Sivers Semiconductors AB today announced that its subsidiary, Sivers Photonics, has received a new optical sensing order worth approximately SEK 14m from one of its established Fortune 100 customers. The order will be delivered and billed during 2021.

The order covers one of several parallel projects for design, development and supply of semiconductor laser devices for use in advanced optical sensing applications. Sivers Photonics has been working with this key customer on projects for approximately 2.5 years.

This is the second order from this customer in 2021, at total value of some SEK 25m, which is already on the same level as during the full year 2020. Over the last 12 months the total order value now stands at some SEK 50m. I am very pleased to see that we are accelerating the number of orders and for each order the chance increases that we will be part of the future volume production for the sensors,” said Anders Storm, Group CEO of Sivers Semiconductors.

For more information please contact:
Anders Storm, Group CEO
Tel: +46 70 262 6390
[email protected]

This is information that Sivers Semiconductors AB (publ) is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the contact person set out above at 11:30 (CET) on June 10, 2021.