{"id":906169,"date":"2025-11-05T17:36:09","date_gmt":"2025-11-05T22:36:09","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/veeco-receives-propel300-mocvd-system-order-from-leading-gan-on-si-power-semiconductor-idm\/"},"modified":"2025-11-05T17:36:09","modified_gmt":"2025-11-05T22:36:09","slug":"veeco-receives-propel300-mocvd-system-order-from-leading-gan-on-si-power-semiconductor-idm","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/veeco-receives-propel300-mocvd-system-order-from-leading-gan-on-si-power-semiconductor-idm\/","title":{"rendered":"Veeco Receives Propel\u00ae300 MOCVD System Order From Leading GaN-on-Si Power Semiconductor IDM"},"content":{"rendered":"<h2>\nSupports Rapidly Growing GaN Device Market Driven by Demand for Power Efficiency for Data Center, Industrial, and Automotive Applications<br \/>\n<\/h2>\n<div class=\"mw_release\">\n<p>PLAINVIEW, N.Y., Nov.  05, 2025  (GLOBE NEWSWIRE) &#8212; Veeco Instruments Inc. (NASDAQ: VECO) announced today receipt of an order for a Propel\u00ae300 system from a major power semiconductor integrated device manufacturer (IDM) for gallium nitride (GaN) epitaxy on 300mm silicon (Si) wafers. This order cements Veeco\u2019s position as a leader in 300mm MOCVD technology, building on years of experience including previous shipments of the Propel\u00ae300 platform for various applications across the compound semiconductor industry.<\/p>\n<p>\u201cQualifying Propel\u00ae300 for 300mm GaN-on-Si epitaxy for power devices is a significant achievement in the path to widespread adoption of GaN technology,\u201d commented Anil Vijayendran, Vice President, MOCVD Product Line Management. \u201cMoving from 200mm to 300mm enables customers to achieve 2.3 times more chips per wafer, while allowing them to use existing 300mm production lines, and ultimately lower their device costs\u201d<\/p>\n<p>GaN\u2019s high efficiency and superior thermal and switching properties, which can significantly reduce device and overall system size and weight, are accelerating its adoption in power semiconductor manufacturing. According to Yole Group, the GaN device market is expected to grow at a 35% CAGR from $555M in 2025 to $2.5B in 2030. Key to this growth will be the increased adoption of GaN technology in automotive, industrial, and data center applications, where the continuously rising power consumption requirements of AI workloads are fueling demand for more efficient power supplies.<\/p>\n<p>Featuring Veeco\u2019s proven MOCVD TurboDisc technology, Propel\u00ae300 combines exceptional performance with fully automated wafer handling to provide not only best-in-class thickness and doping uniformity but also low defectivity and high productivity. These benefits, together with its industry-renowned ease of use and long campaigns that do not require in-situ cleaning, contribute to Propel\u00ae300\u2019s low cost of ownership per wafer.<\/p>\n<p>\n        <strong>About Veeco<\/strong>\n      <\/p>\n<p>Veeco (NASDAQ: VECO) is an innovative manufacturer of semiconductor process equipment. Our laser annealing, ion beam, metal organic chemical vapor deposition (MOCVD), single wafer etch &amp; clean and lithography technologies play an integral role in the fabrication and packaging of advanced semiconductor devices. With equipment designed to optimize performance, yield and cost of ownership, Veeco holds leading technology positions in the markets we serve. To learn more about Veeco\u2019s systems and service offerings, visit\u00a0<a href=\"https:\/\/www.globenewswire.com\/Tracker?data=_eDIGo43Wcp3Fdz1X02_mMsNA5FE-akFpAeBeXsRzfRQJBxiEmfnve-IqYOU-QXVsxq4i_LpQ09ExQ7hRqSFDYXkSIOMZWb971bkE7cjFIjqdagWAYndX8uMkMpSq6jbeK0FQ_mXicK5W5fGgHsY_mXOZ_WYWbZampBXWbpzsEGUqB1KpdGBC6RccOrhx-rbkA3o8dSeQMnGCCK4UOnigZLK3dFB0_ISW1XeySRqb4g=\" rel=\"nofollow\" target=\"_blank\">www.veeco.com<\/a>.<\/p>\n<p>\n        <em>To the extent that this news release discusses expectations or otherwise makes statements about the future, such statements are forward-looking and are subject to a number of risks and uncertainties that could cause actual results to differ materially from the statements made. These factors include the risks discussed in the Business Description and Management&#8217;s Discussion and Analysis sections of Veeco&#8217;s Annual Report on Form 10-K for the year ended December 31, 2024 and in our subsequent quarterly reports on Form 10-Q, current reports on Form 8-K and press releases. Veeco does not undertake any obligation to update any forward-looking statements to reflect future events or circumstances after the date of such statements.