Canatu receives 1-2 MEUR order for inspection membranes from existing semiconductor sector customer

Translation: Original published in Finnish on 6/5/2025 at 8:02 am EEST.

On Wednesday, Canatu announced that it had received a purchase order from an existing semiconductor industry customer to supply inspection membranes used in EUV mask inspection. The use of these membranes reduces damage to EUV optics and enhances quality control during EUV mask inspection.

The value of the purchase order is classified within the lowest quartile of the “medium” category (1.0–5.0 MEUR) outlined in Canatu’s disclosure policy.  Its size is therefore in the range of 1-2 MEUR. Revenue from the order will be fully recognized in the 2025 financial year and will therefore contribute to the revenue we have forecasted for this year (2025e: 22.8 MEUR). In our forecast, we have anticipated that of the semiconductor sector's revenue (2025e: 19.8 MEUR), just over 8 MEUR would come from the reactor business and the rest would come from inspection membranes and other revenue items.

Back in April, Canatu announced a multi-million euro joint development agreement with DENSO related to the automotive industry, and in May the company also received a small order from a customer in the defense sector. However, the growth outlook for the current year depends particularly on potential new reactor orders, which we wrote more about in our post-H2 result update.