AMTECH SYSTEMS Business Summary

Amtech Systems Inc. (ASYS) generates revenue through the design and manufacture of capital equipment, consumables, and aftermarket services for the global semiconductor industry. The company operates through two primary business segments: Thermal Processing Solutions (TPS), which provides conveyorized reflow systems and high-temperature furnaces for AI packaging and power electronics, and Semiconductor Fabrication Solutions (SFS), which focuses on wafer polishing consumables and fabrication equipment. As of early 2026, the company has successfully pivoted toward AI infrastructure, with AI-related equipment sales now contributing 35% of TPS revenue. Amtech competes directly with firms such as CVD Equipment Corporation, Rehm Thermal Systems, Heller Industries, and inTEST Corporation, positioning itself as a specialized, asset-light provider focused on high-growth niches like Silicon Carbide (SiC) and advanced panel-level packaging. Originally founded in 1981 by Jong S. Whang as Quartz Engineering & Materials, Amtech is currently led by Robert C. Daigle, who serves as Chairman, President, and CEO. Daigle brings a deep technical pedigree to the role, having previously spent 30 years at Rogers Corporation, where he served as Chief Technology Officer. The executive team is further supported by Interim CFO and Secretary Mark D. Weaver, a former senior finance executive at Rogers Corporation and NXP Semiconductors. The company's governance is overseen by a board of experienced independent directors, including Lead Independent Director Robert M. Averick, a veteran portfolio manager at Kokino LLC, and Michael Garnreiter, who also serves as Chairman of Axon Enterprise.