According to BlockBeats, Sivers Semiconductors (SIVE) announced an $8.2 million production order today (June 9) from satellite terminal company all.space. The order covers Ka-Band beamforming chips for next-generation military and commercial LEO and multi-orbit satellite communication terminals, marking SIVE's formal entry into the defense supply chain.
Analyst Serenity highlighted that while modest in size, the order validates SIVE's positioning in satellite communications and expands its narrative beyond AI photonics lasers to encompass space and defense structural bottlenecks, potentially opening the door to larger batch orders and long-term high-margin contracts.