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Overview of Advanced Energy Industries Inc.
Advanced Energy Industries Inc is a renowned provider of precision power conversion, power control systems, and measurement solutions. With over three decades of expertise, the company harnesses advanced power and control technologies that underpin breakthroughs in semiconductor, flat panel display, solar, and industrial manufacturing environments. Its innovative approach to transforming raw electrical power into customizable and reliable outputs has made it a trusted partner for original equipment manufacturers and industrial end users worldwide.
Core Business and Technological Expertise
The firm specializes in designing and delivering state-of-the-art power conversion and control solutions that address the critical need for precision in modern manufacturing processes. Its primary offerings include thin-film power-conversion systems and integrated power control modules. These systems modify, measure, and control electrical power, ensuring consistent, predictable performance in manufacturing cycles. The technical expertise of the AE team, combined with agile support across key regions in North America, Europe, and Asia, positions the company as a vital enabler in technologically advanced production environments.
Products and Applications
Advanced Energy's product suite is deliberately engineered to accommodate the rigorous demands of industrial and high-tech applications. The company focuses on the following key product categories:
- Thin-Film Power-Conversion Systems: Designed to convert raw electrical power into a regulated supply suitable for precise manufacturing tasks.
- Power Control Modules: Critical for controlling and measuring parameters, such as temperature, during complex production cycles.
- Measurement and Monitoring Solutions: These solutions enable real-time performance tracking and adjustment, ensuring high fidelity in operations and process consistency.
Industry Position and Market Significance
Operating within the semiconductor, display, solar, and broader industrial capital equipment markets, Advanced Energy stands as a functional and technical contributor within the highly specialized niche of power conversion. Its commitment to technological excellence and close partnerships with industry leaders have fostered an environment of perpetual innovation. The company’s global reach supports a diversified portfolio that not only strengthens its market position but also ensures a steady flow of expertise and technical support to its clientele.
Operational Excellence and Global Footprint
The company’s operational model is built on a foundation of technical expertise and close customer collaboration. With a dedicated team deployed across major economic regions, Advanced Energy provides timely, responsive, and customized power solutions. Its strategic focus on innovation in thin-film and industrial manufacturing applications has helped maintain a sustainable foothold in a competitive landscape, emphasizing quality, precision, and consistent performance in every facet of its operations.
Key Differentiators
Several core aspects distinguish Advanced Energy within its industry:
- Technical Expertise: Decades of experience in precision power systems have culminated in deep technical know-how, ensuring solutions that meet the exact needs of demanding manufacturing processes.
- Innovative Solutions: By continuously refining its approaches to power conversion, the company provides cutting-edge technology that enhances production efficiency and reliability.
- Global Customer Support: The company’s geographically diverse technical teams ensure that clients worldwide receive high-quality, agile support that propels their operational excellence.
Commitment to Quality and Precision
Advanced Energy’s approach is firmly anchored in quality control and customized solution delivery. Its products and services are developed to adapt to the unique demands of contemporary manufacturing environments. This commitment not only solidifies trust among its customer base but also fosters long-standing relationships, pivotal for a business operating in dynamic, technology-driven sectors.
Conclusion
In summary, Advanced Energy Industries Inc offers comprehensive, precision power conversion and control solutions that are integral to multiple high-tech and industrial sectors. Its blend of innovative technology, deep technical expertise, and global operational breadth makes it an essential component in the manufacturing value chain, reinforcing its position as a trusted technical partner for major players in the semiconductor, flat panel, solar, and industrial equipment markets.
Advanced Energy Industries (Nasdaq: AEIS) has announced its 2025-2026 STEM Scholarship Program. The scholarship offers a $20,000 grant for tuition fees, along with professional mentoring and internship opportunities at Advanced Energy sites across the US. The program aims to develop talent in STEM fields, focusing on areas like power electronics, RF, embedded systems, and more.
Eligible students must be enrolled at one of 10 partner universities, including MIT, Stanford, and Colorado State University. The application deadline is October 25. This marks the scholarship's fifth year, with 13 students having received a total of $260,000 in grants to date. The company seeks candidates passionate about STEM who aspire to pursue careers in the industry.
Advanced Energy (Nasdaq: AEIS) has launched a new ultra-efficient DC-DC converter module, the Artesyn® ADH1300-48S28. This 1,300 W device delivers a 28 V output in a half-brick form factor, offering nearly 96% efficiency at full load. Designed for telecom wireless base stations and equipment with radio frequency power amplifiers (RFPAs), it features:
- Compact design ideal for IP-sealed enclosures
- PMBus interface for remote configuration, monitoring, and control
- Wide range of voltage adjustments
- Protection against over-voltage, over-current, and short-circuit conditions
The converter aims to reduce energy consumption, lower operating costs, and enable more compact designs for RFPA applications.
