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Revasum (ASX:RVS)- Chief Financial and Operating Officer, Rebecca Shooter Dodd - The Market Herald
Chief Financial and Operating Officer, Rebecca Shooter Dodd
Source: Revasum
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  • Global semiconductor technology and equipment firm Revasum (RVS) has secured its first purchase order for two 6EZ Silicon Carbide (SiC) polishers
  • The order will be shipped to a European facility of a NASDAQ-listed major global semiconductor manufacture
  • The first tool will be shipped in August, with the second machine shipped during the first half of 2022
  • Notably, this order will bring the company's total equipment backlog to US$7.4 million (around A$9.3 million)
  • On the market today, Revasum is up 18.3 per cent and is trading at 35.5 cents per share

Revasum (RVS) shares are up this morning after securing its first purchase order for two 6EZ Silicon Carbide (SiC) polishers.

6EZ is the company's flagship polisher, designed to process SiC substrates. The machine can polish 150mm-200mm SiC wafers.

The order will be shipped to a European facility of a NASDAQ-listed major global semiconductor manufacture.

Notably, the first tool will be shipped in August, with the second machine shipped during the first half of 2022.

The customer has also hinted that they might need additional tools during the 2022 financial year.

This order will bring the company's total equipment backlog to US$7.4 million (around A$9.3 million).

Chief Financial and Operating Officer Rebecca Shooter-Dodd is pleased to meet this important milestone for 6EZ.

"This order for two tools from a premier customer, with further demand forecasted, reflects the performance of and the confidence in our process, as they selected the 6EZ as the process of record for their production facilities," she said.

"As the global demand for SiC wafers continues to increase, we are confident
the 6EZ is well-positioned to win significant market share. We are in advanced stages of engagement with numerous leading global semiconductor manufacturers, we have outstanding process results being achieved on the tool, and we have ample manufacturing capacity to meet future production requirements," she added.

On the market today, Revasum is up 18.3 per cent and is trading at 35.5 cents per share at 11:40 am AEST.

RVS by the numbers
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