CyberOptics’ New SQ3000™+ System Powered by MRS™ Sensor Technology Recognized With 2022 NPI Award

Rhea-AI Summary

CyberOptics (NASDAQ: CYBE) has received the 2022 CIRCUITS ASSEMBLY NPI Award in the Inspection category for its new SQ3000+ Multi-Function system. Announced on February 24, 2022, this award recognizes the system's capabilities in AOI, SPI, and CMM. The SQ3000+ is praised for its enhanced Multi-Reflection Suppression (MRS) sensor technology, delivering high accuracy and quick data processing for advanced applications. This award is the second for the SQ3000+ and marks the 27th award for CyberOptics’ MRS technology.

Positive

• Received the 2022 CIRCUITS ASSEMBLY NPI Award for SQ3000+ Multi-Function system.
• Second award for SQ3000+ since its launch in 2021.
• 27 awards related to MRS sensor technology underline industry recognition.
• SQ3000+ system enhances inspection capabilities with high accuracy and speed.

Negative

• None.

MINNEAPOLIS--(BUSINESS WIRE)-- CyberOptics^® Corporation (NASDAQ: CYBE), a leading global developer and manufacturer of high-precision 3D sensing technology solutions, received a 2022 CIRCUITS ASSEMBLY NPI Award in the category of Inspection for its new SQ3000+ Multi-Function system for AOI, SPI and CMM. The award was announced during a virtual ceremony on Thursday, Feb. 24, 2022.

CyberOptics SQ3000+ Multi-function system for AOI, SPI and CMM. (Photo: Business Wire)

Customers worldwide are improving their yields and processes with CyberOptics’ systems that are powered by Multi-Reflection Suppression™ (MRS™) sensor technology. The SQ3000+ Multi-Function system for inspection and metrology is an extension of the multi-award-winning SQ3000 platform deemed best-in-class, that not only conducts AOI and SPI, but uniquely delivers in-line, full coordinate measurement (CMM) data in seconds, not hours.

“I am proud of our technical team that developed the latest MRS sensor with an even higher resolution designed for advanced applications,” said Dr. Subodh Kulkarni, President and CEO, CyberOptics, “By incorporating it into the new SQ3000+ Multi-Function system, we are providing our customers with yet another unparalleled inspection and metrology solution to address their next-generation, advanced performance requirements.”

This marks the second award for the SQ3000+ since its introduction in 2021 and the twenty-seventh award related to the company’s proprietary MRS sensor technology. The all-in-one system offers a combination of unmatched high accuracy and high speed, with an even higher resolution MRS sensor that inhibits reflection-based distortions caused by shiny components and specular surfaces. The SQ3000+ is specifically designed for high-end applications including advanced packaging, mini-LED, advanced SMT, 008004/0201 SPI, socket metrology and other challenging CMM applications.

Introduced in 2008, the NPI Awards program is an annual celebration of product excellence in electronics surface mount assembly. Premier products based on the finest examples of creative advancement in technology are chosen by a distinguished panel of industry experts.

For more information, visit www.cyberoptics.com.

About CyberOptics

CyberOptics Corporation (www.cyberoptics.com) is a leading global developer and manufacturer of high-precision 3D sensing technology solutions. CyberOptics’ sensors are used for inspection and metrology in the SMT and semiconductor markets to significantly improve yields and productivity. By leveraging its leading-edge technologies, the Company has strategically established itself as a global leader in high precision 3D sensors, allowing CyberOptics to further increase its penetration of key vertical markets. Headquartered in Minneapolis, Minnesota, CyberOptics conducts worldwide operations through its facilities in North America, Asia and Europe.

Statements regarding the Company’s anticipated performance are forward-looking and therefore involve risks and uncertainties, including but not limited to: a possible world-wide recession or depression resulting from the economic consequences of the COVID-19 pandemic; the negative effect on our revenue and operating results of the COVID-19 crisis on our customers and suppliers and the global supply chain; market conditions in the global SMT and semiconductor capital equipment industries; trade relations between the United States and China and other countries; the effects of inflation on our future costs; the timing of orders and shipments of our products, particularly our 3D MRS™ SQ3000™ and SQ3000™ + Multi-Function systems™ and MX systems for memory module inspection; increasing price competition and price pressure on our product sales, particularly our inspection and metrology systems; the level of orders from our OEM customers; the availability of parts required to meet customer orders; unanticipated product development challenges; the effect of world events on our sales, the majority of which are from foreign customers; rapid changes in technology in the electronics and semiconductor markets; product introductions and pricing by our competitors; the success of our 3D technology initiatives; the market acceptance of our SQ3000 and SQ3000+ Multi-Function systems and products for semiconductor advanced packaging inspection and metrology; costly and time consuming litigation with third parties related to intellectual property infringement; the negative impact on our customers and suppliers due to past and future terrorist threats and attacks and any acts of war; the impact of the MX3000™ orders on our consolidated gross margin percentage in any future period; risks related to cancellation or renegotiation of orders we have received; and other factors set forth in the Company’s filings with the Securities and Exchange Commission.

View source version on businesswire.com: https://www.businesswire.com/news/home/20220224005229/en/

Carla Furanna

Vice President of Global Marketing

952-820-5837

Source: CyberOptics Corporation

FAQ

What award did CyberOptics receive in 2022?

CyberOptics received the 2022 CIRCUITS ASSEMBLY NPI Award for its SQ3000+ Multi-Function system.

When was the award for CyberOptics' SQ3000+ announced?

The award was announced on February 24, 2022.

What technologies does the SQ3000+ Multi-Function system integrate?

The SQ3000+ integrates AOI, SPI, and CMM technologies.

How many awards has CyberOptics won related to MRS sensor technology?

CyberOptics has won 27 awards related to its MRS sensor technology.