# Sivers IMA signs SEK 480M 5G mmWave development and supply agreement

Sivers IMA signed a combined development and supply agreement with a global NYSE-listed high-tech company to jointly offer a 5G millimeter wave solution. The estimated value is approximately SEK 480 million over the first three years from commercial deployment starting in 2023.

- Type: Contract
- Announced: 2020-08-05
- Where: Sweden
- Value: $55.0M (480.0M SEK)
- Status: announced
- Products: 5G millimeter wave RF transceiver module, 5G mmWave CPE product
- Sectors: [Semiconductors and Industrial Electronics](https://endata.com/sectors/semiconductors-electronics.md)

## Companies

- [Sivers IMA Holdings](https://endata.com/companies/26531.md)

## Sources

- [sivers-semiconductors.com](https://www.sivers-semiconductors.com/press/sivers-ima-signs-5g-millimeter-wave-agreement-with-an-estimated-value-of-sek480m/), 2020-08-05: "Sivers IMA Holding AB today announced that the company has signed a combined development and supply agreement with a Global high-tech company listed on New York Stock Exchange."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.