Sivers Semiconductors Secures New Contracts under CHIPS Act

Sivers Semiconductors Secures Funding for Advanced Chip Technology

Recently, Sivers Semiconductors, recognized for its cutting-edge innovations, has successfully entered into contracts aimed at the development of advanced chip technologies for Electronic Warfare and 5G/6G applications. This achievement is made possible through funding provided under the U.S. CHIPS and Science Act, specifically through the Microelectronics Commons program, which is executed in partnership with the Naval Surface Warfare Center Crane Division and the National Security Technology Accelerator (NSTXL).

Funding Details and Strategic Goals

The first segment of this contract is valued at approximately $11.6 million, with expectations of an advance payment projected for early 2025. This initial phase aims to facilitate the development of crucial technologies that meet the increasing demands in both defense and commercial sectors. Importantly, if renewed over a span of three years, the funding could reach up to $30 million, significantly boosting Sivers' research and development capabilities.

Collaborative Efforts with Industry Leaders

In this endeavor, Sivers Semiconductors will collaborate with prestigious industry leaders, including BAE Systems, Raytheon, and Ericsson. This partnership emphasizes the commitment to leveraging advanced RF and beamforming technologies, which are essential for the full realization of mmWave technology across various markets. By engaging with these tech giants, Sivers is positioning itself as a key player in the microelectronics landscape.

Quotes from Leadership

Vickram Vathulya, the CEO of Sivers Semiconductors, expressed gratitude for the support received from the Northeast Microelectronics Coalition (NEMC) Hub in negotiating favorable contract structures and milestones. Vathulya stated, “We remain committed to optimizing cash flow across all our development contracts, ensuring efficient working capital management while scaling our engagements.” This commitment reflects Sivers' focus on sustainability and efficiency throughout their operations.

Advancements in RF Technology

Harish Krishnaswamy, Managing Director of the Wireless Division at Sivers, shared insights about the impact of these projects. He remarked, “FR3 represents the next leap in cellular innovation, merging the superior range of sub-6GHz with the high-speed capabilities of millimeter-waves.” This advancement is crucial for developing robust solutions for both 5G/6G communications and Electronic Warfare applications, establishing Sivers Semiconductors as a pivotal player in the sector.

About the Northeast Microelectronics Coalition Hub

The Northeast Microelectronics Coalition (NEMC) Hub comprises a network of over 200 organizations, combining efforts from commercial and defense sectors, leading academic institutions, and federally funded R&D centers. Established to enhance the nation's global standing in microelectronics, the hub focuses on accelerating domestic semiconductor prototyping and development. By fostering a collaborative environment, the NEMC Hub aims to stimulate job growth, education, and workforce development initiatives within the microelectronics ecosystem.

Sivers' Position in the Market

Sivers Semiconductors continues to prove itself as a critical enabler of a greener data-driven economy through its energy-efficient photonics and wireless solutions. As they expand their portfolio to include advancements in RF technology, Sivers not only aims to tackle essential performance challenges but also to contribute positively to the environmental impact of technology. This strategic direction aligns with their mission to be at the forefront of innovation in key markets such as AI data centers, SATCOM, and defense.

Frequently Asked Questions

What contracts has Sivers Semiconductors signed recently?

Sivers Semiconductors has signed contracts for funding Electronic Warfare and 5G/6G chip technology development under the U.S. CHIPS and Science Act.

What is the value of the funding from the CHIPS Act?

The initial funding value is approximately $11.6 million, with potential total funding reaching about $30 million if renewed over three years.

Who are Sivers’ partners in these projects?

Notable partners include BAE Systems, Raytheon, and Ericsson, reflecting Sivers' collaboration with leading industry giants.

What technologies does Sivers Semiconductors focus on?

Sivers specializes in RF and beamforming technologies, essential for advancing mmWave technology and applications in telecommunications and defense.

How does the NEMC Hub support Sivers Semiconductors?

The NEMC Hub assists in facilitating connections and resources necessary for Sivers to enhance its microelectronics development and research initiatives.

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