AXCELIS ANNOUNCES SUCCESSFUL CLOSURE OF PURION DRAGON EVALUATION TOOL

Rhea-AI Summary

Axcelis Technologies (Nasdaq: ACLS) announced on Feb. 1, 2022, the successful closure of a Purion Dragon™ high current evaluation tool at a leading memory manufacturer. This evaluation, completed in Q4 2021, qualifies the Purion Dragon for high-volume production of DRAM and NAND devices. The executive team expressed optimism about potential follow-on orders in 2022, highlighting the tool's ability to enhance productivity and process control in advanced memory and logic applications.

Positive

• The successful closure of the Purion Dragon evaluation tool positions ACLS for increased production capacity.
• Qualifications for high-volume production of both DRAM and NAND memory devices enhance growth prospects.
• The tool addresses challenging ion implantation applications, promising significant productivity gains.

Negative

• None.

BEVERLY, Mass., Feb. 1, 2022 /PRNewswire/ -- Axcelis Technologies, Inc. (Nasdaq: ACLS), a leading supplier of innovative, high-productivity solutions for the semiconductor industry, announced today the successful closure of a Purion Dragon™ high current evaluation tool at a leading memory manufacturer. The Purion Dragon has a revolutionary high current implanter architecture, featuring innovative orthogonal beam optics, designed for advanced memory and logic applications.  With the closure of this evaluation, Purion Dragon is now qualified for high volume production of both DRAM and NAND memory devices with this customer. The evaluation closed in the fourth quarter of 2021.

Axcelis announced the closure of a Purion Dragon™ high current evaluation tool at a leading memory manufacturer.

Executive Vice President, Product Development, Bill Bintz, commented, "We're pleased to support this customer as they expand their capacity, and are excited about the significant opportunities for follow on orders in 2022.  The Purion Dragon was developed to address our customers' most challenging ion implantation applications by delivering the highest levels of process control with significant productivity gains in the high current, low energy applications space.  As demand for advanced memory and logic devices increases, we expect the Purion Dragon to fuel continued growth."

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 Axcelis' Purion Dragon evaluation tool closure?

The closure signifies that the Purion Dragon is now qualified for high-volume production of DRAM and NAND devices, enhancing Axcelis' business prospects in the semiconductor industry.

When was the Purion Dragon evaluation tool closed?

The evaluation was successfully closed in the fourth quarter of 2021.

What does the Purion Dragon tool offer to semiconductor manufacturers?

The Purion Dragon tool provides innovative orthogonal beam optics and high productivity solutions, improving process control and productivity in memory manufacturing.

What are the expectations for Axcelis Technologies after the successful evaluation closure?

Axcelis expects significant opportunities for follow-on orders in 2022, driven by increasing demand for advanced memory and logic devices.