# Sivers Photonics signs $1.3M product development deal for photonic laser arrays

Sivers Semiconductors' subsidiary Sivers Photonics signed a product development agreement with an undisclosed company, starting with a $1.3M contract for prototypes in 2024, expected to grow rapidly in 2025 and move to volume manufacturing with annual chip volumes exceeding several million units beyond 2026.

- Type: Contract
- Announced: 2024-03-15
- Where: Kista, Sweden, Sweden
- Value: $1.30M
- Status: announced
- Products: photonic laser arrays, laser chips for optical solutions
- Sectors: [Semiconductors and Industrial Electronics](https://endata.com/sectors/semiconductors-electronics.md)

## Companies

- [Sivers Semiconductors](https://endata.com/companies/21027.md)
- [Sivers Photonics](https://endata.com/companies/52442.md)

## Sources

- [sivers-semiconductors.com](https://www.sivers-semiconductors.com/press/sivers-semiconductors-teams-with-strategic-customer/), 2024-03-15: "This is a fantastic opportunity short term and is a mega opportunity for exceptional continued growth from 2026"

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