Sivers Semiconductors AB today announced that its subsidiary, Sivers Photonics, has received a £324,800 (SEK3.6m) government grant from Innovate UK. The grant is for its part in the SPIDAR project to develop quantum-based, LiDAR systems for driver assisted and autonomous vehicle applications.
“The SPIDAR project brings together high-profile, commercial partners such as Toshiba, Network Rail and Thales UK. We are thrilled to be involved in this project which pushes the self-driving vehicle application market forward.”, said Anders Storm, CEO of Sivers Semiconductors.
The grant comes from Innovate UK, a government funding agency. It is awarded to Sivers Photonics, a wholly owned subsidiary of Sivers Semiconductors. For more information please see: https://www.sivers-semiconductors.com/sivers-photonics/
For more information please contact:
Anders Storm, CEO
Tel: +46 70 262 6390
E-mail: [email protected]
Sivers Semiconductors is listed on Nasdaq First North Growth Market in Stockholm.
The company’s Certified Adviser is Erik Penser Bank, +46 8 463 83 00, [email protected].