Key Developments

In June 2023, Oerlikon Balzers and ITP Aero entered into a ten-year agreement to utilize Oerlikon's innovative wear-resistant coating, BALORA TECH PRO, on components of the Pratt & Whitney Canada PW800 turbofan engine. These components are crucial for the propulsion systems of the newly launched Dassault Falcon 6X business jets and Gulfstream G500/G600 aircraft. This collaboration highlights the importance of advanced coatings in enhancing the performance and durability of aero engine components
In June 2022, Oerlikon, a physical vapor deposition industry, improved productivity and increased lifespan and tailored solutions, and most demanding applications within the chemicals and plastics industries and in PUR applications, these are the convincing arguments with which Oerlikon Barmag is showcasing its precision metering pumps. The focus is on the new pump for shear-sensitive conveying media and the new eccentric screw pump.
In April 2022, Veeco Instruments, a physical vapor deposition industry, unveiled its Environmental, Social, and Governance (ESG) goals for 2022 and beyond, showcasing the company’s on-going commitment to corporate social responsibility. The goals, based on feedback received from the company’s stakeholders and results of their 2021 materiality assessment, relate to climate change, product responsibility, diversity and inclusion and responsible corporate governance.
In February 2022, Veeco Instruments, a physical vapor deposition industry, announced that a mask blank supplier to the semiconductor industry has ordered Veeco’s IBD-LDD Ion Beam Deposition (IBD) System. The IBD system will be used to meet growing demand for extreme ultraviolet (EUV) mask blanks used to create semiconductor devices related to advanced logic and memory applications. This new customer is acquiring Veeco’s IBD technology for low defect EUV mask blanks intended for high volume production.