GT Advanced Technologies Opens New Silicon Carbide

New Post Public Reply Private Reply Replies (0) Message Board
News Desk 2018
92
GT Advanced Technologies Opens New Silicon Carbide Manufacturing Facility

HUDSON, N.H., June 27, 2018 (GLOBE NEWSWIRE) -- GTAT Corporation (GTAT) opened its new state-of-the-art silicon carbide manufacturing plant with a ribbon-cutting ceremony on Tuesday, June 26, 2018 that included state and local officials who were on hand to commemorate the event. The facility, located in Hudson, New Hampshire, also includes the company’s new corporate headquarters as well as its advanced research and development center.

Silicon carbide, a crucial material for high-power electronics, is a key enabler of a new generation of products in growing markets such as electric vehicles, data centers and solar systems. GTAT has been a leader in the development of advanced materials, equipment and technology solutions for global markets in photovoltaics and optoelectronics.

“The opening of our new silicon carbide production facility represents a significant milestone for the company’s transition from an equipment provider to a materials company,” said Greg Knight, GTAT’s president and chief executive officer. “This beautiful, new production facility positions us as one of the only companies in the world with the know-how and capacity to offer high quality silicon carbide material for a growing number of power electronics applications in high growth markets. Our expertise in crystal growth equipment, managing supply chains and deep domain knowledge in a number of advanced materials has given us a competitive advantage in meeting the growing demand for wide-band-gap semiconductors.”

The company is continuing to commercialize other technologies such as its new tube filaments used to lower the cost of producing polysilicon and its continuous Cz feeder, which lowers the cost of producing monocrystalline silicon wafers for the solar industry.

About GTAT Corporation

GTAT Corporation is a diversified technology company producing advanced materials and innovative crystal growth technology for the solar, power electronics and optoelectronics industries. The company’s technical innovations accelerate the growth of a new generation of products across this diversified set of global markets. For more information about the company, please visit www.gtat.com .

A photo accompanying this announcement is available at http://www.globenewswire.com/NewsRoom/Attachm...62beef3f5a

Contact:

Company Jessica Forleo jessica.forleo@gtat.com +1.603.417.2211

Media Jeff Nestel-Patt jeff@jnpmarketinggroup.com +1.978.761.8303

Scroll down for more posts ▼

Top 10 Most Recent News Articles

Top 5 Most Recently Viewed Articles

Saab Set to Increase Orders and Investments for 2024 Success

Updated Category News Views 335

Saab's Significant Growth in Orders In a notable development, Saab's order bookings during the third quarter witnessed an impressive surge of 41%, reaching an astonishing SEK 21.2 billion. This growth can be attributed to the robust performance of its Dynamics division, highlighted by a substantial SEK 6.6 billion defense systems order, alongside a notable SEK 1.3 billion...

Continue Reading
Revolutionary All-in-One Fire Safety System Developed

Updated Category News Views 227

Revolutionary Device Unites Fire Detection and Extinguishing A remarkable advancement in fire safety has come to light with the creation of an all-in-one smoke and fire detector, which also includes an integrated fire extinguisher. This groundbreaking device, called ALL-IN ONE SUPPRESSION, was inspired by the inventor’s own experience as a firefighter. The Demand for...

Continue Reading
Innovative Toy Concepts Celebrated at Annual ToyAwards

Updated Category News Views 108

Celebrating Innovation in Toy Design The recently concluded ToyAwards served as a platform to recognize and honor innovative game concepts, exceptional craftsmanship, and market potential in the toy industry. During an exciting ceremony, several outstanding products were awarded, showcasing the creativity and talent of the industry. Winners of the ToyAwards This year's...

Continue Reading
Nigel Farage's Vision for Britain's Crypto Revolution

Updated Category News Views 235

Farage’s Ambitious Crypto Plans for Britain The political landscape is shifting as cryptocurrency takes center stage. With leaders like Donald Trump promoting digital currencies, Nigel Farage, the leader of Reform U.K., is stepping up with plans to transform Britain into a worldwide crypto powerhouse. Creating a Bitcoin Reserve Farage's speech at the Digital Asset...

Continue Reading
Anghami Implements Strategic Reverse Stock Split for Growth

Updated Category News Views 151

Anghami's Strategic Move: A Reverse Stock Split Anghami Inc. (NASDAQ: ANG) has recently embarked on a significant step to bolster its trading position in the competitive multimedia streaming landscape. The company has declared a 1-for-10 reverse stock split of its ordinary shares, designed to enhance compliance with the Nasdaq Capital Market's minimum bid price...

Continue Reading