YES Announces Leadership Transition as Rezwan Lateef Appointed Chief Executive Officer

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YES Announces Leadership Transition as Rezwan Lateef Appointed Chief Executive Officer

2025-12-04 03:24 Last Updated At：12-06 12:25

FREMONT, Calif.--(BUSINESS WIRE)--Dec 3, 2025--

YES (Yield Engineering Systems), a leading provider of high-performance process solutions for the semiconductor Advanced Packaging market, today announced that Rezwan Lateef has been appointed Chief Executive Officer. Mr. Lateef previously served as President of YES and has been a key driver of the company’s significant growth, global expansion, and product innovation over the past several years.

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The transition marks a natural progression for the company as it surpasses a key revenue milestone and enters its next phase of scaling with top tier semiconductor and AI computing customers.

Rama Alapati, who has served as CEO since 2021, will step into a consulting role to support Mr. Lateef during the transition period and ensure strong organizational continuity.

“Rama has played an instrumental role in elevating YES from a promising technology company into a recognized leader in Advanced Packaging,” said Rezwan Lateef. “His commitment and leadership have been central to our transformation. I am grateful for his partnership, and I am pleased that he will continue to support me during this transition.”

Under Mr. Lateef’s leadership, YES will continue strengthening its relationships with industry-leading customers and advancing technology solutions for the rapidly growing AI and High-Performance Computing markets. The company’s strategic priorities include accelerating development of new systems for next-generation packaging architectures and expanding the innovative solutions that help customers meet the demands of the rapidly growing AI and High-Performance Computing markets.

“We are very bullish and remain highly confident in the future of YES,” said Nety Krishna, Senior Managing Director, representing KCK - the company’s primary investor. “The company has invested heavily in product development and is well positioned at key customers in the rapidly expanding segment of Advanced Packaging. This leadership transition reflects our long-term commitment to supporting YES through its next stage of growth.”

Mr. Lateef added, “YES has an exceptional team, an expanding global footprint, and a clear technology roadmap aligned with the needs of our customers. I look forward to leading this next chapter as we continue to scale, innovate, and increase the value we deliver to the industry.”

The leadership transition is effective immediately.

About YES

YES is a leading provider of differentiated technologies for materials and interface engineering. YES customers are market leaders, creating next generation solutions for a variety of markets including Advanced Packaging for AI and HPC, Memory Systems, and Life Sciences. YES is a leading manufacturer of state-of-the-art cost-effective high volume production equipment for semiconductor Advanced Packaging solutions for wafers and glass panels. The company’s products include Vacuum Cure, Coat & Anneal Tools, Fluxless Reflow tools, Thru Glass Via, Cavity Etch, and Electroless Deposition tools for the semiconductor industry. Headquartered in Fremont, California, YES has a growing global presence. Please visit YES.tech.

Four astronauts await liftoff on humanity's first flight to the moon in half a century

CAPE CANAVERAL, Fla. (AP) — Four astronauts strapped into NASA's new moon rocket and awaited liftoff Wednesday on humanity’s first lunar trip in more than half a century.

The three Americans and one Canadian waved and shaped their hands into hearts as they emerged from crew quarters to cheers and said goodbye to their families. The crowd applauded and cheered again as the astronauts boarded their astrovan for the nine mile (14-kilometer) ride to the launch pad.

Commander Reid Wiseman thanked the throngs who gathered to see them off.

“It's a great day for us. It's a great day for this team,” Wiseman called out.

Tensions were high earlier in the day as hydrogen fuel started flowing into the rocket. Dangerous hydrogen leaks erupted during a countdown test earlier this year, forcing a lengthy flight delay.

To NASA's relief, no significant hydrogen leaks occurred. The launch team loaded more than 700,000 gallons of fuel (2.6 million liters) into the 32-story Space Launch System rocket on the pad, a smooth operation that set the stage for the Artemis II crew to board.

A problem cropped up with the rocket's flight-termination system with only two hours remaining in the countdown. Commands weren't getting through to the system, which is needed to send a self-destruct signal in case the rocket veers off course and threatens populated areas. But the issue was quickly resolved, according to NASA.

“It is time to fly,” Wiseman declared on the eve of launch via X. Favorable weather was forecast.

The four will fly around the moon without stopping or even orbiting — then head straight back for a Pacific splashdown. They will set a new distance record for the farthest humans have traveled from Earth as they zoom some 4,000 miles (6,400 kilometers) beyond the moon and then hang a U-turn.

Astronauts last flew to the moon during Apollo 17 in 1972.

Artemis II is the opening shot of NASA's grand plans for a permanent moon base. The space program is aiming for a moon landing near the lunar south pole in 2028.

“The next era of exploration begins,” NASA Administrator Jared Isaacman posted on X.

Best wishes already have started to pour in, including from England's King Charles III to Canadian Space Agency astronaut Jeremy Hansen.

Hansen will become the first non-U. S. citizen to launch to the moon. The crew also includes Christina Koch and Victor Glover, the first woman and first Black astronaut, respectively, destined for the moon.

“In this historic moment, you stand as a bridge between nations and generations,” the king wrote in a letter to Hansen, “and I commend you for your courage, discipline and vision that have brought you to this threshold.”

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