<\/em>\n      <\/p>\n<p>\n        <strong>Veeco Contacts:<\/strong><br \/>\n        <br \/>Investors: Alex Delacroix | (516) 528-1020 |\u00a0<a href=\"https:\/\/www.globenewswire.com\/Tracker?data=tU_AxK4o4iwLK45SaHph3Mq5tag9pcV0J0G_DM4O011JjnNFRnWsbPb5Wa6YmH9m9QCVF6S970Jxcsw5BzcmT-Zq8u1vf3dVDRCibEkAA4c=\" rel=\"nofollow\" target=\"_blank\">adelacroix@veeco.com<\/a><br \/>Media: Brenden Wright | (410) 984-2610 |\u00a0<a href=\"https:\/\/www.globenewswire.com\/Tracker?data=ydU-Ikc0kUR0lM0tgfoPMXqSb2t6MaR2qrhvG7OHdCNBJGfO1KNmG8LORHdxaBA1FDkdeICJaSQHkyKr4BOqjCSZr90s7Hi6ABN_nBrs7TrEmfcYzpQJjLLVTGJKu0elEsObmPZR9_O6lIB8A6tyVS2KL-U9cHHBUYV2uBmZmAAase8S5JFUTetDLeqV4qbxAt7clR3BzCHV7MmGZwq4RrwtGvjHoWnE7xrGk8vv2ItHEtc8FqipYfaLSwGbFKOURMAz5-rfIMlzjcSRrNg0UA==\" rel=\"nofollow\" target=\"_blank\">bwright@veeco.com<\/a><\/p>\n<p>      <img decoding=\"async\" alt=\"\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=OTU2OTEzMyM3MjQ0MTg2IzIwMDY1NTE=\" \/><br \/>\n      <br \/>\n      <img decoding=\"async\" alt=\"\" src=\"https:\/\/ml.globenewswire.com\/media\/OGFlYWQwODAtMThmNi00NzZlLWJhMWMtMDI1NmYwYmI1N2Q2LTEwMTgxMjQtMjAyNS0xMS0wNS1lbg==\/tiny\/Veeco-Instruments-Inc-.png\" \/>\n    <\/div>\n<div class=\"mw_contactinfo\"><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Supports Rapidly Growing GaN Device Market Driven by Demand for Power Efficiency for Data Center, Industrial, and Automotive Applications PLAINVIEW, N.Y., Nov. 05, 2025 (GLOBE NEWSWIRE) &#8212; Veeco Instruments Inc. (NASDAQ: VECO) announced today receipt of an order for a Propel\u00ae300 system from a major power semiconductor integrated device manufacturer (IDM) for gallium nitride (GaN) epitaxy on 300mm silicon (Si) wafers. This order cements Veeco\u2019s position as a leader in 300mm MOCVD technology, building on years of experience including previous shipments of the Propel\u00ae300 platform for various applications across the compound semiconductor industry. \u201cQualifying Propel\u00ae300 for 300mm GaN-on-Si epitaxy for power devices is a significant achievement in the path to widespread adoption of GaN technology,\u201d commented Anil Vijayendran, Vice President, &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/veeco-receives-propel300-mocvd-system-order-from-leading-gan-on-si-power-semiconductor-idm\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Veeco Receives Propel\u00ae300 MOCVD System Order From Leading GaN-on-Si Power Semiconductor IDM&#8221;<\/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-906169","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Veeco Receives Propel\u00ae300 MOCVD System Order From Leading GaN-on-Si Power Semiconductor IDM - 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\/veeco-receives-propel300-mocvd-system-order-from-leading-gan-on-si-power-semiconductor-idm\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Veeco Receives Propel\u00ae300 MOCVD System Order From Leading GaN-on-Si Power Semiconductor IDM - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Supports Rapidly Growing GaN Device Market Driven by Demand for Power Efficiency for Data Center, Industrial, and Automotive Applications PLAINVIEW, N.Y., Nov. 05, 2025 (GLOBE NEWSWIRE) &#8212; Veeco Instruments Inc. (NASDAQ: VECO) announced today receipt of an order for a Propel\u00ae300 system from a major power semiconductor integrated device manufacturer (IDM) for gallium nitride (GaN) epitaxy on 300mm silicon (Si) wafers. This order cements Veeco\u2019s position as a leader in 300mm MOCVD technology, building on years of experience including previous shipments of the Propel\u00ae300 platform for various applications across the compound semiconductor industry. \u201cQualifying Propel\u00ae300 for 300mm GaN-on-Si epitaxy for power devices is a significant achievement in the path to widespread adoption of GaN technology,\u201d commented Anil Vijayendran, Vice President, &hellip; Continue reading &quot;Veeco Receives Propel\u00ae300 MOCVD System Order From Leading GaN-on-Si Power Semiconductor