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Leading European Developer of Superluminescent Light Emitting Diodes Chooses Veeco Propel GaN MOCVD Platform

January, 29, 2018

Plainview, N.Y. – Veeco Instruments Inc. (Nasdaq: VECO) announced today that EXALOS has ordered a Propel® GaN Metal Organic Chemical Vapor Deposition (MOCVD) System for the research and development of high-performance broadband superluminescent light emitting diodes (SLEDs). EXALOS, headquartered in Switzerland, is expected to receive the Propel system in the third quarter of 2018.

“Veeco’s Propel platform is uniquely qualified to provide the most capable process flexibility with the best results, all while maintaining the lowest cost-of-ownership,” said Christian Velez, Chief Executive Officer of EXALOS.  “The addition of this platform will enable us to achieve new levels of innovation and success.”

Superluminescent LEDs are semiconductor devices that emit broadband light in a highly directional beam through electrical current injection. SLEDs are a hybrid between LEDs, which emit broadband light from a surface in all directions, and semiconductor laser diodes, which emit narrowband light from a waveguide with a well-defined laser beam. SLEDs are used in medical and industrial imaging, motion control detectors, navigation, optical sensing and metrology applications. 

“With over 400,000 SLED units shipped and strong technical expertise, EXALOS is a proven leader in this space,” said Peo Hansson, Ph.D., Senior Vice President and General Manager of Veeco MOCVD Operations. “We are looking forward to working with them closely as the capability of our Propel platform, which serves a wide range of specialized applications, complements their technology and advanced product roadmap.” 

Veeco’s Propel GaN MOCVD system is designed to provide a wide process window and flexible configurations that result in handling a wide range of GaN applications ranging from Power/RF to advanced LEDs, including microLEDs, Laser Diodes, UVLEDS and SLEDs.  The system is extremely versatile to process six and eight-inch wafers in a single wafer mode, as well as two to four inch wafers in a mini-batch mode.  The Propel  reactor is based on Veeco’s TurboDisc® technology including the new IsoFlange™ and SymmHeat™ breakthrough technologies, which provide homogeneous laminar flow and uniform temperature profile across the entire wafer.

About Veeco

Veeco (NASDAQ: VECO) is a leading manufacturer of innovative semiconductor process equipment. Our proven MOCVD, lithography, laser annealing, ion beam and single wafer etch & clean technologies play an integral role in producing LEDs for solid-state lighting and displays, and in the fabrication of advanced semiconductor devices. With equipment designed to maximize performance, yield and cost of ownership, Veeco holds technology leadership positions in all these served markets. To learn more about Veeco's innovative equipment and services, visit


EXALOS AG, an ISO 9001:2015 certified company, is developing and selling near-IR SLEDs and Swept Source, with wavelengths ranging from 750 nm to 1700 nm, for biomedical imaging, fiber optic gyroscopes, test equipment and sensor industries, as well as visible SLEDS and Laser Diodes, with wavelengths ranging from 405 nm to 680 nm, for applications including novel displays, machine vision, broad-area illumination. EXALOS is headquartered in Schlieren, Switzerland. Learn more at

To the extent that this news release discusses expectations or otherwise makes statements about the future, such statements are forward-looking and are subject to a number of risks and uncertainties that could cause actual results to differ materially from the statements made. These factors include the risks discussed in the Business Description and Management's Discussion and Analysis sections of Veeco's Annual Report on Form 10-K for the year ended December 31, 2016 and in our subsequent quarterly reports on Form 10-Q, current reports on Form 8-K and press releases. Veeco does not undertake any obligation to update any forward-looking statements to reflect future events or circumstances after the date of such statements.


Veeco Media Contact:
David Pinto | 408-325-6157 |

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