Brief: Sivers Photonics Receives New Order Worth $1M From Ayar Labs

Sivers Semiconductors AB

03/07/2023 07:05

July 3 (Reuters) - Sivers Semiconductors AB  SIVEH.ST :
    * RECEIVES NEW ORDER WORTH $1M FROM AYAR LABS FOR LIGHT SOURCE TECHNOLOGY TO SUPPORT THE
GROWTH OF
GENERATIVE AI
    * SUBSIDIARY SIVERS PHOTONICS HAS RECEIVED A NEW $1M (APPROX. MSEK 11) ORDER FROM AYAR LABS
    * ORDER WILL BE DELIVERED ACROSS 2023 AND 2024 AND INCLUDES AGREED COMMERCIAL TERMS FOR
VOLUME
PRICING IN ANTICIPATION OF FUTURE MANUFACTURING BY SIVERS AT LARGER VOLUMES

Source text for Eikon:  ID:nWkr4DBG5N 
Further company coverage:  SIVEH.ST 

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