CVD Equipment Corporation Receives System Order For Production Of Nanomaterials Used In Electric Vehicle Batteries For ~$1.8M
Portfolio Pulse from Bill Haddad
CVD Equipment Corporation has received a system order worth approximately $1.8 million for the production of nanomaterials used in electric vehicle batteries.
June 26, 2023 | 9:13 pm
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CVD Equipment Corporation (CVV) has received a $1.8 million order for nanomaterial production systems used in electric vehicle batteries.
The $1.8 million order for nanomaterial production systems directly impacts CVD Equipment Corporation's revenues and indicates a growing demand for their products in the electric vehicle battery market. This is likely to have a positive short-term impact on CVV's stock price.
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