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22 January 2024

Sivers Photonics receives $860,000 follow-up orders from US Fortune 100 customer

IC and integrated module supplier Sivers Semiconductors AB of Kista, Sweden says that its subsidiary Sivers Photonics of Glasgow, Scotland, UK has received new orders and requests worth about $860,000 (SEK9m) from its first established US Fortune 100 customer, estimated to be delivered mostly during first-half 2024 (including some contingency planning that up to 25% that may be delivered later). This work will cover design optimization and the supply of at about 50,000 semiconductor laser devices for further system testing for use in advanced optical sensing applications. This is a follow-up to the 30,000 device shipment order made at the end of second-quarter 2023. Sivers Photonics has been working with this key customer for over five years and has invested more than $17m on development. “In 2023 we got the first, larger prototype order, and we are now adding some design changes to deliver more prototypes for further system testing,” says Sivers Semiconductors’ group CEO Anders Storm. “The customer is making progress in their project and is getting closer to the volume phase, which strengthens our belief in a favorable future volume phase.” See related items:

Sivers receives $1m in orders for advanced optical sensing in LiDAR, medical and industrial applications

Sivers Photonics receives $1m follow-on order for optical sensing lasers

Sivers Photonics receives SEK14m follow-up order from Fortune 100 customer



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