Full-Time
Senior Technical Project Manager
Electrical Engineering Focus
Updated on 9/4/2026
Axcelis Technologies
1,001-5,000 employees
Ion-implantation equipment and services provider
Compensation Overview
$124.1k - $186.1k/yr
Beverly, MA, USA
In Person
Bachelor's, Master's
 Project & Program Management (1) |
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- A bachelor's degree in Electrical Engineering or a related technical discipline is required.
- A minimum of 7 years of experience in electrical engineering, systems engineering, or related technical development roles is required.
- A minimum of 3 years of experience leading technical projects, engineering programs, or complex cross-functional initiatives is required.
- Experience supporting engineering projects across multiple product-lifecycle phases, including design, verification, manufacturing release, sustaining support, and product change management, is required.
- Strong understanding of electrical hardware development processes is required.
- Experience coordinating cross-functional engineering activities is required.
- Experience managing technical schedules, milestones, and deliverables is required.
- Strong organizational and problem-solving skills are required.
- Excellent verbal, written, and presentation skills are required.
- Ability to influence teams and drive results without direct management authority is required.
- Lead execution of Electrical Engineering projects from concept through product release.
- Partner with Senior Electrical Engineers and technical subject matter experts to drive project deliverables.
- Coordinate engineering activities across Electrical, Mechanical, Software, Firmware, Systems, Manufacturing, Quality, and Service organizations as required to support Electrical Engineering project goals.
- Ensure technical decisions, dependencies, risks, and action items are identified, communicated, and driven to closure.
- Facilitate project execution while maintaining alignment with scope, schedule, quality, and business objectives.
- Ensure projects follow established product development processes and design governance requirements.
- Plan, schedule, facilitate, and document technical reviews, including Requirements Reviews, Preliminary Design Reviews, Critical Design Reviews, Detailed Design Reviews, and Verification and Validation Readiness Reviews.
- Track review action items through closure.
- Drive peer review, Failure Mode and Effects Analysis, and risk-reduction activities.
- Support engineering teams in maintaining design quality and process compliance.
- Maintain project schedules, milestones, and project status within Planview and other project management tools.
- Coordinate milestone planning and technical deliverable tracking.
- Monitor project execution against commitments and identify schedule risks.
- Develop and drive recovery plans when needed.
- Escalate issues that impact technical delivery, quality, cost, or schedule performance.
- Ensure project information remains current and visible to stakeholders.
- Lead project risk identification, tracking, mitigation, and retirement planning.
- Drive issue resolution across multiple functional organizations.
- Support Engineering Change Notice and change-notification activities and design-change coordination.
- Identify organizational bottlenecks and proactively remove barriers to project execution.
- Act as a project expediter to ensure critical activities continue moving forward.
- Partner with Manufacturing, Supply Chain, Finance, Technical Publications, Product Management, Software Engineering, Mechanical Engineering, Quality, Service, and Operations teams to support successful project execution.
- Coordinate activities across organizations to ensure Electrical Engineering deliverables remain aligned with program objectives.
- Help resolve cross-functional issues that may impact project success.
- Support Electrical Engineering activities required for manufacturing release and product introduction.
- Coordinate Electrical Engineering readiness activities, technical reviews, documentation completion, and engineering deliverables.
- Partner with Manufacturing, Service, Supply Chain, and other organizations to ensure Electrical Engineering project dependencies are addressed.
- Support sustaining engineering, reliability improvements, product updates, and obsolescence activities as required.
- Provide regular project status updates to engineering leadership and project stakeholders.
- Maintain visibility into project health, key decisions, risks, dependencies, and milestone performance.
- Facilitate cross-functional meetings and drive action-oriented outcomes.
- Build working relationships across engineering and business functions.
- Help create alignment when competing priorities arise.
- A Bachelor of Science or Master of Science degree in Electrical Engineering is preferred.
- Experience in semiconductor capital equipment development is preferred.
- Experience with power distribution systems is preferred.
- Experience with high-voltage systems is preferred.
- Experience with radio-frequency power systems is preferred.
- Experience supporting printed circuit board design and development activities is preferred.
- Experience leading technical design reviews is preferred.
- Experience with requirements management, verification planning, and validation activities is preferred.
- Experience with engineering change management processes is preferred.
- Experience with Failure Mode and Effects Analysis, risk management, and structured product development methodologies is preferred.
