Veeco Adds New MBE Deployments in Denmark and South Korea

Insider Brief

• Veeco Instruments secured new MBE system wins with Sparrow Quantum in Denmark and Yeungnam University in South Korea to support advanced quantum research.
• Sparrow Quantum will use Veeco’s GENxcel system to develop high-performance quantum dot single-photon emitters, while Yeungnam University will deploy the GEN10 system for quantum dot and nanostructure research.
• These deployments add to Veeco’s global footprint of more than 30 MBE systems used in quantum technology development amid rising global investment in quantum computing.
• Photo from Pexels by Rostislav Uzunov.

PRESS RELEASE — Veeco Instruments Inc. (NASDAQ: VECO), a global leader in advanced semiconductor and compound semiconductor process equipment, today announced wins with Sparrow Quantum (Denmark) and Yeungnam University (South Korea), who have selected Veeco’s Molecular Beam Epitaxy (MBE) systems to strengthen their cutting-edge quantum research.

These selections reinforce Veeco’s position as a trusted enabler of quantum innovation, with more than 30 systems installed worldwide for quantum technology development.

Sparrow Quantum, a leader in quantum photonics, selected Veeco’s cutting-edge GENxcel R&D MBE system to support its development of high-performance quantum dot single-photon emitters. The partnership will support the growing market of photonic quantum computing and quantum communication.

Yeungnam University, a leading academic institution in South Korea, will utilize Veeco’s GEN10 MBE technology to expand its research capabilities in quantum dots and nanostructures. The system will support a broad range of initiatives aimed at developing next-generation quantum technologies.

According to McKinsey and Company, public and private investment into quantum computing startups totaled $2 billion in 2024. Moreover, public investment announcements have accelerated to reach $10 billion in early 2025. As global momentum builds, Veeco is partnering with leading quantum innovators to tackle complex materials science challenges. Through its advanced MBE and atomic layer deposition solutions, Veeco empowers researchers to push the boundaries of quantum device performance, scalability, and commercialization.

“These wins reflect Veeco’s commitment to advancing quantum computing through precision thin-film deposition,” said Matthew Marek, Senior Director of Marketing for Veeco’s MBE Product Line, “Our systems are trusted by top quantum innovators worldwide for delivering the material quality, process control, and scalability essential to push the boundaries of quantum materials, from early-stage R&D to scalable device production.”