English

Sivers Photonics has received a $1 million order for advanced optical sensing products in fields such as LiDAR and industrial applications

1029
2023-11-30 14:11:56
See translation

Sivers Semiconductors AB announced that its subsidiary Sivers Photonics has received a new order worth $1 million for advanced optical sensing products from three customers in the fields of LiDAR, Medical, and Industrial.

In the first half of the fourth quarter of 2023, new orders were received from several US clients, which will lead to the manufacturing of advanced lasers and optical amplifiers for critical applications. It is expected that most deliveries will be completed throughout 2024.

Sivers Photonics has world-class production facilities in Glasgow, UK, with over 20 years of experience in designing and manufacturing customized III-V compound semiconductor devices. The company is a leading supplier of laser light sources in the silicon photonics industry, collaborating with a range of clients ranging from Fortune 100 companies to financially strong and high growth startups.

These latest orders are due to the company's design of next-generation products for autonomous vehicle and smart factories, innovative medical devices and equipment, and a variety of new applications in all walks of life, thus increasing the demand for Sivers lasers.

These production orders indicate that the mature and emerging optical sensing market will continue to experience strong organic growth, and further validate the technical capabilities of the Sivers Photonics UK wafer manufacturing plant.

"We have set a mid-term goal to increase product sales from the current 30% of revenue to over 80% by 2026. Therefore, this is one of the many product orders we expect to see to ensure our sustained growth, which will be driven by an increase in product revenue share in the coming years," said Anders Storm, CEO of Sivers Semiconductors.

Source: Laser Net

Related Recommendations
  • Shanghai University of Technology publishes the latest Nature paper

    With the increasing demand for human data, the requirements for data storage methods are also increasing. Optical Data Storage (ODS) is a light based storage method commonly used in DVDs, which is low-cost and very durable. But ODS usually stores data in a single layer, and the amount of data that can be stored is limited. Gu Min, academician of Shanghai University of Technology, Wen Jing, and Rua...

    2024-02-26
    See translation
  • Laser Swing Welding: Principles, Characteristics, and Applications

    Application backgroundLaser swing welding technology was born out of the urgent demand for welding quality and efficiency in modern manufacturing industry. Traditional welding technology has shortcomings in precision, strength, and complex structures, which has led to the rapid application of laser welding in various fields. However, it still has defects such as pores and cracks, and has limitatio...

    2024-12-30
    See translation
  • Veeco Instruments wins IBM big order

    On August 14th local time, Veeco Instruments, a well-known American laser annealing manufacturer, announced an important cooperation with technology giant IBM. It is reported that IBM has selected Veeco Instruments' WaferStorm wet processing system as support for its advanced packaging applications, and the two parties have signed a joint development agreement to explore the potential of utilizi...

    2024-08-23
    See translation
  • Germany and the United States jointly build a $150 million laser equipment laboratory for studying inertial fusion energy and high energy density physics

    German laser Fusion developer Marvel Fusion said it will partner with Colorado State University (CSU) on a new $150 million laser equipment lab to study inertial fusion energy and high energy density physics."It will be home to one of the most powerful laser facilities in the world and an international center for laser fusion energy and high energy density physics research," the company said in a ...

    2023-08-10
    See translation
  • Two photon absorption quantum mechanism breaks through the resolution and efficiency limits of optical nanoprinting

    Recently, a research team from the School of Physics and Optoelectronic Engineering at Jinan University has elucidated for the first time the time-dependent quantum mechanism of two-photon absorption and proposed a two-photon absorption (fpTPA) optical nanoprinting technology based on few photon irradiation, successfully breaking through the bottleneck of traditional two-photon printing technology...

    03-06
    See translation