Sivers Wireless receives $5M volume production order from its leading European SATCOM customer
Sivers Semiconductors AB (“Sivers”; Nasdaq Stockholm: OM.SIVE) subsidiary Sivers Wireless has received a $5M (approx. 55 million SEK) volume production order from its leading European SATCOM customer. The production order is for beamforming integrated circuits (BFIC) which will be delivered during the fourth quarter 2023 and first quarter 2024. Most of the income will be revenue recognized during the same period.The BFICs are now in full volume production and this is the second production volume order received by Sivers. The previous order of approximately $1.5M was announced on October 21[