Aehr Bags Contract From EV Customer

Aehr Bags Contract From EV Customer
  • Aehr Test Systems AEHR won purchase orders from a new customer for a FOX-NPTM multi-wafer test and burn-in system, multiple WaferPak Contactors, and a FOX WaferPak Aligner for qualification of their silicon carbide devices for electric vehicles
  • The financial terms of the transaction remain undisclosed.
  • Also Read: Aehr Bags Order From New Major Supplier Of Silicon Carbide Semiconductors For EV Markets; Shares Pop
  • This company is a multibillion-dollar annual revenue global manufacturer of semiconductors that supplied silicon-based MOSFETs for the automotive industry.
  • Aehr configured the FOX system for High-Temperature Gate Bias (HTGB) and High-Temperature Reverse Bias (HTRB) stress testing and burning silicon carbide devices on 150mm and 200mm wafers using Aehr's proprietary WaferPak complete wafer Contactors. 
  • The FOX system, WaferPaks, and WaferPak Aligner will likely ship within the next six months.
  • Aehr clocked net sales of $10.7 million, up 89% in the first quarter of fiscal 2022, beating the consensus of $8.5 million. EPS of $0.05 beat the consensus of $0.01.
  • Price Action: AEHR shares traded lower by 2.99% at $14.29 on the last check Thursday.

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