CVD Develops Advanced Fluid Reactors
November 26 2018 - 5:04PM
Business Wire
CVD Equipment Corporation (NASDAQ: CVV), a leading provider of
chemical vapor deposition systems has developed a family of
advanced Fluid Reactors based on its innovations in nanotechnology
and chemical vapor deposition technology. The Fluid Reactor is
enabled by a novel reactor core element which allows the efficient
transfer of gases into and out of liquids. The market adoption of
this technology could supplant existing hollow fiber membrane
technology for applications including filtration and liquid
gasification or degasification. One such application is blood
oxygenation cartridges, known as Extra Corporeal Membrane
Oxygenators, which are typically used during cardio pulmonary
bypass (CPB) surgery and are essential for life support. CVD has a
patent pending embodying this technology.
CVD’s advanced Fluid Reactor incorporates an open-pore cellular
network nanotechnology material having a strong bi-continuous phase
structure. Two key steps in the material manufacturing are Chemical
Vapor Deposition (CVD) growth of Carbon Nanotubes (CNTs) followed
by a Chemical Vapor Infiltration (CVI) process. “We are very
excited for the potential applications of this nanotechnology
material developed in our Applications Laboratory and we feel this
material system has significant market potential,” said Leonard
Rosenbaum, President and Chief Executive Officer.
Mr. Rosenbaum further stated that, “Nanotechnology allows us to
achieve fluid reactors having greater than a 10x active surface
area to reactor core volume ratio as compared to fluid reactors
based on traditional hollow fiber membranes. When optimally
packaged, this translates into a higher productivity rate for a
targeted fluid reaction per given fluid volume. For example, for
blood oxygenation, this should enable the building of blood
oxygenator cartridges that are more compact, have less pressure
drop and cause less damage to red blood cells, all of which could
lead to a reduction in post-surgical complications.”
About CVD Equipment Corporation
CVD Equipment Corporation (NASDAQ: CVV) designs, develops, and
manufactures a broad range of chemical vapor deposition, gas
control, and other state-of-the-art equipment and process solutions
used to develop and manufacture materials and coatings for research
and industrial applications. This equipment is used by its
customers to research, design, and manufacture these materials or
coatings for aerospace engine components, medical implants,
semiconductors, solar cells, smart glass, carbon nanotubes,
nanowires, LEDs, MEMS, and other applications. Through its
application laboratory, the Company provides process development
support and process startup assistance with the focus on enabling
tomorrow’s technologies™. It’s wholly owned subsidiary CVD
Materials Corporation provides advanced materials and metal surface
treatments and coatings to serve demanding applications in the
electronic, biomedical, petroleum, pharmaceutical, and many other
industrial markets.
The Private Securities Litigation Reform Act of 1995 provides a
“safe harbor” for forward-looking statements. Certain information
included in this press release (as well as information included in
oral statements or other written statements made or to be made by
CVD Equipment Corporation) contains statements that are
forward-looking. All statements other than statements of historical
fact are hereby identified as “forward-looking statements, “as such
term is defined in Section 27A of the Securities Exchange Act of
1933, as amended, and Section 21E of the Securities Exchange Act of
1934, as amended. Such forward looking information involves a
number of known and unknown risks and uncertainties that could
cause actual results to differ materially from those discussed or
anticipated by management. Potential risks and uncertainties
include, among other factors, conditions, success of CVD Equipment
Corporation’s growth and sales strategies, the possibility of
customer changes in delivery schedules, cancellation of orders,
potential delays in product shipments, delays in obtaining
inventory parts from suppliers and failure to satisfy customer
acceptance requirements.
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version on businesswire.com: https://www.businesswire.com/news/home/20181126005768/en/
For further information about CVD Equipment Corporation please
contact:Gina FrancoPhone : (631) 981-7081Fax : (631) 981-7095Email
: investorrelations@cvdequipment.com
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