CVD Equipment Corporation · NASDAQ:CVV
CVD Equipment — Investor Presentation (2017)
27 slides from CVD Equipment's investor presentation, 2017
Slide 1: Corporate Overview Q2 2017
Corporate Overview Q2 2017 © 2017 CVD Equipment Corporation | All rights reserved enabling tomorrow’s technologies™
Slide 2: Safe Harbor Statement
Safe Harbor Statement Certain statements in the following presentation relate to future results that are forward looking statements as defined in the Private Securities Litigation Reform Act of 1995. Actual results may differ materially from those projected as a result of certain risks and uncertain
Slide 3: At a Glance
enabling tomorrow’s technologies™ At a Glance CVD Equipment Corporation is a We are at the cross roads of materials-driven NASDAQ:CVV markets and our unique capabilities enables leading deposition equipment and coating solutions supplier with us to capitalize on these opportunities. ongoing innovati
Slide 4: How we enable tomorrow's technologies
How we enable tomorrow’s technologies ✓ Innovation leader since 1982 ✓ Thin Films, Coatings, & Surface Modification ✓ Equipment Design & Development ✓ Production Scale Manufacturing ✓ Installation, Start-up and Operational Service ✓ Material Coating & Service Treatment ✓ Process Research & Developme
Slide 5: Vertically Integrated Capabilities
enabling tomorrow’s technologies™ Vertically Integrated Current Facilities Capabilities ✓ Vertically integrated design and manufacturing enables rapid • Integrated system design, engineering, and system development manufacturing ✓ We procure raw materials & components and deliver Headquarters finish
Slide 6: Driving to new heights
Driving to new heights ✓ Technology ✓ CVD Process Recipes ✓ Reactor Configuration Technology ✓ Chemical & Gas Delivery ✓ Material Handling ✓ Software Optimization ✓ Services ✓ Field Services and Equipment Support Services ✓ Laboratory Process Development ✓ Grant Assistance Collaborations ✓ Product C
Slide 7: Our Customers are…
Our Customers are… Innovators Market Leaders © 2017 CVD Equipment Corporation | All rights reserved enabling tomorrow’s technologies™
Slide 8: We Align Business Operations to Major Market Opportunities
We Align Business Operations to Major Market Opportunities Aerospace Ongoing growth opportunities with multi-year backlog Medical & Life Sciences Multi-equipment shipments, continued production phase, additional projects in incubation, and growing Tantaline® surface treatment opportunities Resea
Slide 9: Our Position in the Aerospace Industry
Our Position in the Aerospace Industry Leading Supplier of Next Generation Technology ✓~$70 million of equipment orders in 2016 and Q1 2017 ✓Multiple system were delivered between 2014 to 2017, strong backlog ✓CVD’s has established itself as the leader in CVD equipment to the aerospace industry © 20
Slide 10: Biomedical Applications & Market
Biomedical Applications & Market CVD equipment for biocompatible and biodegradable applications and services ✓Biodegradable implants have been the focus of research over recent years do not require a second surgery ✓Biocompatible Ta deposition and infiltration systems and functional coating services
Slide 11: Micro/Nano Electronic & MEMS
Micro/Nano Electronic & MEMS FirstNano® EasyTube® 2000 for R&D MOCVD and RTP CVD Equipment system for wafer processing processing with loadlock and multi- process cluster configuration FirstNano® EasyTube® 3000EXT wafer processing for R&D and pilot production. FirstNano® EasyTube® 6000 for multi-tub
Slide 12: Industrial Applications
Industrial Applications ✓ Tantaline CVD provides products and services for economical corrosion resistance across a broad range of industrial markets and applications. ✓ Global customer base includes world class leaders in chemical process, O&G, semiconductor and mining. ✓ Leverages CVD’s technical
Slide 13: Heading into the future
Heading into the future Leveraging know-how and expanding customer base to accelerate growth GAS & Tantalum PROCESS CHEMICAL Surface DEVELOPMENT DELIVERY Treatment SERVICES SYSTEMS Services 2017 1982 2001 2005 2013 Facilities Growth in Equipment Research Application 156,500 ft2 and Material Services
