CyberOptics Receives New Orders for Memory Module and Micro LED Inspection and Metrology Systems
CyberOptics Corporation (CYBE)
Last cyberoptics corporation earnings: 2/19 04:00 pm
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Source: Business Wire
MINNEAPOLIS--(BUSINESS WIRE)--CyberOptics Corporation® (Nasdaq: CYBE), a leading global developer and manufacturer of high precision 3D sensing technology solutions, today announced that it has received orders valued at approximately $2.8 million for its 2D MX600™ system for post-singulation inspection of memory modules. CyberOptics presently anticipates that these orders will become revenue in the third quarter of 2020.In addition, CyberOptics has also received an order valued at approximately $1.2 million for its Multi-Reflection Suppression™ (MRS™) enabled SQ3000™ Multi-Function systems for Automated Optical Inspection (AOI), Solder Paste Inspection (SPI) and Coordinate Measurements (CMM). The systems, which will be used in the scale up for production of micro LED-based technology, are expected to become revenue in the second quarter of 2020. CyberOptics anticipates that it will receive additional orders for its SQ3000 Multi-Function systems for inspection and metrology related
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