Sivers Semiconductors signs $4.73M development deal with lead European SATCOM customer

Sivers Semiconductors' subsidiary Sivers Wireless has signed a third product development agreement with its lead European Satellite Company, valued at USD $4.73 million. The contract covers development of next-generation beamformer chipsets during 2024 and 2025, with volume manufacturing expected in Q4 2025.

“Deepening our strategic partnership with this customer is a testament to our mission to shape the future of connectivity worldwide.”sivers-semiconductors.com

• 2 sources
• sivers-semiconductors.comSivers Semiconductors extends partnership with Strategic Lead SATCOM Customer - Sivers SemiconductorsMar 21, 2024
• news.cision.comSivers Semiconductors extends partnership with Strategic Lead SATCOM Customer - Sivers SemiconductorsMar 21, 2024

Summarized from public sources; check the original articles before acting on it.