CVD Equipment Corporation Company (NASDAQ: CVV),
announced today that its subsidiary, CVD MesoScribe Technologies
Corporation, received two (2) Phase I Small Business Innovation Research
(SBIR) awards from the US Air Force.
The first project award is related to the development of advanced
temperature and heat flux sensors to support hypersonic flight system
testing. During the project the Company’s proprietary MesoPlasma™ Direct
Write printing technology will be used to fabricate sensors onto thermal
protection system (TPS) materials including ceramic matrix composites
(CMCs).
The second project award is related to the development of a material
direct write printing system to deposit metallic and ceramic coatings
for aeroengine applications that eliminates the need for part masking
during deposition. This project will utilize CVD MesoScribe’s
proprietary aperture system to produce high definition coatings with
selectable spray widths to meet US Air Force 76PMGS qualification
requirements.
“CVD MesoScribe looks forward to working with the Air Force to provide
innovative products, sensing solutions, and materials deposition
technologies” said Jeff Brogan, Director of Sales & Marketing. “Our Team
is excited to support hypersonic materials development and expand our
portfolio of instrumentation products. MesoPlasma™ Direct Write
deposition technology provides new coating capabilities and cost
reduction associated with certain gas turbine engine components.”
The United States Air Force SBIR program is a highly competitive program
that encourages small businesses to engage in research and development
that has the potential for commercialization and to support the Air
Force military effort. The program enables teams to explore
technological feasibility while providing the incentive to develop
products for commercial and military use.
CVD MesoScribe specializes in materials processing using Direct Write
MesoPlasma™ printing technology, an additive manufacturing process
whereby materials are printed onto conformal components in precise
patterns. The Company provides MesoPlasma™ printing services and
products to its customers for use in aerospace, defense, and energy
markets.
CVD MesoScribe Technologies Corporation is a subsidiary of CVD Materials
Corporation which is a wholly owned subsidiary of CVD Equipment
Corporation (NASDAQ: CVV).
Its corporate office located in Central Islip, New York and a
manufacturing facility is located in Huntington Beach, California.
About CVD Equipment Corporation
CVD
Equipment Corporation (NASDAQ: CVV)
designs, develops, and manufactures a broad range of chemical vapor
deposition, gas control, and other state-of-the-art equipment and
process solutions used to develop and manufacture materials and coatings
for research and industrial applications. This equipment is used by its
customers to research, design, and manufacture these materials or
coatings for aerospace engine components, medical implants,
semiconductors, solar cells, smart glass, carbon nanotubes, nanowires,
LEDs, MEMS, and other applications. Through its application laboratory,
the Company provides process development support and process startup
assistance with the focus on enabling tomorrow’s technologies™.
It’s wholly owned subsidiary CVD Materials Corporation provides advanced
materials and metal surface treatments and coatings to serve demanding
applications in the electronic, biomedical, petroleum, pharmaceutical,
and many other industrial markets.
The Private Securities Litigation Reform Act of 1995 provides a “safe
harbor” for forward-looking statements. Certain information included in
this press release (as well as information included in oral statements
or other written statements made or to be made by CVD Equipment
Corporation) contains statements that are forward-looking. All
statements other than statements of historical fact are hereby
identified as “forward-looking statements, “as such term is defined in
Section 27A of the Securities Exchange Act of 1933, as amended, and
Section 21E of the Securities Exchange Act of 1934, as amended. Such
forward looking information involves a number of known and unknown risks
and uncertainties that could cause actual results to differ materially
from those discussed or anticipated by management. Potential risks and
uncertainties include, among other factors, conditions, success of CVD
Equipment Corporation’s growth and sales strategies, the possibility of
customer changes in delivery schedules, cancellation of orders,
potential delays in product shipments, delays in obtaining inventory
parts from suppliers and failure to satisfy customer acceptance
requirements.
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