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Last $4.93 USD
Change Today +0.04 / 0.82%
Volume 14.4K
IVAC On Other Exchanges
As of 8:10 PM 10/2/15 All times are local (Market data is delayed by at least 15 minutes).
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Company Description

Contact Info

3560 Bassett Street

Santa Clara, CA 95054

United States

Phone: 408-986-9888

Fax: 408-988-8145

Intevac, Inc. provides process manufacturing equipment solutions to the hard disk drive industry. The company also offers high-productivity, thin-film processing systems to the photovoltaic (PV) industry and to adjacent markets for thin-film deposition applications, including the display cover panel market. The company also provides sensors, cameras, and systems for government applications, such as night vision and long-range target identification. Its customers include manufacturers of hard disk drives, PV cells and cell phones, as well as the U.S. government and its agencies and contractors. Segments The company has two segments, Equipment and Photonics. Equipment segment This segment engages in the design and development of high-productivity, thin-film processing systems. The company’s production-proven platforms are designed for high-volume manufacturing of substrates with precise thin-film properties. Its high-performance, high-throughput technology solutions continue to expand into additional markets, including solar PV and adjacent thin-film deposition applications. Hard Disk Drive Equipment Market The company designs, manufactures, markets and services complex capital equipment used to deposit thin films and lubricants onto substrates to produce magnetic disks that are used in hard disk drives. Disk and disk drive manufacturers produce magnetic disks in a manufacturing process involving various steps, including plating, annealing, polishing, texturing, sputtering, etching, stripping and lubrication. The company’s systems are used by manufacturers of magnetic media, such as Seagate Technology; Western Digital, including its wholly-owned subsidiary, HGST; Fuji Electric; and Showa Denko. Hard Disk Drive Equipment Products Disk Sputtering Systems The company’s equipment deposits magnetic films, non-magnetic films and protective carbon-based overcoats on disks that are to be used in hard disk drives using sputtering or chemical vapor deposition (CVD) technologies. The company’s 200 Lean systems with the installed base of 200 Lean systems reached approximately 150 systems by the end of 2014. The company provides a solution for high-volume manufacturing by providing new etch and associated process modules on the high-productivity 200 Lean Gen II platform. Disk Lubrication Systems Disk lubrication is the manufacturing step that follows deposition of thin films. The Intevac AccuLuber lubricates disks by depositing a thin film of lubricant on the disk while it is under vacuum, thus eliminating the use of solvents, which are environmentally hazardous to procure, store and dispose. Non-System Business The company also provides technology upgrades, spare parts and consumables, installation, maintenance and repair services to its system customers. The company continues to develop and market new upgrades to its installed base that support the continued growth in areal density or improve the manufacturing cost per disk. Solar Market The company designs, manufactures and markets capital equipment for the PV solar manufacturing industry. The company offers products for wafer-based crystalline silicon (c-Si) solar cell manufacturing processes, the prevailing manufacturing process. Solar Manufacturing Products Solar Cell Processing Systems The company offers vacuum process manufacturing solutions for c-Si applications. The company’s platform is a fully-automated high-productivity process equipment solution enabling solar cell manufacturing and high cell efficiency. The company has developed two vacuum process application technologies for solar cell manufacturing: for deposition of thin films and for doping by ion implant. The company’s products include the INTEVAC MATRIX physical vapor deposition (PVD) system and the ENERGi ion implant system. The company’s ENERGi ion implantation system is based upon technology developed by Solar Implant Technologies, Inc. These systems are designed to run at high throughput and could be integrated into new or existing solar processing lines. INTEVAC MATRIX PVD PVD is a process used in multiple steps in manufacturing solar cells, suc


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