, and power devices.
This order brings the total equipment backlog as of June 1st, 2021 to US$7.4 million . Other revenue backlog as of the same date is US$2.1 million . Backlog is defined as confirmed purchase orders that have not yet shipped.
Revasum Chief Financial and Operating Officer, Rebecca Shooter-Dodd , said: "We are excited to meet this important milestone of commercialization of the 6EZ Silicon Carbide Polisher. This order for two tools from a premier customer, with further demand forecasted, reflects the performance of and the confidence in our process, as they selected the 6EZ as the process of record for their production facilities. As the global demand for SiC wafers continues to increase, we are confident the 6EZ is well positioned to win significant market share. We are in advanced stages of engagement with numerous leading global semiconductor manufacturers, we have outstanding process results being achieved on the tool, and we have ample manufacturing capacity to meet future production requirements."
THIS ANNOUNCEMENT WAS AUTHORIZED FOR RELEASE BY THE CHIEF FINANCIAL AND OPERATING OFFICER
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About Revasum
Revasum (ARBN: 629 268 533) specializes in the design and manufacturing of equipment used for the global semiconductor industry. Revasum's equipment helps drive advanced manufacturing technology for critical growth markets, including automotive, IoT, and 5G. Our product portfolio includes state of the art equipment for the grinding, polishing, and chemical mechanical planarization processes used to manufacture devices for those key end markets. All of Revasum's equipment is designed and developed in close collaboration with our customers. Learn how we create the equipment that generates the technology of today and tomorrow, visit www.revasum.com .
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SOURCE Revasum, Inc.