IDM&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/veeco-receives-propel300-mocvd-system-order-from-leading-gan-on-si-power-semiconductor-idm\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2025-11-05T22:36:09+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=OTU2OTEzMyM3MjQ0MTg2IzIwMDY1NTE=\" \/>\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\\\/veeco-receives-propel300-mocvd-system-order-from-leading-gan-on-si-power-semiconductor-idm\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/veeco-receives-propel300-mocvd-system-order-from-leading-gan-on-si-power-semiconductor-idm\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"Veeco Receives Propel\u00ae300 MOCVD System Order From Leading GaN-on-Si Power Semiconductor IDM\",\"datePublished\":\"2025-11-05T22:36:09+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/veeco-receives-propel300-mocvd-system-order-from-leading-gan-on-si-power-semiconductor-idm\\\/\"},\"wordCount\":518,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/veeco-receives-propel300-mocvd-system-order-from-leading-gan-on-si-power-semiconductor-idm\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.globenewswire.com\\\/newsroom\\\/ti?nf=OTU2OTEzMyM3MjQ0MTg2IzIwMDY1NTE=\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/veeco-receives-propel300-mocvd-system-order-from-leading-gan-on-si-power-semiconductor-idm\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/veeco-receives-propel300-mocvd-system-order-from-leading-gan-on-si-power-semiconductor-idm\\\/\",\"name\":\"Veeco Receives Propel\u00ae300 MOCVD System Order From Leading GaN-on-Si Power Semiconductor IDM - 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(NASDAQ: VECO) announced today receipt of an order for a Propel\u00ae300 system from a major power semiconductor integrated device manufacturer (IDM) for gallium nitride (GaN) epitaxy on 300mm silicon (Si) wafers. This order cements Veeco\u2019s position as a leader in 300mm MOCVD technology, building on years of experience including previous shipments of the Propel\u00ae300 platform for various applications across the compound semiconductor industry. \u201cQualifying Propel\u00ae300 for 300mm GaN-on-Si epitaxy for power devices is a significant achievement in the path to widespread adoption of GaN technology,\u201d commented Anil Vijayendran, Vice President, &hellip; Continue reading \"Veeco Receives Propel\u00ae300 MOCVD System Order From Leading GaN-on-Si Power Semiconductor IDM\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/veeco-receives-propel300-mocvd-system-order-from-leading-gan-on-si-power-semiconductor-idm\/","og_site_name":"Market Newsdesk","article_published_time":"2025-11-05T22:36:09+00:00","og_image":[{"url":"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=OTU2OTEzMyM3MjQ0MTg2IzIwMDY1NTE=","type":"","width":"","height":""}],"author":"Newsdesk","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Newsdesk","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/veeco-receives-propel300-mocvd-system-order-from-leading-gan-on-si-power-semiconductor-idm\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/veeco-receives-propel300-mocvd-system-order-from-leading-gan-on-si-power-semiconductor-idm\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"Veeco Receives Propel\u00ae300 MOCVD System Order From Leading GaN-on-Si Power Semiconductor IDM","datePublished":"2025-11-05T22:36:09+00:00","mainEntityOfPage":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/veeco-receives-propel300-mocvd-system-order-from-leading-gan-on-si-power-semiconductor-idm\/"},"wordCount":518,"image":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/veeco-receives-propel300-mocvd-system-order-from-leading-gan-on-si-power-semiconductor-idm\/#primaryimage"},"thumbnailUrl":"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=OTU2OTEzMyM3MjQ0MTg2IzIwMDY1NTE=","inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/veeco-receives-propel300-mocvd-system-order-from-leading-gan-on-si-power-semiconductor-idm\/","url":"https:\/\/www.marketnewsdesk.com\/index.php\/veeco-receives-propel300-mocvd-system-order-from-leading-gan-on-si-power-semiconductor-idm\/","name":"Veeco Receives Propel\u00ae300 MOCVD System Order From Leading GaN-on-Si Power Semiconductor IDM - 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