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

1103
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

  • Polish and Taiwan, China scientists are committed to new 3D printing dental implants

    Researchers from Wroclaw University of Technology and Taipei University of Technology in China are developing dental implants made from 3D printed ceramic structures connected to metal cores. Due to the use of biodegradable magnesium, bone tissue will gradually grow into such implants."The result will be a composite implant that can replace human teeth. Its scaffold is made of aluminum oxide...

    2024-04-17
    See translation

  • Nikon launches COOLSHOT 20i GIII laser rangefinder with two measurement display modes: golf and actual distance

    Nikon Vision, a subsidiary of Nikon Corporation, is pleased to announce the launch of the COOLSHOT 20i GIII laser rangefinder for golfers, which is Nikon's small and lightweight model in the COOLSHOT series.While maintaining the lightweight and compact size of the COOLSHOT 20i GII, the new model notifies users through brief vibrations that the distance to the flagpole has been measured.When measur...

    2024-03-27
    See translation

  • Microscopic Marvel photon devices have the potential to completely change the way physics and lasers are processed

    Researchers at Rensselaer Institute of Technology have developed a device that operates at room temperature, which is the first topological quantum simulator to operate under strong light matter interaction mechanisms, making high-tech research easier in cutting-edge ways.Researchers at Rensselaer Institute of Technology have developed a device no larger than human hair, which will enable physicis...

    2024-06-04
    See translation

  • BluGlass successfully raised $5.87 million to accelerate GaN laser production and delivery

    Recently, BluGlass, a leading global semiconductor development company, successfully completed its stock purchase plan (SPP) and raised $5.87 million in funds (excluding costs). This SPP provides eligible shareholders with the opportunity to subscribe to up to $100000 in new shares of BluGlass at a discounted price of $0.037 per share, along with free additional options. This initiative has gained...

    2024-04-12
    See translation

  • Luxiner launches LXR platform to set new standards for industrial laser microfabrication

    Luxiner, a globally renowned laser technology leader, proudly launches its latest innovative product, the groundbreaking LXR ultra short pulse laser platform. This cutting-edge technology represents a significant leap in industrial laser processing, providing unparalleled performance, versatility, and reliability.In today's rapidly changing industrial environment, laser technology plays a crucial ...

    2024-03-25
    See translation