BTU International

Amtech Systems Receives Large Repeat Order for Advanced Packaging Reflow Systems

Retrieved on: 
Wednesday, March 15, 2023
Technology, Semiconductor, Multimedia, Silicon carbide, Artesunate/pyronaridine, System, Uncertainty, BTU International, EV, OSAT, Printed circuit board

View the full release here: https://www.businesswire.com/news/home/20230315005838/en/

Key Points: 
  • View the full release here: https://www.businesswire.com/news/home/20230315005838/en/
    Pyramax reflow oven used for advanced packaging applications.
  • (Photo: Business Wire)
    This order, valued at $1.8M, came from a leading OSAT customer of BTU International and will begin shipping this month through the third fiscal quarter of fiscal 2023.
  • With this, the total number of units ordered by this key customer is over 300.
  • “While the semiconductor industry is undergoing a period of uncertainty, we are encouraged by this recent order that serves the advanced computing market,” said Michael Whang, CEO of Amtech Systems.

Amtech Systems Books over $8M in High-Volume Thermal Systems for EV Supply Chain

Retrieved on: 
Wednesday, February 8, 2023
Alternative Vehicles, Fuels, Technology, EV, Electric Vehicles, Semiconductor, Automotive, Engineering, Manufacturing, Batteries, Hardware, Electronic Design Automation, Light-emitting diode, Silicon carbide, System, Multimedia, BTU, Calendar, BTU International, Silicon, Natural gas

These continuous furnaces will be used in applications including brazing and sintering for assemblies and substrates that are used in EV battery cooling and electronic controls.

Key Points: 
  • These continuous furnaces will be used in applications including brazing and sintering for assemblies and substrates that are used in EV battery cooling and electronic controls.
  • “Controlled atmosphere belt furnaces possess the unique ability to both keep thermal process conditions tightly controlled and consistent while producing extremely high volumes of product,” said Michael Whang, CEO of Amtech Systems.
  • “The fact that we are seeing these systems being used in so many critical applications for the EV supply chain is an indicator of the transition to volume production and scale for the industry.
  • BTU is uniquely suited for this opportunity with the existing customer base concentrated in the automotive supply chain,” added Whang.

Amtech Systems Books Large Repeat Order Driven by EV Growth

Retrieved on: 
Wednesday, November 30, 2022
Other Manufacturing, Hardware, EV, Electric Vehicles, Automotive, Technology, Automotive Manufacturing, Semiconductor, Manufacturing, Electronics, Nature, Light-emitting diode, Form 10-K, Multimedia, PR, EV, BTU International, Silicon, Security (finance), Silicon carbide, Risk, RF, Form, DBC, System, Ceramic

“We are seeing customer demand related to the scale-up of electric vehicles across all of our divisions,” said Michael Whang, CEO of Amtech Systems. “DBC is a technology uniquely suited for heat dissipation in power modules -- and BTU’s systems have the superior process control to produce DBC substrates reliably and at scale,” added Whang.

Key Points: 
  • View the full release here: https://www.businesswire.com/news/home/20221130005982/en/
    Amtech Systems High Temperature Belt Furnace (Photo: Business Wire)
    The repeat order was received by Amtech division, BTU International, for 20 controlled atmosphere furnaces for delivery starting in the second half of fiscal 2023.
  • The furnaces will be produced at BTUs factory in the USA and shipped to customer locations in Asia.
  • The DBC substrates produced by these furnaces will be used for power device modules intended for electric vehicles (EV).
  • We are seeing customer demand related to the scale-up of electric vehicles across all of our divisions, said Michael Whang, CEO of Amtech Systems.

Amtech Systems to Announce Fourth Quarter and Fiscal Year 2022 Financial Results on Wednesday, November 30, 2022

Retrieved on: 
Wednesday, November 16, 2022
Semiconductor, Engineering, Chemicals, Plastics, Technology, Manufacturing, Hardware, System, Calendar, Silicon, RF, Silicon carbide, Conference, Light-emitting diode, BTU International, Electronics, Customer service, PR, Webcast

The company will host a conference call to discuss these results at 5:00 pm ET on Wednesday, November 30, 2022.

