Sivers Semiconductors

With this order the companies enter the next phase of their partnership with a focus on the continued development and commercialization of Sivers DFB laser arrays supporting Ayar Labs' optical I/O solution, which is currently enabling 4Tb/s bidirectional chip-to-chip optical connectivity. The order will be delivered across 2023 and 2024 and includes agreed commercial terms for volume pricing in anticipation of future manufacturing by Sivers at larger volumes.

The DFB laser arrays from Sivers Photonics provide the high-quality light source for Ayar Labs' SuperNova™ remote optical source product as they scale to volume production across a broad range of applications including AI/ML interconnects, disaggregated data centers, 6G networks, phased array sensor systems and more.

Ayar Labs recently closed a second round of Series C funding which in total comes to US$155 million. The additional C round, led by Capital TEN, included VentureTech Alliance and participation by previous investors Boardman Bay Capital Management, IAG Capital Partners, NVIDIA, and Tyche Partners. Other Series C existing strategic and financial investors include Applied Ventures, GlobalFoundries, Hewlett Packard Pathfinder, Intel Capital and Lockheed Martin Ventures.

"We are excited to continue our strong relationship with Ayar Labs after our successful joint demos at both ECOC 2022 and OFC 2023. Utilising our proven technology, Ayar Labs can confidently deliver to their customers at scale, all whilst leveraging the continued growth of the CW-WDM MSA ecosystem for high bandwidth and channel count laser solutions." said Dr Andrew McKee, Interim Managing Director, and CTO at Sivers Photonics.

"We value Sivers as an essential part of our thriving ecosystem, as they have consistently proven to be a responsive and reliable supplier in meeting our SuperNova product commitments," said Charlie Wuischpard, CEO of Ayar Labs. "The ability to deliver high quality remote light sources at volume and maintain an aggressive development roadmap are important to commercializing our optical I/O solutions."

"Ayar Labs is revolutionizing the way CPUs and GPUs will communicate within next generation HPC and AI/ML architectures. We are more than excited to be part of this journey with Ayar Labs and all its very prominent customers and partners. By enabling the switch to optical interconnect technology vs traditional electrical links, Ayar's solution, leveraging Sivers technology, will provide a dramatic step change in the required bandwidth, power and latency improvements necessary for these complex systems to scale and meet the exploding demand for AI/ML clusters. With the massive growth of generative AI, , we believe this is just the beginning and are excited to support our customers in enabling the AI revolution that is changing the world." said Anders Storm, Group CEO, Sivers Semiconductors.

For more information please contact:
Anders Storm, CEO
Tel: +46 70 262 6390
E-mail: anders.storm@sivers-semiconductors.com

This disclosure contains information that Sivers Semiconductors is obliged to make public pursuant to the EU Market Abuse Regulation (EU nr 596/2014). The information was submitted for publication, through the contact person set out, on 03-07-2023 08:00.CET.

Sivers Semiconductors AB is a leading and internationally recognized technology company that, through its two business areas Wireless and Photonics, supplies chips and integrated modules. Wireless develops RF chips and antennas for advanced 5G systems for data and telecommunications networks. Photonics develops and manufactures semiconductor-based optical products for optical fiber networks, sensors and optical fiber communications (Li-Fi). The company is listed on Nasdaq Stockholm under SIVE. The head office is located in Kista, Sweden. For more information contact: www.sivers-semiconductors.com  

Ayar Labs is using light to disrupt traditional compute power and performance curves, enabling the next design breakthroughs for the growth of generative AI, disaggregated data centers, 6G, phased array sensory systems and more. Ayar Labs' patented approach uses silicon photonics techniques to replace traditional electrical-based I/O with high-speed, highly efficient optical interconnect chiplets and multi-wavelength light sources. The company was founded in 2015 and is funded by a number of domestic and international venture capital firms, as well as strategic investors such as Applied Ventures, GlobalFoundries, Hewlett Packard Pathfinder, Intel Capital, Lockheed Martin Ventures and NVIDIA. For more information, visit www.ayarlabs.com.