- Experience using project management tools and project data to monitor schedule performance, identify risks, and support project execution is preferred.
- Experience with Planview, Jama, Jira, Microsoft Project, or similar tools is preferred.
Axcelis Technologies supplies ion implantation equipment and related services for semiconductor manufacturing. Its ion implantation systems modify wafer materials by inserting ions, with aftermarket support, spare parts, upgrades, maintenance, and training to keep production running. The company differentiates itself through a 40+ year track record, a focused portfolio on ion implantation, a global service network, and close collaboration with customers to tailor solutions. Its goal is to help leading chipmakers improve device performance and manufacturing efficiency through reliable equipment and ongoing technical support.
Company Size
1,001-5,000
Company Stage
IPO
Headquarters
Beverly, Massachusetts
Founded
1978
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Simplify's Take
What believers are saying
- Q2 2026 revenue reached $215.2 million, and management raised full-year growth guidance.
- Aftermarket revenue hit $82.8 million in Q2 2026, lifting margin stability.
- Pyeongtaek production starts in 2H 2028, expanding capacity for semiconductor-cycle upturns.
What critics are saying
- China delivered 46% of Q2 2026 revenue, exposing Axcelis to Beijing policy shocks.
- Veeco merger approval still hinges on SAMR; September 30, 2026 creates breakup pressure.
- Memory and power digestion can abruptly hit orders; prolonged weakness threatens standalone growth.
What makes Axcelis Technologies unique
- Axcelis dominates ion implantation, a niche process competitors rarely optimize deeply.
- Purion and MUSIC boost wafer throughput for mature nodes, DRAM, HBM, and power devices.
- The new Pyeongtaek facility deepens Korea customer support and manufacturing speed.
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Benefits
Hybrid Work Options
Company News
Axcelis Technologies will invest $35 million to build a new ion implantation equipment manufacturing facility in Pyeongtaek, South Korea. The 200,000-square-foot site will feature warehousing, cleanrooms, and a training centre designed to support growing global semiconductor demand. President and CEO Russell Low said the investment reflects Axcelis' commitment to strengthening its global manufacturing infrastructure. The facility will enhance the company's ability to serve customers worldwide, building on its established presence in Korea. Production at the new manufacturing centre is scheduled to begin in the second half of 2028. A groundbreaking ceremony is planned for 20 October 2026. Axcelis, headquartered in Beverly, Massachusetts, supplies ion implantation solutions for the semiconductor industry.
South Korea says US companies to invest US$2 billion in chip, energy sectors. Published Fri, Sep 4, 2026 · 08:58 AM * (From left) South Korean Industry Minister Kim Jung Kwan with US Commerce Secretary Howard Lutnick at a G20 meeting in Chapel Hill, North Carolina, Sep 2, 2026. PHOTO: EPA [SEOUL] Four US companies have committed a combined US$2 billion of investment in South Korea across semiconductors, advanced materials and energy, Seoul's Industry Ministry said on Friday (Sep 4). The investments were announced during a ceremony attended by Industry Minister Kim Jung Kwan in Washington on Thursday, according to a ministry press release. US industrial gases supplier Air Products will expand semiconductor gas and rare gas facilities in Pyeongtaek, and chip equipment maker Axcelis will expand production of ion implantation systems in South Korea, the ministry said. Materials company Corning will invest in advanced glass and other materials used in displays and semiconductors, and renewable energy developer Pacifico Energy will advance a 3.2-gigawatt offshore wind project in the country's south-west expected to host a new chips cluster, according to the press release. REUTERS Share with us your feedback on BT's products and services
Reinhart Partners LLC. has $175.94 million stock position in Axcelis Technologies, Inc. $ACLS. August 8, 2026 Key points. * Reinhart Partners cut its Axcelis Technologies stake by 44% in the second quarter, selling 729,085 shares. It still owned 928,660 shares worth about $175.9 million, representing 4% of its portfolio and 3.02% of ACLS. * Axcelis beat second-quarter estimates and raised its outlook. Revenue increased 10.6% year over year to $215.2 million, while non-GAAP EPS reached $1.06 versus the $0.89 consensus; Q3 guidance also exceeded expectations and full-year 2026 revenue growth was raised to the mid-single digits. * Market sentiment remains mixed. Craig Hallum downgraded the stock to Hold with a $140 target, while analysts overall assign an average Hold rating and $132.20 target; insiders have