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CVD Equipment Corporation Receives $3.5M Follow On Chemical Vapor Infiltration System Order
CVD Equipment (NASDAQ: CVV) has secured a follow-on order for a production Chemical Vapor Infiltration (CVI) system valued at approximately $3.5 million. The system will be used to produce advanced materials for gas turbine engines, specifically Ceramic Matrix Composites (CMCs), which enable greater fuel efficiency due to their lighter weight and reduced cooling requirements compared to conventional nickel-based components. The company has expanded its 2024 product line with new CVI systems for CMCs, a second-generation silicon bond coat system, and an advanced ceramic matrix system.
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