Amtech Systems announces $27 million in new solar orders

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31 March 2016, Nuclear, Solar, Wind

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Since the beginning of Amtech's fiscal year (October 1, 2015), solar orders now total approximately $50 million and the most recent solar orders include a repeat order for the Company's next generation diffusion systems. Including non-solar orders, the company has booked approximately $76 million in total orders since the start of its fiscal year.

Fokko Pentinga, CEO of Amtech, commented, "We are pleased that the strong level of solar bookings, which started in the December quarter, continued into the March quarter. We are seeing healthy quotation activity within our solar segment. With respect to our goal to have a diversified mix of revenues we are encouraged by the signs of some improvement we are now seeing in our electronics and LED businesses."

Source: MarketLine

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