Veeco Awarded $4M in R&D Matching Funds from DOE for SSL Manufacuturing
Source/Type: News - Staff reports

Author: CompoundSemi News Staff

January 25, 2010... Veeco Instruments Inc.was awarded $4 million in R&D matching funds from the American Recovery and Reinvestment Act by the U.S. Department of Energy for solid state lighting projects. The company of Plainview, New York USA, produces metal organic chemical vapor deposition (MOCVD) systems. Veeco is among 8 companies to share in $23.5 million for research and development of manufacturing equipment, processes, or monitoring techniques used in the production of solid state lighting. The research and development efforts among the eight companies is focused on achieving significant cost reductions and enhanced quality of solid state lighting products. (Ref: LIGHTimes Article).

Congressman Rush Holt, who represents New Jersey’s 12th Congressional District commented, “In a few years, LED lighting will be everywhere, and New Jersey should be in the forefront of creating the jobs that will make it happen”

Veeco’s proposal was aimed at driving down the cost of high brightness LEDs through the advancement of its metal organic chemical vapor deposition (MOCVD) technology. Veeco says that the overall objective of its two year program is to develop high-volume MOCVD systems that provide a 4X reduction in the cost of epitaxial growth for LED devices, with the ultimate goal of a 10X reduction in LED costs. Veeco will partner with Sandia National Laboratories on this project.

According to John Peeler, Veeco’s CEO, "The funding will support the retention and creation of jobs in Veeco’s Plainview, N.Y. and Somerset, N.J. facilities." Veeco News Release

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