Camtek Ltd. (Nasdaq: CAMT; TASE:CAMT) today announced the first sale of its new Gannet automatic optical inspection (AOI) system semiconductor industry. The sale was made in December 2009 to what the company called "a leading Asian integrated device manufacturer". Camtek did not disclose the customer's name or the size of the sale.
Camtek's share rose 12.5% by early afternoon on the TASE today to NIS 11.03. The share closed at $2.69 on Nasdaq yesterday, giving a market cap of $78 million.
Camtek said that the Gannet addresses the global trend for multiple resolution inspection at a low cost of ownership, and that it provides high sensitivity defect detection and rapid setup combined with high throughput capabilities.
The sale followed beta testing at an Israeli fab.
Camtek CEO Rafi Amit said, "The estimated annual global size of this new addressable market for Camtek, the front-end semiconductor inspection, is estimated to be in the range of $150-170 million per year."
Published by Globes [online], Israel business news - www.globes-online.com - on January 5, 2010
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