Amtech Receives Sizeable Technology Grant from Dutch Government for Solar R&D Projects
Amtech Systems, Inc. (NASDAQ: ASYS), a global supplier of production and automation systems and related supplies for the manufacture of solar cells, semiconductors, and silicon wafers, today announced that its solar subsidiary, Tempress Systems, Inc.®, recently received a $500,000 technology grant from the Dutch government for solar research and development.
The Grant was obtained jointly with one of Tempress' European solar research partners, and will be used for developing a process method to improve solar energy conversion efficiency rate.
J.S. Whang, President and Chief Executive Officer of Amtech, commented, “This grant from the Dutch government is the latest in a series of recent Company business developments that demonstrate our growing technology expertise in the front-end manufacturing of solar cells. We continue to be optimistic about the long-term growth opportunities in the solar market and our ability to capture that growth by offering multiple solar production tools and becoming a technology turnkey product supplier to the diffusion, PSG, and PECVD markets.”
SOURCE: Amtech Systems, Inc.