Key Points: 
  • The company will host a conference call to discuss these results at 5:00 pm ET on Wednesday, November 30, 2022.
  • Michael Whang, Chief Executive Officer, Lisa Gibbs, Chief Financial Officer, and Paul Lancaster, Vice President, Sales and Customer Service, will provide an overview of the quarter, discuss current business conditions, and conduct a question-and-answer session.
  • A live webcast of the conference call will be available in the investor relations section of the Company's website at: https://www.amtechsystems.com/investors/events .
  • Amtech's products are recognized under the leading brand names BTU International, Bruce Technologies, PR Hoffman and Intersurface Dynamics, Inc
    View source version on businesswire.com: https://www.businesswire.com/news/home/20221116005603/en/

Amtech Systems Expands Leadership Team, Hires Vice President of Operations

Retrieved on: 
Thursday, September 1, 2022
Technology, Semiconductor, PR, Security (finance), Plant, Securities Exchange Act of 1934, A123 Systems, Securities Act of 1933, Digital, Light-emitting diode, RF, NASDAQ, Risk, BTU International, Silicon carbide, SEC, Manufacturing & Service Operations Management, Multimedia, U.S. Securities and Exchange Commission, Semiconductor, Digital Equipment Corporation, Company, Silicon, Form, Form 10-K, Texas Instruments, Alpha, Terminology, Private Securities Litigation Reform Act, Electronics, System, Nature, Mobile phone, Operation

View the full release here: https://www.businesswire.com/news/home/20220901005221/en/

Key Points: 
  • View the full release here: https://www.businesswire.com/news/home/20220901005221/en/
    Louis M. Golato, Vice President of Operations (Photo: Business Wire)
    Louis experience in scaling global operations will be a key success factor as Amtech scales our operations to address high-growth markets such as Silicon Carbide, where megatrends are driving historic levels of demand, said Michael Whang, Chief Executive Officer of Amtech Systems.
  • Mr. Golato has over thirty years experience in manufacturing and operations in the fields of alternative energy and semiconductor manufacturing.
  • Prior to joining Amtech Group, Mr. Golato was Vice President of Manufacturing and Operations at VionX Energy where he oversaw manufacturing, supply chain management and field installation for long duration grid batteries.
  • Prior to this, Mr. Golato was Vice President of Manufacturing at Stion Corporation and Vice President of Manufacturing at A123 Systems where he was responsible for the launching of multiple lithium-ion battery plants across the globe.

Amtech to Reschedule Third Quarter 2022 Earnings Call to August 15, 2022 and Reports Preliminary Revenue and Diluted EPS

Retrieved on: 
Wednesday, August 10, 2022
Semiconductor, Engineering, Chemicals, Plastics, Technology, Manufacturing, Other Manufacturing, Electronics, Silicon, System, Sale, PR, View, NASDAQ, Light-emitting diode, Silicon carbide, RF, BTU International

Amtech is pleased to announce that revenues for the third fiscal quarter ended June 30, 2022, are $20.0 million and net income per diluted share is $0.73, inclusive of the gain on the sale of its building in Billerica, Massachusetts.

Key Points: 
  • Amtech is pleased to announce that revenues for the third fiscal quarter ended June 30, 2022, are $20.0 million and net income per diluted share is $0.73, inclusive of the gain on the sale of its building in Billerica, Massachusetts.
  • We sell these products to semiconductor device and module manufacturers worldwide, particularly in Asia, North America and Europe.
  • Our strategic focus is on semiconductor growth opportunities in power electronics, sensors and analog devices leveraging our strength in our core competencies in thermal and substrate processing.
  • Amtech's products are recognized under the leading brand names BTU International, Bruce Technologies, PR Hoffman and Intersurface Dynamics, Inc.
    View source version on businesswire.com: https://www.businesswire.com/news/home/20220810005450/en/

Amtech Systems to Announce Fiscal Third Quarter 2022 Financial Results on Wednesday, August 10, 2022

Retrieved on: 
Thursday, July 28, 2022
Engineering, Semiconductor, Chemicals, Plastics, Technology, Manufacturing, Other Technology, Hardware, Light-emitting diode, View, Customer service, Investor relations, Electronics, Silicon, NASDAQ, Conference, Webcast, Calendar, System, Company, RF, PR, BTU International, Silicon carbide

The company will host a conference call to discuss these results at 5:00 pm ET on Wednesday, August 10, 2022.

