Sivers Semiconductors (SIVE) said it has received an $8.2 million production order from satellite terminal maker all.space for Ka-band beamforming chips, with delivery scheduled for 2027. The chips will be used in next-generation multi-orbit satellite communication terminals tied to U.S. military and NATO applications, giving SIVE a clearer foothold in the defense satellite communications chain.
A small order by industry standards, but meaningful for SIVE
In semiconductor terms, $8.2 million is not a huge contract. For SIVE, the scale stands out. The source material describes the Swedish company as having a market value of about $2.5 billion, while full-year revenue last year was only about $33 million. For a company at that size, a production order like this carries weight beyond revenue. It signals customer qualification and manufacturing credibility.
The product involved is a Ka-band beamforming integrated circuit, or BFIC. These chips sit at the core of multi-orbit satellite terminals, enabling a single system to connect with and track satellites across LEO, MEO, and GEO orbits at the same time. The antenna matters, but the beamforming chip is where a large part of the technical challenge sits. That is the slot SIVE has captured in this program.
all.space already serves military-grade terminal markets
all.space, formerly Isotropic Systems, is described in the source as the first field-proven multi-orbit satellite communications platform supplier. Its backers include Boeing HorizonX, SES, and Seraphim Capital. Its GM2000 product line is a NATO-standard Ka-band ground satellite terminal, and it currently serves U.S. Army and Navy customers while also undergoing testing with the Royal Canadian Navy.
The report also says all.space is expanding support for satellite networks including Telesat, SES, and Viasat. That gives the SIVE order more context: the company is not simply shipping chips to a new customer, but supplying a platform already positioned inside military-grade and multi-network satellite terminal deployments.
Serenity says the SIVE story now extends beyond AI photonics
Serenity, an X user identified as @aleabitoreddit in the source, said the order validates SIVE's position in satellite communications even though the dollar amount is modest. In his view, the company’s market narrative now reaches beyond AI data center photonics and into structural bottlenecks tied to space and defense.
According to the source, SIVE operates two business lines. Its Photonics division supplies III-V compound semiconductor lasers for AI data centers, with partners that include O-Net and GlobalFoundries. Its Wireless division makes 5G millimeter-wave and satellite communications chips. Serenity argues that both units share the same compound semiconductor manufacturing base, and that defense-side production experience could strengthen confidence in the company’s photonics capacity as well.
Share price has surged, while the company remains unprofitable
The source says SIVE shares have risen more than 2,000% over the past year. The stock reached a record SEK 110 on June 3 before easing back to around SEK 90. On the financial side, full-year 2025 revenue was SEK 304 million, or about $33 million, up 25% year over year, though the company remains loss-making.
Within that backdrop, the all.space contract gives SIVE a more defined second pillar: not only AI optical infrastructure, but also volume production exposure in Ka-band chips for multi-orbit satellite terminals used in defense-related communications.