also sold more than 26,000 shares over the past 90 days. * MarketBeat previews top five stocks to own in September. Reinhart Partners LLC. trimmed its stake in Axcelis Technologies, Inc. (NASDAQ:ACLS - Free Report) by 44.0% in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 928,660 shares of the semiconductor company's stock after selling 729,085 shares during the period. Axcelis Technologies accounts for approximately 4.0% of Reinhart Partners LLC.'s holdings, making the stock its 3rd largest position. Reinhart Partners LLC. owned about 3.02% of Axcelis Technologies worth $175,938,000 as of its most recent SEC filing. A number of other institutional investors also recently bought and sold shares of ACLS. REAP Financial Group LLC bought a new stake in Axcelis Technologies during the fourth quarter valued at about $25,000. EverSource Wealth Advisors LLC raised its stake in shares of Axcelis Technologies by 145.1% in the second quarter. EverSource Wealth Advisors LLC now owns 451 shares of the semiconductor company's stock worth $31,000 after buying an additional 267 shares during the period. Advisory Services Network LLC bought a new position in shares of Axcelis Technologies in the third quarter worth about $32,000. Leonteq Securities AG purchased a new position in shares of Axcelis Technologies during the 4th quarter valued at about $40,000. Finally, Clearstead Advisors LLC lifted its position in shares of Axcelis Technologies by 197.1% during the 4th quarter. Clearstead Advisors LLC now owns 719 shares of the semiconductor company's stock valued at $58,000 after buying an additional 477 shares in the last quarter. 89.98% of the stock is owned by institutional investors. Axcelis Technologies news roundup. Here are the key news stories impacting Axcelis Technologies this week: * Positive Sentiment: Q2 earnings and revenue beat estimates. Axcelis reported revenue of $215.2 million, up 10.6% year over year, while non-GAAP diluted EPS was $1.06 versus the $0.89 consensus estimate. Non-GAAP gross and operating margins were 42.7% and 14.7%, respectively. Axcelis Announces Financial Results for Second Quarter 2026 * Positive Sentiment: Q3 guidance exceeded analyst expectations. Management forecast EPS of approximately $1.11 and revenue of $230 million, above consensus estimates of $1.01 and $214.8 million. The company also raised its full-year 2026 outlook to mid-single-digit revenue growth, improving visibility for investors. Axcelis expects Q3 2026 EPS of about $1.11 as it lifts full-year 2026 outlook * Neutral Sentiment: Investors are weighing the semiconductor capital-spending outlook. Recent analysis highlights Axcelis's exposure to the ongoing chip-manufacturing buildout but questions whether the equipment-spending cycle can continue supporting growth. This remains an important longer-term factor for ACLS. Can Axcelis Technologies Keep Riding the Semiconductor Capital Spending Wave? * Negative Sentiment: Craig Hallum downgraded ACLS from Buy to Hold and assigned a $140 price target, suggesting limited near-term upside at the time of the report. The downgrade may temper enthusiasm following the earnings beat, particularly given the stock's elevated valuation and recent volatility. Finviz Insider buying and selling at Axcelis Technologies. In other news, VP Todd Sutton sold 2,000 shares of Axcelis Technologies stock in a transaction that occurred on Wednesday, May 27th. The shares were sold at an average price of $159.99, for a total transaction of $319,980.00. Following the sale, the vice president owned 6,360 shares in the company, valued at $1,017,536.40. This trade represents a 23.92% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, Director Necip Sayiner sold 1,586 shares of the business's stock in a transaction on Wednesday, June 3rd. The stock was sold at an average price of $157.44, for a total transaction of $249,699.84. Following the completion of the transaction, the director directly owned 7,112 shares in the company, valued at $1,119,713.28. This trade represents a 18.23% decrease in their position. The SEC filing for this sale provides additional information. Over the last 90 days, insiders sold 26,083 shares of company stock worth $4,001,032. Insiders own 0.49% of the company's stock. Analyst upgrades and downgrades. Several research firms recently issued reports on ACLS. B. Riley Financial raised shares of Axcelis Technologies from a "neutral" rating to a "buy" rating and set a $150.00 target price for the company in a report on Monday, April 20th. Zacks Research raised shares of Axcelis Technologies from a "strong sell" rating to a "hold" rating in a report on Monday, April 20th. Weiss Ratings lowered shares of Axcelis Technologies from a "hold (c)" rating to a "hold (c-)" rating in a research report on Tuesday, May 12th. Craig Hallum lowered shares of Axcelis Technologies from a "buy" rating