Sivers Semiconductors Secures Approximately $900,000 ESA Contract for SATCOM Tech Development

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Sivers Semiconductors AB has successfully clinched a significant development contract valued at around $900,000 from the European Space Agency, marking a substantial step forward in next-generation satellite communications technology. The 18-month initiative focuses on accelerating the design and deployment of advanced beamforming integrated circuits tailored for modern SATCOM applications.

The strategic partnership underscores growing demand for cutting-edge satellite communication solutions, particularly as the sector evolves to meet complex global connectivity requirements. By channeling resources into next-generation BFIC development, Sivers positions itself at the forefront of addressing these emerging market demands while contributing to Europe’s competitive advantage in space technology.

Strengthening Market Position

As the sole EU-based commercial player producing mmWave beamforming integrated circuits for both SATCOM and 5G applications, Sivers leverages this contract to reinforce its critical role within the European SATCOM infrastructure landscape. According to Vickram Vathulya, CEO of Sivers Semiconductors, “This development program award validates our technological leadership and reaffirms our position as a cornerstone provider in the European SATCOM ecosystem.”

The contract is anticipated to catalyze continued business expansion, enabling the company to deliver innovative solutions that address the rapidly shifting needs of the global satellite communications market while simultaneously advancing EU-based semiconductor capabilities.

Market Performance

Following the announcement, Sivers Semiconductors’ stock on the Frankfurt Exchange reflected modest downward movement, trading at $0.32 with a 2.70 percent decline during the session.

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