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Veeco Announces $250 Million+ in Equipment Orders for Manufacturing Indium Phosphide Lasers

$VECOPress releaseMay 5, 2026, 4:03 PM ETRead the release

Veeco announced equipment orders exceeding $250 million from multiple customers for its Spector, Lumina and WaferEtch systems, which are used to manufacture Indium Phosphide lasers. The orders are driven by demand for 800G and 1.6T optical transceivers in hyperscale data centers, with deliveries beginning this year and accelerating in 2027.

Key figures

Deal Value Usd
250000000
Order backlog
$250 million+

AI analysis

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