Sivers Semiconductors AB (publ) (“Sivers”) today announces that its business unit, Sivers Wireless, has been granted 496,070 Euro within PARALIA, a new ambitious EU HORIZON Research and Innovation Actions Project launched on January 1st 2023 that aims to develop fundamental innovations in the field of automotive and aerospace applications. The project is coordinated by Aristotle University of Thessaloniki in Greece and will be running throughout the period of January 2023 to June 2026. The total EU funding for PARALIA amounts to 4,995,910 Euro.