Camtek Introduced 5th Generation of the Eagle System Supporting Expected Growth In 2025

Rhea-AI Summary

Camtek (NASDAQ: CAMT) has unveiled its Eagle Generation-5 (Eagle G5) inspection system, marking a significant advancement in inspection and metrology capabilities. The new system offers improved wafer throughput and optical resolution, meeting current market demands and future customer needs. The Eagle G5 is designed for advanced packaging applications such as HPC, CIS, and SiC.

Camtek has already received orders for 2025 deliveries. CEO Rafi Amit expressed excitement about the launch, stating that it will strengthen Camtek's position in 2D inspection and 3D metrology markets. The Eagle G5 is the first of several new products developed in recent years to address upcoming Advanced Packaging technologies, including fine pitch micro bumps and hybrid bonding interconnects.

The company anticipates 2025 to be another growth year, driven by healthy demand in end-markets and contributions from new products.

Positive

• Launch of advanced Eagle Generation-5 (Eagle G5) inspection system
• Improved wafer throughput and optical resolution
• Orders received for 2025 deliveries
• Expectation of strengthened market position in 2D inspection and 3D metrology
• Anticipation of growth in 2025

Negative

• None.

Insights

Tech Expert

The introduction of Camtek's Eagle Generation-5 (Eagle G5) inspection system represents a significant technological leap in semiconductor inspection and metrology. This system's enhanced capabilities, including improved optical resolution and increased wafer throughput, directly address the evolving needs of the advanced packaging market, particularly in high-growth segments like HPC, CIS and SiC.

The Eagle G5's ability to handle fine pitch micro bumps and hybrid bonding interconnects positions Camtek favorably for upcoming advanced packaging technologies. This aligns well with the industry's push towards more complex and densely packed semiconductor designs. The fact that Camtek has already secured orders for 2025 deliveries indicates strong market reception and potential for revenue growth.

However, it's important to note that while this product launch is promising, its full impact on Camtek's financial performance won't be immediate. The true test will be in the system's market adoption rate and its ability to maintain Camtek's competitive edge in the long term.

Market Research Analyst

Camtek's launch of the Eagle G5 system is strategically timed to capitalize on the expected growth in the semiconductor inspection and metrology market. The company's focus on advanced packaging applications, particularly in high-growth sectors like HPC and SiC, aligns with industry trends towards more sophisticated chip designs and manufacturing processes.

The announcement of pre-orders for 2025 deliveries is a positive indicator of market demand and customer confidence in Camtek's technology. This could potentially translate into a strong order backlog and improved revenue visibility for the company in the coming years.

Moreover, the mention of additional new products in the pipeline suggests a robust R&D strategy, which could further strengthen Camtek's market position. However, investors should be cautious about the competitive landscape and potential technological disruptions that could impact Camtek's market share in this rapidly evolving industry.

The first in a number of new products following recent years' R&D efforts

MIGDAL HAEMEK, Israel, Sept. 24, 2024 /PRNewswire/ -- Camtek Ltd. (NASDAQ: CAMT) (TASE: CAMT) is pleased to announce the launch of the latest leading inspection system, the Eagle Generation-5 (Eagle G5), marking a significant advancement in Camtek's inspection and metrology technological capabilities. The new system offers unparalleled wafer throughput coupled with improved optical resolution, meeting both current market demand and customers' future roadmap.

Camtek's Eagle system is the advanced packaging standard solution for current and future 2D inspection and 3D metrology, targeted to applications such as HPC (high performance computing), CIS (CMOS image sensors), SiC (Silicon Carbide), and others. Camtek has already received orders for this system for 2025 deliveries.

Rafi Amit, Camtek's CEO commented, "I am very excited about the launch of our fifth generation Eagle platform. It pushes the boundaries of performance for inspection and metrology and I expect it to strengthen our dominant position in both the 2D inspection and 3D metrology in advanced packaging markets. This system is the first in a number of new products that we have been working on in recent years and will provide inspection and metrology solutions for the upcoming Advanced Packaging technologies that are characterized by fine pitch of micro bumps and hybrid bonding interconnects."

"The healthy demand in our end-markets, together with the initial contribution from our new products, underlies our expectations that 2025 will be another growth year for Camtek."

For more information about Camtek Ltd. and its advanced inspection and metrology solutions, please visit www.camtek.com.

