{"id":399377,"date":"2020-12-14T16:08:26","date_gmt":"2020-12-14T21:08:26","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=399377"},"modified":"2020-12-14T16:08:26","modified_gmt":"2020-12-14T21:08:26","slug":"intevac-receives-5-million-eva-digital-night-vision-sensor-contract","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/intevac-receives-5-million-eva-digital-night-vision-sensor-contract\/","title":{"rendered":"Intevac Receives $5 Million EVA Digital Night-Vision Sensor Contract"},"content":{"rendered":"

<\/p>\n

Intevac Receives $5 Million EVA Digital Night-Vision Sensor Contract <\/b><\/p>\n

SANTA CLARA, Calif.–(BUSINESS WIRE<\/a>)–
\nIntevac, Inc. (Nasdaq: IVAC) announced today it has received a $5 million development contract award from Collins Aerospace in support of the U.S. Navy-funded Enhanced Visual Acuity (EVA) Program that will help U.S. Navy and Marine Corps pilots execute their missions more effectively under low-light conditions. Intevac will supply their latest ISIE19 EBAPS\u00ae<\/sup> digital night-vision sensor as part of the development effort.\n<\/p>\n

\n\u201cThis will be the first announced night-vision program with a future production path incorporating our latest ISIE19 EBAPS\u00ae<\/sup> sensor,\u201d commented Timothy Justyn, executive vice president and general manager of Intevac Photonics. \u201cWe are excited to provide the benefits this sensor brings to our naval aviators.\u201d\n<\/p>\n

\n\u201cThis contract award demonstrates the U.S. military\u2019s continued commitment to digital night vision technology for the future,\u201d added Wendell Blonigan, president and chief executive officer of Intevac.\n<\/p>\n

\nIntevac’s digital night-vision sensors, based on its patented Electron Bombarded Active Pixel Sensor (EBAPS\u00ae<\/sup>) technology, provide state-of-the-art capability to the most advanced avionic fighting platforms in the U.S. Department of Defense inventory.\n<\/p>\n

About Intevac<\/b><\/p>\n

\nIntevac was founded in 1991 and has two businesses: Thin-film Equipment and Photonics.\n<\/p>\n

\nIn our Thin-film Equipment business, we are a leader in the design and development of high-productivity, thin-film processing systems. Our production-proven platforms are designed for high-volume manufacturing of substrates with precise thin film properties, such as the hard drive media, display cover panel, and solar photovoltaic markets we serve currently.\n<\/p>\n

\nIn our Photonics business, we are a recognized leading developer of advanced high-sensitivity digital sensors, cameras and systems that primarily serve the defense industry. We are the provider of integrated digital imaging systems for most U.S. military night vision programs.\n<\/p>\n

\nFor more information call 408-986-9888, or visit the Company’s website at www.intevac.com<\/a>.\n<\/p>\n

Forward-Looking Statements<\/b><\/p>\n

\nThis press release includes statements that constitute \u201cforward-looking statements\u201d within the meaning of the Private Securities Litigation Reform Act of 1995 (the \u201cReform Act\u201d). Intevac claims the protection of the safe-harbor for forward-looking statements contained in the Reform Act. These forward-looking statements are often characterized by the terms \u201cmay,\u201d \u201cbelieves,\u201d \u201cprojects,\u201d \u201cexpects,\u201d or \u201canticipates,\u201d and do not reflect historical facts. Specific forward-looking statements contained in this press release include, but are not limited to; the future production path of the EVA program. The forward-looking statements contained herein involve risks and uncertainties that could cause actual results to differ materially from the company\u2019s expectations. These risks include, but are not limited to: changes in the future production path, which could have a material impact on our business, our financial results, and the company’s stock price. These risks and other factors are detailed in the Company\u2019s periodic filings with the U.S. Securities and Exchange Commission.\n<\/p>\n

\"\"<\/p>\n

View source version on businesswire.com: <\/span>https:\/\/www.businesswire.com\/news\/home\/20201214005787\/en\/<\/a><\/span><\/p>\n