Key Points: 
  • The company will host a conference call to discuss these results at 5:00 pm ET on Wednesday, August 10, 2022.
  • Michael Whang, Chief Executive Officer, Lisa Gibbs, Chief Financial Officer, and Paul Lancaster, Vice President, Sales and Customer Service, will provide an overview of the quarter, discuss current business conditions, and conduct a question-and-answer session.
  • A live webcast of the conference call will be available in the investor relations section of the Company's website at: https://www.amtechsystems.com/investors/events .
  • Amtech's products are recognized under the leading brand names BTU International, Bruce Technologies, PR Hoffman and Intersurface Dynamics, Inc.
    View source version on businesswire.com: https://www.businesswire.com/news/home/20220728005986/en/

Amtech Systems to Announce Second Quarter 2022 Financial Results on Wednesday, May 11, 2022

Retrieved on: 
Thursday, April 28, 2022
Technology, Hardware, Semiconductor, PR, Electronics, Silicon, RF, Conference, System, Company, BTU International, Silicon carbide, View, NASDAQ, Light-emitting diode, Ceramic

The company will host a conference call to discuss these results at 5:00 pm ET on Wednesday, May 11, 2022.

Key Points: 
  • The company will host a conference call to discuss these results at 5:00 pm ET on Wednesday, May 11, 2022.
  • Chief Executive Officer, Michael Whang and Chief Financial Officer, Lisa Gibbs will provide an overview of the quarter, discuss current business conditions, and conduct a question-and-answer session.
  • A live webcast of the conference call will be available in the investor relations section of the Company's website at: https://www.amtechsystems.com/investors/events .
  • Amtech's products are recognized under the leading brand names BTU International, Bruce Technologies, PR Hoffman and Intersurface Dynamics, Inc.
    View source version on businesswire.com: https://www.businesswire.com/news/home/20220428005002/en/

Amtech Systems Announces Date Change for First Quarter 2022 Financial Announcement and Conference Call

Retrieved on: 
Wednesday, February 2, 2022
Alternative Energy, Energy, Other Energy, RF, View, NASDAQ, Silicon carbide, Silicon, BTU International, System, Company, Electronics, Conference, PR, Light-emitting diode

The Company will now announce its first quarter 2022 financial results for the period ended December 31, 2021 on Monday, February 14, 2022 after market close.

Key Points: 
  • The Company will now announce its first quarter 2022 financial results for the period ended December 31, 2021 on Monday, February 14, 2022 after market close.
  • The company will host a conference call to discuss these results at 5:00 pm ET on Monday, February 14, 2022.
  • Chief Executive Officer Michael Whang and Chief Financial Officer Lisa Gibbs will provide an overview of the quarter, discuss current business conditions, and conduct a question-and-answer session.
  • A live webcast of the conference call will be available in the investor relations section of the Company's website at: https://www.amtechsystems.com/investors/events .

Amtech Systems Announces Date Change for First Quarter 2022 Financial Announcement and Conference Call

Retrieved on: 
Wednesday, February 2, 2022
Semiconductor, Engineering, Chemicals, Plastics, Technology, Manufacturing, Hardware, RF, View, NASDAQ, Silicon carbide, Silicon, BTU International, System, Company, Electronics, Conference, PR, Light-emitting diode

The Company will now announce its first quarter 2022 financial results for the period ended December 31, 2021 on Monday, February 14, 2022 after market close.

Key Points: 
  • The Company will now announce its first quarter 2022 financial results for the period ended December 31, 2021 on Monday, February 14, 2022 after market close.
  • The company will host a conference call to discuss these results at 5:00 pm ET on Monday, February 14, 2022.
  • Chief Executive Officer, Michael Whang and Chief Financial Officer, Lisa Gibbs will provide an overview of the quarter, discuss current business conditions, and conduct a question-and-answer session.
  • A live webcast of the conference call will be available in the investor relations section of the Company's website at: https://www.amtechsystems.com/investors/events .