10 June 2021
Sivers Photonics receives SEK14m follow-up order from Fortune 100 customer
Sivers Semiconductors AB of Kista, Sweden (which supplies chips and integrated modules) says that its subsidiary Sivers Photonics (formerly CST Global of Glasgow, Scotland, UK) has received a new optical sensing order worth about SEK14m from one of its established Fortune 100 customers, to 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 about 2.5 years.
“This is the second order from this customer in 2021, at total value of some SEK25m, which is already on the same level as during the full-year 2020,” says Sivers Semiconductors’ group CEO Anders Storm. “Over the last 12 months the total order value now stands at some SEK50m,” he adds. “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.”