CVD Equipment shares surge 40.75% intraday after selling Stainless Design Concepts to Atlas Copco for $16.9M.

CVD Equipment surged 40.75% intraday, with the company announcing the sale of its Stainless Design Concepts division to Atlas Copco Group for $16.9 million in cash, generating net proceeds of approximately $15 million to enhance financial flexibility and support its core CVD equipment business. The core business, focused on semiconductor manufacturing equipment, reported $15.4 million in revenue for the first nine months of 2025, a 20.9% year-over-year increase, accounting for 73.6% of total revenue.