The $5.4M program will support the development of a next-generation highly-integrated beamforming transceiver for a variety of mmWave telecom applications

KISTA, Sweden, Jan. 8, 2025 /PRNewswire/ -- Today, Sivers Semiconductors announced that it has been awarded a major chip development program by a leading Tier-1 telecom infrastructure vendor. The $5.4M program will run from Q1 2025 to Q4 2026, and will support the development of a next-generation highly-integrated beamforming transceiver for various millimeter-wave telecom applications.

NEW YORK, Nov. 29, 2024 /PRNewswire/ -- The number of shares in Sivers Semiconductors AB (the "Company") as of 29 November 2024 amounts to 237,646,796 shares, of which all shares are ordinary shares. There are currently no issued shares of series C. The total number of shares and votes in the Company as of 29 November 2024 amounts to 237,646,796.

The change in the number of shares and votes in the Company is due to the new issue of 1,762,336 ordinary shares to the CEO that was resolved by the Board of Directors and approved by the Extraordinary General Meeting on 8 November 2024.

NEW YORK, Nov. 25, 2024 /PRNewswire/ -- Sivers Semiconductors AB (STO: SIVE), a global leader in photonics and wireless technologies, has been named as finalists for the prestigious Outstanding EMEA Semiconductor Company Award by the Global Semiconductor Alliance (GSA) alongside global powerhouse brands. This recognition underscores Sivers' critical role in advancing high-performance, energy-efficient solutions for AI Data Centers, Satellite Communications and global communications networks.

Driving Innovation in AI Data Centers and Satellite Communications

KISTA, Sweden, Nov. 11, 2024 /PRNewswire/ -- Sivers Semiconductors AB (STO: SIVE), a leading supplier of RF beamformers for Satellite Communications (SATCOM) and Photonics lasers for AI Datacenters, today announced its Q3 2024 results, highlighting its role in addressing two critical secular trends: AI acceleration and mmWave adoption. With a focus on advanced photonics and wireless technologies, Sivers continues to drive innovation in these high-performance, energy-efficient sectors.

Financial Highlights:

KISTA, Sweden, Nov. 11, 2024 /PRNewswire/ -- Sivers Semiconductors AB (STO: SIVE), a leading supplier of RF beamformers for Satellite Communications (SATCOM) and Photonics lasers for AI Datacenters, today announced that its Board of Directors has decided to put on hold its discussions with byNordic Acquisition Corporation (Nasdaq: BYNO) regarding the proposed business combination with Sivers Photonics Ltd, a subsidiary of Sivers Semiconductors, and release BYNO to seek other merger candidates.

NEW YORK, Nov. 8, 2024 /PRNewswire/ -- The Extraordinary General Meeting in Sivers Semiconductors AB (publ) (the "Company") has been held on 8 November 2024 and in particular the following decisions were resolved.

Resolution to approve the Board of Directors' resolution on a new issue of shares to the CEO

The General Meeting resolved to approve the Board of Directors' resolution to increase the Company's share capital by up to SEK 881,168 through the issue of up to 1,762,336 new ordinary shares. The subscription price per ordinary share is SEK 3.972. With deviation from the shareholders' preferential rights, the new ordinary shares may only be subscribed for by Vickram Vathulya, the CEO of the Company. The subscription price has been determined through agreement between the Board of Directors and Vickram Vathulya and corresponds to the closing price of the ordinary share on Nasdaq Stockholm on 11 October 2024.

$5.6M award accelerates lab-to-fab development of critical chip technology 

NEW YORK, Oct. 1, 2024 /PRNewswire/ -- Today, Sivers Semiconductors announced receiving first-year funding of $5.6 million from the Northeast Microelectronics Coalition (NEMC) Hub through U.S. CHIPS and Science Act under the Microelectronics Commons program, executed through the Naval Surface Warfare Center Crane Division and the National Security Technology Accelerator (NSTXL).

The award funds collaboration between Sivers Semiconductors and partners BAE Systems, MIT Lincoln Laboratory, and Columbia University to accelerate domestic prototyping and expand the nation's global leadership in microelectronics. This is one of six projects awarded to the NEMC Hub, led by Massachusetts Technology Collaborative (MassTech), under the Microelectronics Commons Program.

$6M award accelerates lab-to-fab development of critical chip technology

BOSTON, Sept. 30, 2024 /PRNewswire/ -- Today, Sivers Semiconductors announced receiving first-year funding of $6 million from the Northeast Microelectronics Coalition (NEMC) Hub through U.S. CHIPS and Science Act under the Microelectronics Commons program, executed through the Naval Surface Warfare Center Crane Division and the National Security Technology Accelerator (NSTXL).

The award funds collaboration between Sivers Semiconductors and partners Ericsson, Raytheon, MIT, Boston University, and Northeastern University to accelerate domestic prototyping and expand the nation's global leadership in microelectronics. This is one of six projects awarded to the NEMC Hub, led by Massachusetts Technology Collaborative (MassTech), under the Microelectronics Commons Program.

Sivers Semiconductors and Ayar Labs will hold a joint live demonstration, showing the Sivers Semiconductors 16-wavelength distributed feedback (DFB) laser array integrated into the Ayar Labs SuperNova™ multi-wavelength light source for 16 Tbps of bi-directional bandwidth – a level of bandwidth essential for AI scale-up networks.

KISTA, Sweden, Sept. 19, 2024 /PRNewswire/ -- Sivers Semiconductors (STO: SIVE), a leading supplier of integrated chips and modules for the most advanced photonics and wireless solutions, in collaboration with Ayar Labs, introduces the industry's first CW-WDM MSA compliant 16-wavelength light source at the upcoming European Conference on Optical Communication (ECOC) Conference in Frankfurt on September 23-25, 2024.

NEW YORK, Sept. 17, 2024 /PRNewswire/ --The Board of Directors of Sivers Semiconductors AB (publ) ("Sivers Semiconductors" or the "Company") (Nasdaq Stockholm: SIVE) has resolved, subject to approval by the Extraordinary General Meeting on 11 October 2024, to carry out a directed new share issue of 1,524,584 ordinary shares corresponding to approximately 6.9 million SEK to the Company's CEO Vickram Vathulya (the "Directed Issue"). The Board of Directors has also proposed that the Extraordinary General Meeting resolve on an incentive program comprising a maximum of 7,500,000 employee stock options. Notice of the Extraordinary General Meeting will be published through a separate press release.