Leader in Optics and Imaging Strengthens Capabilities with Precision Coating Technology and Additional Investments
BARRINGTON, N.J. and PLAINVIEW, N.Y., June 28, 2018 (GLOBE NEWSWIRE) -- Edmund Optics®, the world’s leading supplier of optical components, has ordered the SPECTOR® Ion Beam Sputtering System from Veeco Instruments Inc. (Nasdaq:VECO). The new capability is in support of Edmund Optics’ expanding portfolio of high quality laser optics for infrared, visible, and ultraviolet systems. Edmund Optics’ growing presence in the laser optics landscape builds on the company’s long history as a supplier of high quality imaging and photonics components. The SPECTOR platform represents Edmund Optics’ most recent financial and technical commitment to advancing state-of-the-art optics fabrication, adding to the company’s existing expertise in aspheric design and manufacturing, advanced optical metrology, and production of optics designed for high laser fluence applications.
“The SPECTOR platform gives us two essential elements: the best tool available to support precision and custom optical coatings, and the best partner to support our technical needs,” said Joel Bagwell, director of engineering and manufacturing technology at Edmund Optics. “Veeco fit the bill perfectly on both counts. The SPECTOR’s ability to create extremely high quality, high performance films is especially important for our laser optics coatings, and will help expand our portfolio to encompass new and emerging applications. As a company that holds customer service as our highest priority, we were also impressed with Veeco’s demonstrated track record of successfully supporting customers with global reach— the kind of service we provide to our customers and we seek from our suppliers.”
The SPECTOR ion beam sputtering platform offers exceptional layer thickness control, enhanced process stability, and the lowest published optical losses in the industry. The tool is engineered to improve key production parameters, such as target material utilization, optical endpoint control, and process time for cutting-edge optical coating applications. The SPECTOR platform, which is the preferred ion beam sputtering system in the industry, has been installed in more than 200 advanced manufacturing settings across the world. The system is consistently chosen by manufacturers for the qualitative advantages of ion beam sputtering technology—low scatter loss, high film purity, stable deposition rates, and film thickness control of less than 0.1nm.
“Edmund Optics is a premier provider of optical components, known for providing the highest quality products for the life sciences, biomedical, semiconductor, defense, and research and development markets,” said Adrian Devasahayam, Ph.D., vice president and general manager of advanced deposition and etch products at Veeco. “Their selection of Veeco’s SPECTOR ion beam sputtering system further demonstrates the platform’s flexibility to support a wide range of applications with unmatched control and precision.”
Optical coatings are valuable in a wide variety of commercial categories including telecom, defense, architecture, medical, solar, transportation, and industrial, as well as consumer categories including flat-screen TVs, computers, tablets, cell phones, and eyeglass coatings. According to BCC Research, the global market for optical coatings is expected to reach $14.2 billion in 2021, up from $9.5 billion in 2016. The commercial segment in particular is expected to grow from $5.4 billion in 2016 to $9.4 billion in 2021—demonstrating a five-year compound annual growth rate (CAGR) of 11.5 percent. Key drivers of this growth are emerging applications in commercial and consumer categories, as well as innovative coatings to improve existing applications.
Edmund Optics® is a leading supplier of optics, imaging, and photonics technology for the Life Sciences, Biomedical, Semiconductor, R&D, and Defense markets around the globe. EO designs and manufactures a wide array of multi-element lenses, lens coatings, imaging systems, and optomechanical equipment, while supporting OEM applications with volume production of both stock and custom products. EO’s state-of-the-art manufacturing capabilities, combined with its global distribution network, has earned it the position of the world’s largest supplier of off-the-shelf optical components. Customers can purchase items by calling 1-800-363-1992, via the catalog or the website at https://www.edmundoptics.com/.
Veeco (NASDAQ:VECO) is a leading manufacturer of innovative semiconductor process equipment. Our proven MOCVD, lithography, laser annealing, ion beam and single wafer etch and clean technologies play an integral role in producing LEDs for solid-state lighting and displays, and in the fabrication of advanced semiconductor devices. With equipment designed to maximize performance, yield and cost of ownership, Veeco holds technology leadership positions in all these served markets. To learn more about Veeco's innovative equipment and services, visit www.veeco.com.
|Edmund Optics Editorial Contact:||Edmund Optics Company Contact:|
|James Liolin||Michael Deal|
|Lion Associates||Edmund Optics, Inc.|
|Phone: 914-670-0138||Phone: 1-800-363-1992|
|email: email@example.com||email: firstname.lastname@example.org|
|Veeco Media Contact:||Veeco Investor Relations Contact:|
|David Pinto||Anthony Bencivenga|
A photo accompanying this announcement is available at http://www.globenewswire.com/NewsRoom/AttachmentNg/5f034a31-1fb8-4b5a-864c-a52ef4a83a2c
© 2018 GlobeNewswire, Inc. All Rights Reserved.