\nJames Moniz
\n
Chief Financial Officer
\n
(408) 986-9888\n<\/p>\n

\nClaire McAdams
\n
Investor Relations
\n
(530) 265-9899\n<\/p>\n

KEYWORDS:<\/b> California United States North America<\/p>\n

INDUSTRY KEYWORDS:<\/b> Data Management Technology Manufacturing Semiconductor Other Technology Software Other Defense Defense Contracts Engineering Hardware<\/p>\n

MEDIA:<\/b><\/p>\n\n\n\n\n
Logo<\/b><\/font><\/td>\n<\/tr>\n
\"Logo\"<\/td>\n<\/tr>\n
<\/font><\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"

Intevac Receives $5 Million EVA Digital Night-Vision Sensor Contract SANTA CLARA, Calif.–(BUSINESS WIRE)– Intevac, Inc. (Nasdaq: IVAC) announced today it has received a $5 million development contract award from Collins Aerospace in support of the U.S. Navy-funded Enhanced Visual Acuity (EVA) Program that will help U.S. Navy and Marine Corps pilots execute their missions more effectively under low-light conditions. Intevac will supply their latest ISIE19 EBAPS\u00ae digital night-vision sensor as part of the development effort. \u201cThis will be the first announced night-vision program with a future production path incorporating our latest ISIE19 EBAPS\u00ae sensor,\u201d commented Timothy Justyn, executive vice president and general manager of Intevac Photonics. \u201cWe are excited to provide the benefits this sensor brings to our naval aviators.\u201d … <\/p>\n

Continue reading “Intevac Receives $5 Million EVA Digital Night-Vision Sensor Contract”<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-399377","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nIntevac Receives $5 Million EVA Digital Night-Vision Sensor Contract - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/intevac-receives-5-million-eva-digital-night-vision-sensor-contract\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Intevac Receives $5 Million EVA Digital Night-Vision Sensor Contract - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Intevac Receives $5 Million EVA Digital Night-Vision Sensor Contract SANTA CLARA, Calif.–(BUSINESS WIRE)– Intevac, Inc. (Nasdaq: IVAC) announced today it has received a $5 million development contract award from Collins Aerospace in support of the U.S. Navy-funded Enhanced Visual Acuity (EVA) Program that will help U.S. Navy and Marine Corps pilots execute their missions more effectively under low-light conditions. Intevac will supply their latest ISIE19 EBAPS\u00ae digital night-vision sensor as part of the development effort. \u201cThis will be the first announced night-vision program with a future production path incorporating our latest ISIE19 EBAPS\u00ae sensor,\u201d commented Timothy Justyn, executive vice president and general manager of Intevac Photonics. \u201cWe are excited to provide the benefits this sensor brings to our naval aviators.\u201d … Continue reading "Intevac Receives $5 Million EVA Digital Night-Vision Sensor Contract"\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/intevac-receives-5-million-eva-digital-night-vision-sensor-contract\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2020-12-14T21:08:26+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&sty=20201214005787r1&sid=flmnd&distro=nx&lang=en\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/intevac-receives-5-million-eva-digital-night-vision-sensor-contract\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/intevac-receives-5-million-eva-digital-night-vision-sensor-contract\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"Intevac Receives $5 Million EVA Digital Night-Vision Sensor Contract\",\"datePublished\":\"2020-12-14T21:08:26+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/intevac-receives-5-million-eva-digital-night-vision-sensor-contract\\\/\"},\"wordCount\":518,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/intevac-receives-5-million-eva-digital-night-vision-sensor-contract\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/cts.businesswire.com\\\/ct\\\/CT?id=bwnews&sty=20201214005787r1&sid=flmnd&distro=nx&lang=en\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/intevac-receives-5-million-eva-digital-night-vision-sensor-contract\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/intevac-receives-5-million-eva-digital-night-vision-sensor-contract\\\/\",\"name\":\"Intevac Receives $5 Million EVA Digital Night-Vision Sensor Contract - 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