Advanced Energy (Nasdaq: AEIS) has launched the NCF150 series of high-isolation, low-leakage current AC-DC power supplies. These off-the-shelf products enable medical equipment designers to meet cardiac floating (CF) requirements of the IEC 60601-1 medical safety standard without custom designs. The NCF150 series offers:
- Maximum output power up to 150 W
- Voltages of 12 V, 15 V, 19 V, 24 V, and 48 V
- Optional 5 V standby and 12 V fan output
- Patient leakage current below 10 μA
- EMI Class B, 2 MOPP isolation
- 5 kV defibrillator pulse withstand capabilities
- Universal input of 85 to 264 VAC
- Full-load efficiency greater than 90 percent
This launch aims to help medical OEMs reduce system-level components, minimize system size and cost, and accelerate time-to-market for CF-rated medical equipment.
Advanced Energy (Nasdaq: AEIS) has opened a new design and service center in Wilmington, MA, focusing on developing advanced power technologies for semiconductor, industrial, and medical applications. The state-of-the-art facility combines laboratory and office space for up to 50 employees, supporting AE's rapid growth strategy by enabling the launch of leading technology platforms and reducing time-to-market for new products.
Located in Boston's tech corridor, the center allows AE to tap into local talent and strengthen its leadership in precision power technologies. The facility features cutting-edge labs, modern office space, a gym, and a cafeteria. Strategically positioned near top schools like MIT and Northeastern, AE is actively hiring for key roles to support its expansion efforts.
Advanced Energy Industries (NASDAQ: AEIS) has announced a quarterly cash dividend of $0.10 per share. The dividend will be payable on September 6, 2024 to shareholders of record as of August 26, 2024. This decision was authorized by the company's board of directors. Advanced Energy, a global leader in precision power conversion, measurement, and control solutions, emphasizes that future dividend declarations, including record and payment dates, are subject to board review and approval.
Advanced Energy (Nasdaq: AEIS), a leader in precision power solutions, has announced its participation in several upcoming investor conferences. These events include:
- KeyBanc Technology Leadership Forum on August 6, 2024
- Seaport Research Partners Annual Summer Investor Conference on August 20, 2024
- Jefferies Semiconductor, IT Hardware & Communications Technology Conference on August 27, 2024
- 2024 Semiconductor, IT Hardware & Networking Conference on August 28, 2024
- Benchmark 2024 The, Media & Telecom Conference on September 4, 2024
- Citi 2024 Global TMT Conference on September 5, 2024
The KeyBanc event will feature a presentation at 1:30PM MT, which will be streamed live and available for replay on the company's website.
Advanced Energy Industries (Nasdaq: AEIS) reported strong Q2 2024 results, with revenue of $364.9 million, exceeding expectations. GAAP EPS from continuing operations was $0.41, and non-GAAP EPS was $0.85, both above the mid-point of guidance. The company saw sequential revenue growth in three of its four markets. CEO Steve Kelley highlighted efforts to incorporate AE's technologies into leading-edge systems and execute manufacturing consolidation plans to drive market share gains and profitability improvement.
For Q3 2024, Advanced Energy projects revenue of $370 million ± $20 million, GAAP EPS from continuing operations of ($0.10) ± $0.25, and non-GAAP EPS of $0.90 ± $0.25. The company plans further actions related to its manufacturing consolidation initiatives, with associated charges expected in Q3 2024.
Advanced Energy (Nasdaq: AEIS), a global leader in precision power conversion, measurement, and control solutions, has announced its second quarter 2024 earnings release date. The company will report its financial results on Tuesday, July 30, 2024, after the market closes. A conference call with management will be held the same day at 4:30 p.m. Eastern Time.
Investors can participate in the live earnings call by dialing 877-407-0890 (US) or +1-201-389-0918 (International). A live webcast will be available on the company's Investors page. A replay of the call will be accessible approximately two hours after the event concludes.
Advanced Energy has introduced the NavX™ impedance matching network with industry-leading algorithms and direct generator communication, offering precise and repeatable plasma control critical in advanced semiconductor fabrication.
The NavX platform, paired with the eVerest™ generator, forms an advanced RF delivery system, enabling ultra-fast tuning and RF synchronization during multilevel pulse states. Features include selectable tuning algorithms, a +/- 10% frequency span for faster tuning, and IMD immunity for multi-frequency applications. This system is also compatible with PowerInsight IoT for high-resolution data access.
Advanced Energy (Nasdaq: AEIS) has acquired Airity Technologies, a company specializing in Gallium Nitride (GaN)-based high voltage power conversion products. This acquisition aims to strengthen Advanced Energy's portfolio in semiconductor, industrial, and medical markets by leveraging Airity's high-frequency power conversion technologies. CEO Steve Kelley emphasized that this move would bolster the company's leadership and innovation in precision power conversion. Although financially insignificant for 2024, the acquisition's terms were not disclosed.
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