Sivers IMA’s subsidiary CST Global awarded SEK4.7m EU grant
KISTA, Sweden, 9[th] October, 2020 - Sivers IMA Holding AB (Nasdaq First North Growth Market: SIVE) today announced that its wholly owned subsidiary CST Global has been awarded a grant of SEK4.7m to develop Quantum Gallium Nitride (Q-GaN) visible light laser diode sources, suitable for quantum sensing and specialised telecommunications applications. The project is funded by the European R&D initiative Eurostars to a value of SEK9.9m, split between CST Global and project partner, TopGaN Ltd Poland.The prime Q-GaN laser technology application is in atomic clocks, helping to ensure accurate