Meyer Burger awarded strategic contracts with a combined order volume of about CHF 14 million for its industrialised diamond wire based DW 288 Sapphire cutting system

Gwatt (Thun) – Meyer Burger Technology Ltd (SIX Swiss Exchange: MBTN) announced today that it has successfully concluded strategically important contracts with two existing customers in Asia for the delivery of its high precision industrial DW 288 Sapphire cutting platform for slicing and wafering applications in specialised non-PV technologies. Meyer Burger surpassed well-known regional and international competitors for the contracts with its extensive expertise in exact cutting technologies and based on the excellent experience the customers have had with Meyer Burger’s highly motivated, professional and solution-oriented employees in previous projects.

The total contractual value of both orders is about CHF 14 million. The orders comprise installation, on-site training and service of the industry-leading DW 288 Sapphire cutting platform. Delivery of the system solutions is scheduled for the second quarter 2018.