On October 15 2025, Veeco announced that a leading optical communications laser manufacturer placed an order for multiple Lumina MOCVD systems. The order establishes Lumina as the production tool of record for InP epitaxy on 4‑inch and 6‑inch wafers.
The systems will be used to fabricate InP lasers for innovative optical communication solutions in the datacom industry. The Lumina platform incorporates MOCVD TurboDisc technology, delivering exceptional within‑wafer and wafer‑to‑wafer uniformity, batch‑to‑batch repeatability, and high throughput.
The order expands Veeco’s footprint in the high‑bandwidth optical transceiver market, which is projected to grow at a 13% CAGR to $14.7 B by 2029, driven by AI intra‑data‑center applications. Securing a production tool of record contract with a leading laser manufacturer strengthens Veeco’s position in the growing InP laser segment and supports its broader strategy to capture advanced semiconductor markets.
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