Sivers Semiconductors signs CHIPS Act contracts for 5G/6G and electronic warfare chips

Sivers Semiconductors has signed contracts with the Northeast Microelectronics Coalition Hub for $11.6 million in Microelectronics Commons funding for 5G/6G and electronic warfare chip development, with potential renewal to $30 million over three years. Advance payment of roughly half the first-year value is expected by January 2025.

“We are honored and grateful for these first two US CHIPS and Science Act funding awards and appreciate the support from the NEMC hub in helping find the right balance on associated contract structure and milestones.”news.cision.com

• 2 sources
• news.cision.comSivers Semiconductors Signs CHIPS Act Contracts with the Northeast Microelectronics Coalition Hub - Sivers SemiconductorsJan 13, 2025
• prnewswire.comSivers Semiconductors Wins Intelsat SATCOM Digitizer Development Program AwardSivers SemiconductorsJan 29, 2025

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