chanelink logo
CHANELINK
Français

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

517
2023-11-30 14:11:56
Voir la traduction

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

Recommandations associées

  • LightSolver announces the launch of the LPU100 laser computing system

    LightSolver, a laser based computing company, announced that it is a breakthrough in quantum inspired high-performance computing.Its LPU100 system utilizes the power of 100 lasers to solve optimization problems, challenging the processing time of quantum and supercomputers. The laser array of LPU100 represents 100 continuous variables and can solve up to 120100 combinations of problems, enabling ...

    2024-03-22
    Voir la traduction

  • IPG Q1 revenue of $252 million, co-founder and new CEO of Jiaobang

    Recently, IPG Photonics, a high-performance fiber laser supplier in the United States, released its first quarter financial report as of March 31, 2024.The financial report shows that IPG Photonics revenue in the first quarter was 252 million US dollars, a year-on-year decrease of 27%; The net profit was 19 million US dollars, a year-on-year decrease of 75%. The change in foreign exchange rate res...

    2024-05-07
    Voir la traduction

  • Credo launches the world's first 800G DSP for linear receiving optical devices, targeting ultra large scale and artificial intelligence data centers

    Credo Technology Group Holding Ltd announced today the launch of the industry's first Dove 800 850G digital signal processor IC, which has been optimized for linear receiving optical devices and is also known as semi retiming linear optical devices in the industry. In LRO transceivers or active optical cables, only the transmission path from the electrical input to the output of the optical path i...

    2023-11-30
    Voir la traduction

  • Dyson V15 Detect: Saturn's low-cost laser cordless vacuum cleaner

    During Cyber Week, Saturn is now selling the Dyson V589 Detect Absolute with many accessories for only 15 euros. With this, retailers have once again achieved the most favorable price for the 2023 packaging of popular cordless vacuum cleaners - a cost-effective deal.After a brief break between Black Friday and Cyber Monday, the quote for Dyson V15 Detect Absolute is about to be updated. Taking a l...

    2023-11-29
    Voir la traduction

  • The constantly developing world of all-weather laser satellite communication

    Using light beams for communication is not a new idea, even outside of Star Trek, Star Wars, and other similar fantasy stories. Scientist and science fiction writer Arthur Clark predicted that beam communication, at that time modern satellite communication was just a dream.In 1975, the magazine published an article about laser communication or laser communication equipment. The demonstrati...

    2023-12-01
    Voir la traduction