Sivers IMA Holding AB (Nasdaq First North: SIVE) today announces that the company has received an order worth SEK 6.5m for delivery of FMCW radar modules to a leading systems integrator in the maritime area. The order applies to older FMCW radar modules that Sivers IMA has developed and manufactured for many years. Sivers IMA recently announced an end-of-life for this type of FMCW radar modules. Since this an end-of-life order for these products, the order value is higher than for an average year.
Sivers IMA Holdings AB subsidiary, CST Global, has successfully proven the feasibility of 60GHz Radio over Fiber (ROF) transmission, at a 1270nm wavelength. ROF networks are emerging as a completely new and promising communication paradigm for delivering broadband wireless access services and fronthaul at 60 GHz, relying on the synergy between fixed optical and millimeter wave (mmWave) technologies. CST Global’s research shows that their 60GHz, ROF, broadband solution is feasible, by combining CST Global’s optical solutions and mmWave technology from Sivers IMA in the future.
Sivers IMA Holding AB (Nasdaq First North: SIVE) today announces that Uppsala University has been selected to present a joint paper at the European Conference on Antennas and Propagation (EuCAP). EuCAP is one of the flagship conferences on antennas and propagation, attracting researchers from across the world. With approximately 1200 attendees it is the largest conference of its kind outside the US.
In connection with the directed share issue announced by Sivers IMA Holding AB on February 23 this year, the company’s shareholder (via holding company) Erik Fällström lends 4,400,000 shares to Erik Penser Bank to facilitate delivery of the corresponding number of shares subscribed for in the share issue. The borrowed shares will be returned when the share issue has been registered with the Swedish Company Registration Office (Bolagsverket).
Sivers IMA Holding AB (Nasdaq First North: SIVE, the company) today announces that Swedbank Robur and Nordic Cross Small Cap Edge have subscribed for in total 4.4 million shares in the company for a consideration of a total of 26.4 SEKm in a share issue in Sivers IMA Holding AB. The shares subscribed for correspond to approximately 4 percent of the votes and share capital of the company after dilution (including outstanding shares issued to former shareholders of CST Global).
The Mobile World Congress (MWC) will take place in Barcelona, starting February 26th, and Sivers IMA will attend the world’s largest gathering for the mobile industry to engage with customers to show and discuss around new products and the future of millimeter wave technology.
Last year at Mobile World Congress (MWC) Sivers IMA Holding AB (Sivers IMA) and Cambridge Communication Systems (CCS) signed a contract for the development of a 60GHz radio module for CCS’ new self-organizing (SON) mmWave access and backhaul Metnet node. During this year’s show in Barcelona, CCS is showcasing its new product.
Sivers IMA Holding is pleased to announce that its subsidiary, CST Global (CST), has received £151,699 (approx. MSEK 1.7) from the British government to lead the HELCATS (High-power, phosphorous-based, DFB lasers for cold atom systems) project. The total project budget is £497,574, with government funding of nearly 80 percent. The project will run from March 2018 to February 2019.
Sivers IMA Holding is proud to announce that CST Global (CST), a subsidiary of Sivers IMA Holding, has received £83,774 GBP (approx. KSEK 900)) from the British government to lead the “Quantum Cooling using Mode Controlled Blue Lasers” project, known as CoolBlue2.
Sivers IMA announces a 5G partnership with Fujikura Ltd, a multi-billion-dollar Japanese electrical equipment manufacturing company listed on the first section of the Tokyo Stock Exchange.