Exhibit 99.1 3560 Bassett Street, Santa Clara CA 95054 Kevin Soulsby Claire McAdams Chief Financial Officer Investor Relations (408) 986-9888 (530) 265-9899 Intevac Announces First Quarter 2024 Financial Results Santa Clara, Calif.—April 25, 2024—Intevac, Inc. (Nasdaq: IVAC) today reported financial results for the first quarter ended March 30, 2024. Q1 Highlights: • Continued strong demand for technology upgrades for hard disk drive (HDD) media resulted in sales of nearly $10 million and gross margin appro ...