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Singulus Technologies ( (DE:SNG) ) has shared an update.
Singulus Technologies has secured a new order for its TIMARIS modular vacuum coating system from a major Asian research institute active in semiconductor technology and magnetic sensor development. The mid-single-digit million euro order, for which a down payment has already been received, reinforces Singulus’s technological leadership in specialized coating solutions for the semiconductor industry and opens up significant scaling potential through the customer’s collaborations with industrial partners, underscoring the company’s strategic foothold in high-growth high-tech markets.
The most recent analyst rating on (DE:SNG) stock is a Hold with a EUR1.50 price target. To see the full list of analyst forecasts on Singulus Technologies stock, see the DE:SNG Stock Forecast page.
More about Singulus Technologies
Singulus Technologies AG is a German engineering company specializing in high-tech manufacturing equipment, including modular vacuum coating systems. Its technologies are used in semiconductor production and adjacent high-tech markets, with applications such as the development and manufacture of magnetic sensors, positioning the company within advanced materials and electronics manufacturing value chains.
Average Trading Volume: 12,249
Technical Sentiment Signal: Strong Sell
Current Market Cap: €13.34M
For detailed information about SNG stock, go to TipRanks’ Stock Analysis page.