ABOUT CAMTEK LTD.

Camtek is a developer and manufacturer of high-end inspection and metrology equipment for the semiconductor industry. Camtek's systems inspect IC and measure IC features on wafers throughout the production process of semiconductor devices, covering the front and mid-end and up to the beginning of assembly (Post Dicing). Camtek's systems inspect wafers for the most demanding semiconductor market segments, including Advanced Interconnect Packaging, Heterogenous Integration, Memory and HBM, CMOS Image Sensors, Compound Semiconductors, MEMS, and RF, serving numerous industry's leading global IDMs, OSATs, and foundries.

With manufacturing facilities in Israel and Germany, and eight offices around the world, Camtek provides state of the art solutions in line with customers' requirements.

This press release is available at www.camtek.com 

This press release contains statements that may constitute "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements are based on Camtek's current beliefs, expectations and assumptions about its business and industry, all of which may change. Forward-looking statements can be identified by the use of words including "believe," "anticipate," "should," "intend," "plan," "will," "may," "expect," "estimate," "project," "positioned," "strategy," and similar expressions that are intended to identify forward-looking statements, including our expectations and statements relating to the compound semiconductors market and our position in this market and the anticipated timing of delivery of the systems. These forward-looking statements involve known and unknown risks and uncertainties that may cause the actual results, performance or achievements of Camtek to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Factors that may cause our actual results to differ materially from those contained in the forward-looking statements include, but are not limited to, the effects of the evolving nature of the war situation in Northern Israel, and the related evolving regional conflicts; the continued demand and future contribution of HBM and Chiplet applications and devices to the Company business resulting from, among other things, the field of AI surging worldwide across companies, industries and nations; formal or informal imposition by countries of new or revised export and/or import and doing-business regulations or sanctions, including but not limited to changes in U.S. trade policies, changes or uncertainty related to the U.S. government entity list and changes in the ability to sell products incorporating U.S originated technology, which can be made without prior notice, and our ability to effectively address such global trade issues and changes; ; and those other factors discussed in our Annual Report on Form 20-F as published on March 21, 2024 as well as other documents filed by the Company with the SEC as well as other documents that may be subsequently filed by Camtek from time to time with the Securities and Exchange Commission. We caution you not to place undue reliance on forward-looking statements, which speak only as of the date hereof. Camtek does not assume any obligation to update any forward-looking statements in order to reflect events or circumstances that may arise after the date of this release unless required by law.

While we believe that we have a reasonable basis for each forward-looking statement contained in this press release, we caution you that these statements are based on a combination of facts and factors currently known by us and our projections of the future, about which we cannot be certain. In addition, any forward-looking statements represent Camtek's views only as of the date of this press release and should not be relied upon as representing its views as of any subsequent date. Camtek does not assume any obligation to update any forward-looking statements unless required by law.

CAMTEK LTD.
Moshe Eisenberg, CFO 
Tel: +972 4 604 8308
Mobile: +972 54 900 7100
moshee@camtek.com

INTERNATIONAL INVESTOR RELATIONS   
EK Global Investor Relations
Ehud Helft 
Tel: (US) 1 212 378 8040
camtek@ekgir.com

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SOURCE Camtek Ltd.

FAQ

What is Camtek's new Eagle Generation-5 (Eagle G5) system?

The Eagle Generation-5 (Eagle G5) is Camtek's latest leading inspection system, offering improved wafer throughput and optical resolution for advanced packaging applications such as HPC, CIS, and SiC.

When will Camtek's Eagle G5 system be available?

Camtek has already received orders for the Eagle G5 system with deliveries scheduled for 2025.

What markets does Camtek (CAMT) expect to strengthen its position in with the Eagle G5?

Camtek expects to strengthen its dominant position in both the 2D inspection and 3D metrology markets for advanced packaging with the Eagle G5 system.

What technologies does Camtek's Eagle G5 system address?

The Eagle G5 system addresses upcoming Advanced Packaging technologies, including fine pitch micro bumps and hybrid bonding interconnects.

Does Camtek (CAMT) expect growth in 2025 based on the Eagle G5 launch?

Yes, Camtek anticipates 2025 to be another growth year, driven by healthy demand in end-markets and contributions from new products like the Eagle G5.