Sivers Photonics

The business model centers on providing comprehensive, in-house capabilities that span from initial design and prototyping to high-volume manufacturing and qualification testing. Sivers Photonics generates revenue through the sale of its photonic products, custom solution services, and by licensing its proprietary technologies. The company serves a global client base that includes Fortune 100 corporations and prominent Silicon Valley firms, with approximately 80% of its revenue originating from the United States. Its products are crucial components in high-growth markets such as optical communications, AI infrastructure, data centers, automotive LiDAR, and consumer biometrics.

A key offering is the InP100 product platform, which provides customizable, high-power Indium Phosphide (InP) based DFB lasers and gain chips, optimized for integration with silicon photonics. These devices are critical for applications demanding high-speed data transmission, such as cloud storage, 5G fronthaul, and artificial intelligence. A significant milestone was achieved in 2016 when the company shipped one million DFB lasers per month. In 2017, CST Global was acquired by the Swedish firm Sivers IMA Holding AB, a move that provided a significant capital injection for expanding manufacturing and product development. The company was rebranded from CST Global to Sivers Photonics in 2020 to align with its parent company, Sivers Semiconductors. Recently, Sivers Semiconductors announced its intention to merge Sivers Photonics with a SPAC, byNordic Acquisition Corp, to create an independent, NASDAQ-traded company with a new headquarters in Silicon Valley, while maintaining its manufacturing operations in Scotland.