Axcelis Announces Shipments of 'Purion Dragon' and 'Purion XEmax'

Rhea-AI Summary

Axcelis Technologies (Nasdaq: ACLS) announced the shipment of its third Purion Dragon™ system to a leading memory manufacturer for DRAM applications, and the first Purion XEmax™ system to a CMOS image sensor maker. Both shipments occurred in Q2 and reflect the company's focus on market segmentation and technology innovation. CEO Mary Puma highlighted these developments as key to reaching their growth targets of $550M to $650M. The Purion Dragon™ targets advanced memory and logic applications, while the Purion XEmax™ is designed for high-performance image sensor applications, enhancing photodiode performance.

Positive

• Successful shipment of third Purion Dragon™ system to a memory manufacturer.
• First Purion XEmax™ system shipped to a CMOS image sensor manufacturer, indicating expansion into new markets.
• CEO highlights potential growth, aiming for business targets of $550M to $650M.

Negative

• None.

BEVERLY, Mass., June 17, 2020 /PRNewswire/ -- Axcelis Technologies, Inc. (Nasdaq: ACLS), a leading supplier of innovative, high-productivity solutions for the semiconductor industry, announced today that it has shipped the third Purion Dragon™ high current system to a leading memory manufacturer for use in DRAM applications, and the first Purion XEmax™ high energy system to a leading CMOS image sensor manufacturer. Both systems are new tool evaluations and shipped in Q2.

President and CEO Mary Puma commented, "We continue to make strides on our market segmentation strategy, by expanding the Purion platform with product extensions featuring enabling technology aimed at solving customers' emerging device challenges. These new penetrations are key milestones in achieving our $550M and $650M target business models. As demand for these devices increases and targeted market segments expand, we see significant opportunity for the Purion Platform to fuel growth."

Bill Bintz, Executive Vice President, Product Development explained, "The Purion Dragon™ is an innovative new high current implanter architecture, featuring scanned spot beam technology using revolutionary orthogonal beam optics, designed for both advanced memory and logic applications.  The Purion Dragon was developed to address chipmakers most challenging ion implantation applications by delivering the highest levels of process control with significant productivity gains for the high current market."

"The new Purion XEmax high energy implanter was designed for emerging, high performance image sensor applications," Bintz continued. "The enhanced beamline features multiple filtration systems to eliminate energetic metal contaminants which can otherwise result in compromised dark current and white pixel count levels.. The new system is built on the industry leading Purion XE high energy implant platform and features Axcelis' new patented Boost Technology™, which delivers beam energies up to 15 MeV. With innovative new technology, the Purion XEmax is delivering the tightest angle and overall process control to enable higher quality photodiode performance for next generation CIS devices."

About Axcelis:
Axcelis (Nasdaq: ACLS), headquartered in Beverly, Mass., has been providing innovative, high-productivity solutions for the semiconductor industry for over 40 years. Axcelis is dedicated to developing enabling process applications through the design, manufacture and complete life cycle support of ion implantation systems, one of the most critical and enabling steps in the IC manufacturing process. Learn more about Axcelis at www.axcelis.com.  

CONTACTS:
Maureen Hart (editorial/media) 978.787.4266
Doug Lawson (investor relations) 978.787.9552

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SOURCE Axcelis Technologies, Inc.

FAQ

What is the significance of the Purion Dragon™ system shipment by Axcelis (ACLS)?

The shipment of the Purion Dragon™ system represents Axcelis' commitment to advanced semiconductor solutions, focusing on DRAM applications for memory manufacturers.

How does the Purion XEmax™ system impact the image sensor market?

The Purion XEmax™ system is designed to enhance photodiode performance in next-generation CMOS image sensors, showcasing Axcelis' technological advancements in this field.

What are Axcelis' revenue growth targets?

Axcelis aims to reach revenue targets between $550M and $650M, indicating strong growth potential following recent product shipments.

When were these systems shipped?

Both the Purion Dragon™ and Purion XEmax™ systems were shipped in the second quarter of 2020.