FREMONT, CA – Aehr Check Methods (NASDAQ:AEHR), a worldwide supplier of semiconductor check and burn-in gear, introduced right now that it has secured an preliminary manufacturing order from a number one automotive semiconductor provider for its FOX-XP™ wafer stage check and burn-in system with an built-in FOX WaferPak™ Aligner. This technique is designed for testing gallium nitride (GaN) energy semiconductor gadgets and is ready to ship instantly. In accordance with InvestingPro information, Aehr maintains sturdy monetary well being with a sturdy present ratio of 6.03, indicating wonderful operational liquidity. The corporate’s stable 50.48% gross revenue margin displays environment friendly value administration in its manufacturing operations.
President and CEO of Aehr Check Methods, Gayn Erickson, said that the corporate has been collaborating with the shopper for over a yr to help their analysis and qualification course of for GaN energy semiconductors. Erickson expressed pleasure over the preliminary buy order, which signifies the shopper’s transition to quantity manufacturing wafer stage burn-in of their GaN gadgets utilizing Aehr’s FOX-XP platform.
The client beforehand utilized the FOX-NP system for manufacturing qualification and reliability testing, together with Aehr’s proprietary WaferPak full wafer Contactors, to efficiently qualify quite a lot of GaN machine varieties for a number of purposes, together with industrial, photo voltaic, information heart, and automotive markets.
Aehr’s FOX-XP system permits for seamless transition from machine qualification to high-volume, totally automated multi-wafer testing. It may well check up to 9 wafers in parallel and is designed to deal with high-voltage and high-temperature stress exams, important for energy semiconductors like GaN and silicon carbide (SiC).
GaN MOSFETs are acknowledged for his or her larger energy conversion effectivity over silicon and have gotten more and more widespread for automotive energy converters and information heart energy purposes. Business specialists predict that GaN will finally change silicon in energy conversion, significantly for photovoltaic purposes.
Market research from Yole Group and Frost & Sullivan initiatives important development for GaN know-how, with anticipated annual machine gross sales reaching $2.5 billion by 2029 and GaN semiconductors accounting for over 10% of the ability semiconductor trade by 2028. These projections spotlight a considerable development alternative for Aehr’s wafer stage check and burn-in options.
Aehr Check Methods, headquartered in Fremont, California, is acknowledged for its check options for semiconductor gadgets in numerous codecs and has put in quite a few techniques worldwide. The corporate’s merchandise cater to the rising high quality, reliability, security, and safety wants of semiconductors utilized in numerous purposes, together with electrical autos, energy infrastructure, computing, and information infrastructure. With the corporate’s subsequent earnings report due in 6 days, InvestingPro subscribers can entry real-time analysis and detailed monetary metrics to make knowledgeable funding selections. The corporate’s market capitalization stands at $499.28 million, with analysts sustaining a optimistic outlook on its development prospects.
This announcement relies on a press release assertion from Aehr Check Methods.
In different latest information, Aehr Check Methods has reported important developments. The corporate’s Q1 monetary outcomes for fiscal 2025 revealed a income of $13.1 million and a non-GAAP internet earnings of $2.2 million, each figures exceeding consensus estimates. Regardless of year-over-year decreases, Aehr Check Methods has reaffirmed its fiscal 2025 income steering of a minimum of $70 million, with a good portion, 85%, anticipated from wafer-level burn-in.
The corporate additionally rescheduled its Q2 fiscal 2025 earnings launch and subsequent convention name to January 13, 2025, as a result of Nationwide Day of Mourning for former President Jimmy Carter. Aehr Check Methods demonstrated sturdy profitability with a 50.5% gross margin and maintains a wholesome stability sheet with more money than debt.
Moreover, Aehr Check Methods lately accomplished the acquisition of Incal Expertise, enhancing its high-power testing capabilities for AI semiconductors. This strategic transfer has already resulted within the firm receiving its first quantity manufacturing orders for Incal’s Sonoma ultra-high-power semiconductor check answer.
At Aehr Check Methods’ Annual Assembly, shareholders elected six administrators to the board and ratified BPM LLP as the corporate’s unbiased registered public accounting agency for the upcoming fiscal yr. These are the most recent developments for Aehr Check Methods, an organization that continues to make strides within the semiconductor testing trade.
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