CVD Equipment Corporation Completes Sale of SDC Division

CVD Equipment Corporation has completed the sale of its Stainless Design Concepts (SDC) business division to a subsidiary of Atlas Copco Group for approximately $16.9 million. The transaction, which closed on April 1, 2026, involved the sale of substantially all SDC assets, with the buyer assuming certain specified liabilities. A portion of the purchase price, $900,000, has been placed in escrow for post-closing adjustments. CVD Equipment Corporation will retain its Saugerties, New York facility and has entered into a two-year lease agreement with the buyer for this location. The company expects to use the proceeds to enhance financial flexibility and support strategic initiatives. Pro forma financial information indicates a net loss for the years ended December 31, 2025, and 2024, reflecting the impact of the SDC division sale.