Initial order is worth over $617,000.

Kista, Sweden -- Sivers Semiconductors AB today announced that its subsidiary, Sivers Photonics, has signed a contract worth over $617,000 to deliver next generation laser sources commencing a partnership agreement with a new customer.

The collaboration with the technology business will initially focus on the development and supply of customised lasers across a range of wavelengths, helping enable the customer to develop its future roadmap.

Sivers Photonics has extensive experience in designing customised laser chips for a variety of global customers and advanced applications. The new project will utilise this expertise, with volume production opportunities for the business, along with possible further projects as part of the partnership.

“We are thrilled to team up with our new customer and leverage our laser technology for its future development projects. We look forward to a long-term partnership as these exciting projects continue,” said William McLaughlin, Managing Director, Sivers Photonics.

“This is the third large Fortune 100 technology company that has chosen to work with Sivers Semiconductors for Photonics’ laser sources. I am very proud of the Sivers Phontonics team that has the ability to add customers like this to our customer base,” said Anders Storm, Group CEO, Sivers Semiconductors.