Aehr Receives $12.7 Million in Orders for FOX WaferPak(TM) Full Wafer Contactors to Support Production of Silicon Carbide Power Devices for Electric Vehicles
Rhea-AI Summary
Aehr Test Systems (NASDAQ:AEHR) has received $12.7 million in orders for multiple sets of WaferPak™ full wafer Contactors from a silicon carbide test and burn-in customer. These Contactors will be used for production of silicon carbide power semiconductors for electric vehicles. The WaferPaks are expected to be delivered over the next three months.
The orders highlight Aehr's ongoing partnership and the customer's need for wafer level burn-in and screening of new device designs. Aehr's proprietary WaferPak Contactors are unique to each customer's device design and adapt to changes in designs, wafer patterns, or sizes. The company remains enthusiastic about the silicon carbide market for electric vehicles, seeing it as a significant opportunity.
Positive
- Received $12.7 million in orders for WaferPak Contactors
- Orders to be delivered over the next three months, indicating near-term revenue
- Continued partnership with existing customer in the growing electric vehicle market
- Proprietary WaferPak technology adapts to customer's changing device designs
Negative
- None.
News Market Reaction
On the day this news was published, AEHR gained 22.39%, reflecting a significant positive market reaction.
Data tracked by StockTitan Argus on the day of publication.
FREMONT, CA / ACCESSWIRE / July 16, 2024 / Aehr Test Systems (NASDAQ:AEHR), a worldwide supplier of semiconductor test and burn-in equipment, today announced it has received
Gayn Erickson, President and CEO of Aehr Test Systems, commented, "We are excited about our continued partnership with this customer and to receive these orders to help them meet their needs for wafer level burn-in and screening of new device designs. Our proprietary WaferPak Contactors are unique to each end customer's device design and grow with the number of device designs and capacity needed for volume production of those devices. As these orders illustrate, as our customers win new designs from their customers or change device designs, wafer patterns or sizes, Aehr secures orders for new WaferPak Contactors to fulfill these design changes. We continue to be very enthusiastic about and actively engaged in the silicon carbide market for electric vehicles, which remains an enormous opportunity for Aehr, and are seeing more and more auto suppliers that are committed to silicon carbide in their electric vehicles."
FOX WaferPak Contactors are used in conjunction with the company's FOX-NP and FOX-XP wafer level test and burn-in systems to contact
The FOX-XP and FOX-NP systems and proprietary WaferPaks are capable of functional test and burn-in/cycling of silicon carbide and gallium nitride power semiconductors, silicon photonics integrated circuits as well as other optical devices, 2D and 3D sensors, flash memories, magnetic sensors, microcontrollers, and other leading-edge ICs in either wafer form factor before they are assembled into single or multi-die stacked packages, or in singulated die or module form factor.
About Aehr Test Systems
Headquartered in Fremont, California, Aehr Test Systems is a leading provider of test solutions for testing, burning-in, and stabilizing semiconductor devices in wafer level, singulated die, and package part form, and has installed thousands of systems worldwide. Increasing quality, reliability, safety, and security needs of semiconductors used across multiple applications, including electric vehicles, electric vehicle charging infrastructure, solar and wind power, computing, data and telecommunications infrastructure, and solid-state memory and storage, are driving additional test requirements, incremental capacity needs, and new opportunities for Aehr Test products and solutions. Aehr has developed and introduced several innovative products including the FOX-P™ families of test and burn-in systems and FOX WaferPak™ Aligner, FOX WaferPak Contactor, FOX DiePak® Carrier and FOX DiePak Loader. The FOX-XP and FOX-NP systems are full wafer contact and singulated die/module test and burn-in systems that can test, burn-in, and stabilize a wide range of devices such as leading-edge silicon carbide-based and other power semiconductors, 2D and 3D sensors used in mobile phones, tablets, and other computing devices, memory semiconductors, processors, microcontrollers, systems-on-a-chip, and photonics and integrated optical devices. The FOX-CP system is a low-cost single-wafer compact test solution for logic, memory and photonic devices and the newest addition to the FOX-P product family. The FOX WaferPak Contactor contains a unique full wafer contactor capable of testing wafers up to 300mm that enables IC manufacturers to perform test, burn-in, and stabilization of full wafers on the FOX-P systems. The FOX DiePak Carrier allows testing, burning in, and stabilization of singulated bare die and modules up to 1024 devices in parallel per DiePak on the FOX-NP and FOX-XP systems up to nine DiePaks at a time. For more information, please visit Aehr Test Systems' website at www.aehr.com.
Safe Harbor Statement
This press release contains certain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Forward-looking statements generally relate to future events or Aehr's future financial or operating performance. In some cases, you can identify forward-looking statements because they contain words such as "may," "will," "should," "expects," "plans," "anticipates," "going to," "could," "intends," "target," "projects," "contemplates," "believes," "estimates," "predicts," "potential," or "continue," or the negative of these words or other similar terms or expressions that concern Aehr's expectations, strategy, priorities, plans, or intentions. Forward-looking statements in this press release include, but are not limited to, future requirements and orders of Aehr's new and existing customers; bookings and revenue forecasted for proprietary WaferPak™ and DiePak consumables, as well as the ability to generate bookings and revenue from application of Aehr's solutions in emerging markets; Aehr's ability to receive orders and generate revenue in the future, as well as Aehr's beliefs regarding the factors impacting the foregoing; preliminary financial guidance for the full fiscal year 2024; and expectations related to long-term demand for Aehr's products, the attractiveness of key markets and the ability for AEHR to successfully enter new markets. The forward-looking statements contained in this press release are also subject to other risks and uncertainties, including those more fully described in Aehr's recent Form 10-K, 10-Q and other reports filed from time to time with the Securities and Exchange Commission. Aehr disclaims any obligation to update information contained in any forward-looking statement to reflect events or circumstances occurring after the date of this press release.
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Contacts:
Aehr Test Systems |
| MKR Investor Relations Inc. |
Vernon Rogers |
| Todd Kehrli or Jim Byers |
EVP of Sales & Marketing |
| Analyst/Investor Contact |
(510) 623-9400 x215 |
| (323) 468-2300 |
|
SOURCE: Aehr Test Systems
View the original press release on accesswire.com
FAQ
What is the value of the recent orders received by Aehr Test Systems (AEHR)?
What will the WaferPak Contactors be used for in relation to AEHR's customer?
When are the WaferPak Contactors ordered from AEHR expected to be delivered?
What market opportunity does Aehr Test Systems (AEHR) see as significant?