Slide 14: Our Company, Products, and Services
Our Company, Products, and Services Corporate Headquarters & Parent Company Acquisition Organic ® growth growth Develops and manufactures R&D systems for processing Ultra high purity (UHP) Our Tantaline® process/coating equipment graphene, carbon nanotubes, gas & chemical delivery treatment, creates
Slide 15: CVD Materials Corporation
CVD Materials Corporation Since 1993 Tantaline® treated products have ✓ Chemical Process gained broad appeal across a growing number A proven safe, durable, and economical alternative to specialty metal alloys of industries because of its unmatched for the most challenging corrosive environments. in
Slide 16: CVD Provides True Turnkey Solutions
CVD Provides True Turnkey Solutions Gas Panels Process Equipment Gas Abatement Exhaust Abatement © 2017 CVD Equipment Corporation | All rights reserved enabling tomorrow’s technologies™
Slide 17: Broad Equipment Product Line: FirstNano systems
Broad Equipment Product Line: FirstNano® systems for R&D through to pilot production EasyTube® 101 EasyTube® 2000 EasyTube® 3000 EasyTube® 3000EXT EasyTube® 6000 © 2017 CVD Equipment Corporation | All rights reserved enabling tomorrow’s technologies™
Slide 18: Broad Equipment Product Line: Pilot and volume production
Broad Equipment Product Line: Systems for pilot and volume production © 2017 CVD Equipment Corporation | All rights reserved enabling tomorrow’s technologies™
Slide 19: Broad Equipment Product Line: Automated cluster tool
Broad Equipment Product Line: Automated cluster tool with multi-wafer process technology Process Technologies: • Sputter Etch • PECVD • MOCVD • RTP • ALD Engineering Capabilities: ▪ Robotic Handling ▪ Dedicated Cluster Tool Controller ▪ Optional Loadlock Configurations: Cassette-to-Cassette / Single
Slide 20: Broad Equipment Product Line: Production MOCVD Reel-to-Reel
Broad Equipment Product Line: Production MOCVD Reel-to-Reel © 2017 CVD Equipment Corporation | All rights reserved enabling tomorrow’s technologies™
Slide 21: Broad Equipment Product Line: Advanced Industrial Manufacturing
Broad Equipment Product Line: Advanced Industrial Manufacturing © 2017 CVD Equipment Corporation | All rights reserved enabling tomorrow’s technologies™
Slide 22: Broad Equipment Product Line: Gas and chemical needs
Broad Equipment Product Line: A total solutions provider for your gas and chemical needs © 2017 CVD Equipment Corporation | All rights reserved enabling tomorrow’s technologies™
Slide 23: Vertical integration, process technologies, and design & fabrication expertise
Vertical integration, process technologies, and over 35 years of design & fabrication expertise…. enabling tomorrow’s technologies™ Automation ALD Crystal UHVCVD Software Growth And Cluster Tool Controls SAS CVI Design and Vacuum Exhaust Process Coating Fabrication Abatement RTP HTA Technologies Exp
Slide 24: Financials for Q2 2017
Financials for Q2 2017 © 2017 CVD Equipment Corporation | All rights reserved enabling tomorrow’s technologies™
Slide 25: Condensed Consolidated Statements of Operations
CVD Equipment Corporation and Subsidiaries Condensed Consolidated Statements of Operations (In thousands except per share information) Three Months Ended June 30 Six months Ended June 30 2017 2016 2017 2016 Revenue $10,830 3,744 $20,480 8,747 Gross profit 4,410 494 8,582 2,027 Operating expenses 2,5
Slide 26: Condensed Consolidated Balance Sheets (Assets)
CVD Equipment Corporation and Subsidiaries Condensed Consolidated Balance Sheets (In thousands) June 30, 2017 December 31, 2016 Assets Current assets: Cash and cash equivalents $21,477 $21,677 Accounts Receivable, net 1,852 608 Costs and estimated earnings in excess of billings on contracts in progr
Slide 27: Condensed Consolidated Balance Sheets (Liabilities and Equity)
CVD Equipment Corporation and Subsidiaries Condensed Consolidated Balance Sheets (In thousands) June 30, 2017 December 31, 2016 Liabilities and stockholders' equity Current liabilities: Accounts payable $1,173 $743 Accrued expenses and other current liabilities 2,122 1,943 Current portion of long-te