to a "hold" rating and set a $140.00 price target for the company. in a research report on Friday. Finally, Bank of America increased their price objective on shares of Axcelis Technologies from $130.00 to $156.00 and gave the stock an "underperform" rating in a research note on Tuesday, June 23rd. Three research analysts have rated the stock with a Buy rating, three have given a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, the stock presently has an average rating of "Hold" and an average target price of $132.20. Axcelis Technologies stock performance. NASDAQ ACLS opened at $140.27 on Friday. The company has a quick ratio of 2.99, a current ratio of 4.90 and a debt-to-equity ratio of 0.04. Axcelis Technologies, Inc. has a twelve month low of $73.60 and a twelve month high of $193.78. The business has a 50-day moving average price of $152.46 and a 200-day moving average price of $124.32. The firm has a market cap of $4.31 billion, a price-to-earnings ratio of 47.07, a price-to-earnings-growth ratio of 9.68 and a beta of 1.92. Axcelis Technologies (NASDAQ:ACLS - Get Free Report) last issued its earnings results on Thursday, August 6th. The semiconductor company reported $1.06 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.89 by $0.17. Axcelis Technologies had a return on equity of 11.69% and a net margin of 10.71%.The company had revenue of $215.18 million for the quarter, compared to the consensus estimate of $205.03 million. During the same quarter last year, the company earned $1.13 EPS. The firm's quarterly revenue was up 10.6% on a year-over-year basis. Axcelis Technologies has set its Q3 2026 guidance at 1.110-1.110 EPS. As a group, equities research analysts predict that Axcelis Technologies, Inc. will post 3.21 EPS for the current fiscal year. About Axcelis Technologies. Axcelis Technologies, Inc is a leading developer and manufacturer of ion implantation and cleaning equipment used in the fabrication of semiconductor chips. The company specializes in high-current, medium-current and high-energy ion implantation systems, which are critical for introducing precisely controlled dopants into silicon wafers. Axcelis also offers plasma-based cleaning and dry strip tools that support advanced process nodes in logic, memory and power device manufacturing. The company's product portfolio encompasses single-wafer and multi-wafer cluster tools designed to deliver high throughput, accuracy and uniformity for semiconductor process steps. Want to see what other hedge funds are holding ACLS? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Axcelis Technologies, Inc. (NASDAQ:ACLS - Free Report). This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to [email protected]. Continue following MarketBeat Before you consider Axcelis Technologies, you'll want to hear this. MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Axcelis Technologies wasn't on the list. While Axcelis Technologies currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys. MarketBeat just released its list of the 7 hottest IPOs expected to hit Wall Street in 2026. 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Axcelis Technologies reported second-quarter 2026 revenue of $215 million and non-GAAP EPS of $1.06, exceeding expectations. The semiconductor equipment manufacturer raised its full-year outlook to mid-single-digit revenue growth, up from previously flat projections. Growth in power and mature-node markets offset weaker memory revenue. China accounted for 46% of quarterly revenue, whilst backlog stood at $452 million. Bookings totalled $131 million with a book-to-bill ratio of approximately 1.0. The company expects third-quarter revenue of approximately $230 million and non-GAAP EPS of $1.11. Management anticipates improving demand through 2027, particularly in memory, silicon carbide and mature-node applications. Axcelis's pending merger with Veeco remains on track to close in the second half of 2026, subject to regulatory approvals including from China's State Administration for Market Regulation.
Axcelis Technologies, which specialises in ion-implantation equipment for semiconductor fabrication including AI chips, has seen its stock price more than double year to date. The company delivered 3% year-over-year revenue growth in Q1, with low growth attributed to declining sales in Power and General Mature markets. However, substantial sequential growth in the memory industry drove positive results, with CEO Russell Low citing strong momentum in the customer support and innovation segment. Whilst revenue growth is expected to remain flat throughout 2026, analysts anticipate acceleration in 2027 as memory demand increases. Axcelis is merging with Veeco Instruments, which has also doubled year to date, to expand its services portfolio beyond ion implantation into complementary areas like laser annealing for AI infrastructure.