Company Description
CVD Equipment Corporation (NASDAQ: CVV) operates in the semiconductor and related device manufacturing industry, with a focus on equipment and systems used to develop and manufacture advanced materials and coatings. According to the company’s disclosures, CVD Equipment Corporation designs, develops, and manufactures a broad range of chemical vapor deposition (CVD), thermal processing, and physical vapor transport (PVT) equipment, as well as gas and chemical delivery control systems and other process equipment. Its products are used in both production environments and in research and development centers in academic and corporate settings.
The company identifies several major target markets for its equipment and process solutions. These include aerospace and defense, where its systems are used for ceramic matrix composites (CMCs); high power electronics based on silicon carbide (SiC); and electric vehicle (EV) battery materials and energy storage, involving materials such as carbon nanotubes, graphene, and silicon nanowires. CVD Equipment Corporation also serves a range of industrial applications, including silicon carbide on graphite and other specialized coatings and materials processing.
Business segments and product focus
Based on company descriptions and prior disclosures, CVD Equipment Corporation’s operations have included distinct segments. The CVD Equipment segment manufactures and sells CVD, PVT, and similar equipment. The company has also referenced activities in CVD Materials and Stainless Design Concepts (SDC), as well as MesoScribe. In more recent communications, management highlights the CVD Equipment segment and the SDC segment, with SDC focused on gas delivery equipment and systems.
The company notes that its CVD Equipment segment has offered systems such as PVT150™ and PVT200™ silicon carbide crystal growth systems for SiC high power electronics, and CVD4000™ SiC coating reactor systems used to apply silicon carbide coatings on graphite components for industrial customers. In aerospace and defense markets, CVD Equipment Corporation describes key offerings including chemical vapor infiltration (CVI) systems used in the production of ceramic matrix composites for commercial jet engines and silicon bond coat systems for coating CMC components. For EV battery materials and energy storage applications, the company has discussed opportunities for its PowderCoat™ systems, which can be used in the production of advanced anode materials.
Target markets and applications
Across its communications, CVD Equipment Corporation emphasizes three key strategic markets: aerospace & defense, microelectronics / power electronics (including SiC high power electronics), and EV battery materials / energy storage. In aerospace and defense, the company points to demand for CVI systems and related equipment for ceramic matrix composites. In microelectronics and power electronics, it highlights silicon carbide crystal growth and coating systems that support the transition to higher performance SiC wafers, including 150 mm and 200 mm formats. In EV battery materials and energy storage, it focuses on process equipment used in the development and manufacture of materials such as carbon nanotubes, graphene, and silicon nanowires.
The company also notes that its systems are used in industrial applications, including silicon carbide on graphite and potential uses for the nuclear energy market, as well as other industrial coating and materials-processing needs. Orders and backlog disclosures indicate that both aerospace customers and industrial customers have been important drivers of system demand, while the SDC segment has experienced strong demand for gas delivery systems.
Application laboratory and customer collaboration
CVD Equipment Corporation describes an application laboratory that allows customers to bring their process tools to the company’s facility and work collaboratively with its scientists and engineers. According to the company, this laboratory setting is used to optimize process performance for customer applications. This collaborative approach is presented as a way for customers to refine processes for developing and manufacturing materials and coatings using the company’s equipment.
Recent operational themes
In recent earnings releases, CVD Equipment Corporation has discussed the dynamics of the markets it serves, including emerging growth markets such as SiC high power electronics and EV battery materials. Management has noted that order and revenue levels can fluctuate due to factors like changes in customer demand, tariff environments, and funding levels for certain customer groups, including universities. The company has also described strategic initiatives aimed at improving operational efficiency and aligning its cost structure with demand.
In a communication dated November 10, 2025, the company reported that its Board of Directors approved a transformation strategy intended to reduce fixed operating costs and make the organization more agile. A key element of this strategy involves transitioning the CVD Equipment business from vertically integrated fabrication to outsourced fabrication of certain components. The company also outlined a reduction in the CVD Equipment division’s workforce, a revised sales strategy that uses distributors and outside sales representatives alongside internal sales efforts, and the exploration of strategic alternatives for certain businesses and product lines, including potential sale or divestiture of assets or business lines. The company stated that its SDC division would not be impacted by the workforce reduction plan.
Management has repeatedly emphasized a focus on core competencies in engineering design, assembly, test, installation, and customer service, and has linked its long-term strategy to growing its presence across key markets where its technology can add value. The company has also reported ongoing investments in research and development and sales and marketing directed at its three key strategic markets.
Stock listing and corporate governance
CVD Equipment Corporation’s common stock trades on the NASDAQ under the ticker symbol CVV. The company is incorporated in New York, as indicated in its SEC filings. A definitive proxy statement on Schedule 14A filed on June 20, 2025 describes matters submitted to shareholders at the 2025 Annual Meeting, including the election of directors, ratification of the independent registered public accounting firm, and a non-binding advisory resolution on executive compensation. An accompanying Form 8-K dated August 12, 2025 reports the results of shareholder voting on these proposals.
Recent Form 8-K filings dated August 12, 2025 and November 10, 2025 also indicate that the company uses current reports to furnish press releases announcing its quarterly financial results. These filings reference the company’s periodic reports on Form 10-K and Form 10-Q for more detailed financial and operational information.
Use of SEC filings and financial information
CVD Equipment Corporation’s earnings releases refer readers to its Annual Report on Form 10-K and Quarterly Reports on Form 10-Q filed with the U.S. Securities and Exchange Commission for more comprehensive financial statements and risk factor disclosures. The company’s communications also note that certain statements may be forward-looking and subject to risks and uncertainties described in its SEC filings.
Investors researching CVV stock can review these filings to understand the company’s revenue composition across its segments, backlog trends, investments in research and development, and other financial metrics over time. The company’s disclosures also provide context on non-cash charges related to inventory valuation for certain products, gains on sales of equipment, and the closure of operations for its MesoScribe segment in 2024.
Summary
In summary, CVD Equipment Corporation is a NASDAQ-listed manufacturer of CVD, thermal processing, PVT, and gas and chemical delivery control systems, with a focus on equipment and process solutions for aerospace & defense, silicon carbide high power electronics, EV battery materials and energy storage, and industrial applications. Its products are used by industrial customers and in academic and corporate research and development settings. Through its application laboratory and ongoing product development, the company positions its equipment to support the development and manufacture of advanced materials and coatings in emerging and established markets.