Sivers Wireless receives $425,000 contract from top-tier SATCOM network provider
Sivers Semiconductors AB (“Sivers”; Nasdaq Stockholm: OM.SIVE) subsidiary Sivers Wireless has received a $425,000 (appox. 4.6 MSEK) development contract from a leading satellite telecommunications network provider to develop and prototype electronically-steerable flat-panel phased-arrays for ground terminals to communicate with their satellite network. The panels leverage Sivers’ industry-leading Ka-band beamformer ICs to achieve state-of-the-art performance at competitive cost points.
The array panels are developed to be integrated in terminals by a terminal vendor partner for mass production. The development contract revenue will be recognized through 2H 2023 and Q1 2024.
“I am very enthusiastic about this project as it gives Sivers an opportunity to work with a top-tier network provider which is also the actual service provider that works closely with the final end customers. Furthermore, the project directly connects Sivers into the SATCOM eco-system and supports our path towards mass production and deployments. It also serves as yet another validation of our industry-leading millimeter-wave beamformer IC technology," said Anders Storm, CEO of Sivers Semiconductors.
Ka-band technology for satellite communications has over the last years opened the market to a new range of frequencies that are more cost-effective than other bands providing higher quality, better performance, and higher data rates.
For more information please contact:
Anders Storm, Group CEO
Tel: +46 70 262 6390
E-mail: [email protected]
Sivers Semiconductors AB is a leading and internationally recognized technology company that supplies ICs and integrated modules through its two business areas Wireless and Photonics. Wireless develops mmWave products for advanced 5G systems for data and telecommunications networks and satellite communication. The portfolio includes RF transceivers, beamforming front end ICs, integrated mmwave antennas, repeaters, and software algorithms for optimum mmWave RF performance. Photonics develops and manufactures semiconductor based optical products for optical fiber networks, sensors and optical fiber communications (Li-Fi). The company is listed on Nasdaq Stockholm under SIVE. The head office is located in Kista, Sweden. For more information: http://www.sivers-semiconductors.com