English

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

1088
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
  • Cannon-Brookes spotlights Singapore with SunCable solar

    Billionaire Mike Cannon-Brookes' plan to export clean energy from Australia to Singapore via a 4,200km undersea cable has gained new momentum after taking control of the stalled project.Cannon-Brookes' Grok Ventures has completed its acquisition of SunCable from the government and is advancing talks with authorities in Singapore and Indonesia, the investment firm said on Thursday. The revised plan...

    2023-09-08
    See translation
  • Alliance unit Hongshan Laser has released multiple "heavyweight" new products such as heavy-duty pipe cutting machines, ushering in the era of "laser+"

    On September 19th, Hongshan Laser made a stunning appearance at the Shanghai Industrial Expo with multiple flagship products. Among them, the "4+1" fully free heavy-duty groove laser pipe cutting machine TL730S, the 6G fully direct drive laser cutting machine G4020V, and the flagship drilling and attacking integrated laser composite pipe cutting machine TP65SD, represented by three new products, v...

    2023-09-21
    See translation
  • NASA Completely Transforms Laser Communication and Space Weather Research

    NASA is a pioneer in space research, once again attracting the attention of the world with fascinating insights. In a recent press release, NASA announced plans to test revolutionary laser communication systems and study the interaction between Earth and space weather.A Great Leap in Space Communication: ILLUMA-TThe SpaceX 29 mission, scheduled for November 5th, will conduct research and technical...

    2023-10-23
    See translation
  • The new Casiris H6 4K UST tricolor laser projector is about to be launched through Indiegogo

    Casir is about to launch the H6 4K UST tricolor laser projector through Indiegogo. The new laser projector has a brightness of up to 3000 ANSI lumens and a BT.2020 color gamut coverage of 110%. It is an ultra short focus projector that runs on Android TV.The Casiris H6 4K UST tricolor laser projector is a brighter and more accurate version of the Casiris A6. It also has greater image projection ca...

    2023-09-18
    See translation
  • HieFo launches high-power DFB laser chip to enter coherent optical transmission market

    Recently, HieFo, a leading enterprise in the field of optical communication, officially launched its HCL30 DFB laser chip, designed specifically to meet the stringent requirements of coherent optical transmission. This chip combines efficient optical output power with excellent narrow linewidth performance, providing multiple industry standard wavelength options in the O-band and C-band, bringin...

    2024-09-13
    See translation