Brief: Sivers Semiconductors Expands Partnership With Thorium Space

Sivers Semiconductors AB

01/02/2024 12:11

Feb 1 (Reuters) - Sivers Semiconductors AB  SIVEH.ST :
    * EXPANDS PARTNERSHIP WITH THORIUM SPACE S.A.
    * SECOND-PHASE CONTRACT IS VALUED AT USD $2.9 MILLION AND
WILL
DRIVE DEVELOPMENT OF A NEXT-GEN SATELLITE COMMUNICATIONS SYSTEM
    * ANTICIPATES RECOGNIZING REVENUE UP TO USD $2.1 MILLION
FROM THIS
CONTRACT IN YEAR 2024

Source text for Eikon:  ID:nWkr2SPKNK 
Further company coverage:  SIVEH.ST 

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