chanelink logo
CHANELINK
English

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

1107
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

  • 2026 SPIE Entrepreneurship Challenge Opens for Registration

    Applications are now open for the 2026 SPIE Startup Challenge. The annual entrepreneurial pitch competition is held by SPIE, the international society for optics and photonics, as part of SPIE Photonics West.In 2026, Photonics West will be held 17-22 January in San Francisco’s Moscone Center, with the SPIE Startup Challenge finals being held 20 January.The SPIE Startup Challenge is a competitive e...

    09-08
    See translation

  • TRUMPF machine cooler saves 50 percent energy

    Ditzingen, 05. March 2025 – At its in-house exhibition INTECH, high-tech company TRUMPF is showcasing a new cooler for its laser cutting machines. The new unit is capable of reducing energy consumed during the cooling process and uses fifty percent less energy than conventional solutions. Unlike conventional coolers, the main components of this new solution— such as pumps, fans and compressors— ar...

    03-14
    See translation

  • Precision laser manufacturer Preco appoints Jacob Brunsberg as CEO

    Recently, Preco, a leading enterprise in precision laser material processing and laser equipment manufacturing solutions, officially announced a major personnel appointment: Jacob Brunsberg, an outstanding senior manufacturing and technology management expert, has been appointed as its CEO. Mr. Brunsberg is a renowned senior manager in the field of advanced manufacturing and technology, with man...

    2024-09-23
    See translation

  • Westlake University has made significant breakthroughs in the field of flexible stacked solar cells

    Recently, the team led by Wang Rui from the Future Industry Research Center and the School of Engineering at Xihu University has made significant breakthroughs in the field of flexible stacked solar cells. They have successfully stacked perovskite and copper indium gallium selenide materials together, resulting in a photoelectric conversion efficiency of 23.4%. The related research paper was recen...

    02-05
    See translation

  • Overview of ultrafast laser micro nano manufacturing technology: material processing, surface/interface control, and device manufacturing

    Researchers from Tsinghua University have summarized the research on ultrafast laser micro nano manufacturing technology, including material processing, surface/interface control, and device manufacturing. The relevant review titled "A Review of Ultrafast Laser Micro/Nano Fabric: Material Processing, Surface/Interface Control, and Device Fabric" was published in Nano Research.Ultra fast laser proc...

    2024-08-06
    See translation