Veeco Receives Multiple Lumina Systems Order from Leading Optical Communications Laser Manufacturer
PLAINVIEW, N.Y., Oct. 14, 2025 (GLOBE NEWSWIRE) -- Veeco Instruments Inc. (NASDAQ:VECO) today announced that a leading optical communications laser manufacturer placed an order for multiple Lumina™ metal organic chemical vapor deposition (MOCVD) systems. This order establishes Lumina™ as the customer's production tool of record for indium phosphide (InP) epitaxy on both 4-inch and 6-inch wafers. The tools will be used to fabricate InP lasers for use in innovative optical communication solutions for the datacom industry.
"Veeco continues making inroads into the rapidly growing laser market for advanced optical transceivers, which enable fast communication between the advanced processors that run increasingly complex AI workloads at hyperscale data centers," said Anil Vijayendran, Vice President of the MOCVD Product Line at Veeco. "The Lumina system's exceptional within-wafer and wafer-to-wafer uniformities, batch-to-batch repeatability, and overall reliability and ease-of-use are once again making a material difference in the InP laser industry."
Veeco's industry-leading MOCVD TurboDisc™ technology is at the heart of the Lumina system. It features excellent uniformity and low defectivity over long campaigns with no need for interruptions to clean the reactor, providing exceptional throughput, yield and flexibility. Veeco's proprietary technology also drives uniform injection and thermal control for excellent thickness and compositional uniformity. Providing a seamless wafer size transition, the Lumina can deposit high-quality InP epitaxial layers on wafers up to 6 inches in diameter.
According to Yole, the overall market for optical transceivers in the datacom industry is forecast to grow at a 13% CAGR from $8.1B in 2024 to $14.7B in 2029, fueled by the increase in AI intra-data center applications. As a key component of high-bandwidth optical transceivers, InP lasers are essential to meet the continually growing requirements of optical transceivers that will enable the growth of AI.
About Veeco
Veeco (NASDAQ:VECO) is an innovative manufacturer of semiconductor process equipment. Our laser annealing, ion beam, metal organic chemical vapor deposition (MOCVD), single wafer etch & clean and lithography technologies play an integral role in the fabrication and packaging of advanced semiconductor devices. With equipment designed to optimize performance, yield and cost of ownership, Veeco holds leading technology positions in the markets we serve. To learn more about Veeco's systems and service offerings, visit www.veeco.com.
To the extent that this news release discusses expectations or otherwise makes statements about the future, such statements are forward-looking and are subject to a number of risks and uncertainties that could cause actual results to differ materially from the statements made. These factors include the risks discussed in the Business Description and Management's Discussion and Analysis sections of Veeco's Annual Report on Form 10-K for the year ended December 31, 2024, and in our subsequent quarterly reports on Form 10-Q, current reports on Form 8-K and press releases. Veeco does not undertake any obligation to update any forward-looking statements to reflect future events or circumstances after the date of such statements.
Veeco Contacts:
Investor Relations: Alex Delacroix | (516) 528 1020 | [email protected]
Media: Brenden Wright | (410) 984-2610 | [email protected]
