Pipeline grows to USD 1.2 billion, Product Revenue Increases 18% Year-Over-Year As Sivers Prioritizes Resources to Deliver on Growing Production Orders for 2027.

KISTA, Sweden, Aug. 27, 2026 /PRNewswire/ — Sivers Semiconductors AB (STO: SIVE), a global leader in photonics and wireless technologies, today announced its interim report for the second quarter of 2026. The quarter marked continued progress in Sivers’ transition from development-driven NRE revenues toward scalable product revenues supported by customer production ramps. The deliberate reallocation of resources towards upcoming product ramps while scaling down NRE activities weighed on near-term financials. Product revenue increased 18% year-over-year, while the company’s opportunity pipeline expanded to USD 1.2 billion in July, up 268% from December 2025.

Strategic transition toward product-led growth

During the quarter, Sivers continued to reallocate resources from NRE projects toward product ramp preparation. The strategic shift is designed to support a more scalable, product-led business model and position the Company for a transformational 2027. Sivers expects the impact of this transition to become visible in Q4 2026 and accelerate through 2027 as multiple programs progress toward volume production.

Financial Highlights:

Net sales amounted to SEK 53.8 m (61.4), corresponding to a decrease of 12% year-over-year, or 10% adjusted for currency effects.Product/HW revenue increased by 13% year-over-year, or 18% adjusted for currency effects, reflecting progress toward customer production ramps.Adjusted EBITDA totaled SEK -35.5 m (-20.9), reflecting revenue timing effects and resource allocation toward upcoming product ramps.EBITDA was impacted by a SEK 42.9 m non-cash social security accounting expense related to the strong appreciation of the company’s share price during the quarter.Profit/loss before depreciation and amortization (EBITDA) amounted to SEK -98.3 m (-22.5).Operating profit/loss (EBIT) was SEK -116.9 m (-40.3).Profit/loss after tax amounted to SEK -115.0 m (-50.6).Cash flow from operating activities was SEK -70.0 m (-20.1).Earnings per share before and after dilution were SEK -0.38 (-0.19).Equity per share amounted to SEK 2.97 (3.55).

Strategic and Operational Highlights in the quarter:

Announced collaboration with Jabil on an energy-efficient 1.6T pluggable optical transceiver module.Conducted directed share issues amounting to approximately SEK 825 m in gross equity capital.Announced the evaluation of a potential dual listing of shares on Nasdaq New York.Tachyon Networks expanded its fixed wireless access portfolio through a USD 1.5 m development partnership with Sivers.Microelectronics Commons strengthened its commitment to Sivers with year-two funding.Announced strategic collaboration with GlobalFoundries to develop advanced silicon photonics solutions for the AI infrastructure market.Received a USD 8.2 m production order from ALL.SPACE for Ka-band beamforming ICs, supporting a 2027 production ramp.Welcomed new Sivers Board members Joakim Nideborn and Helena Svancar.

Strategic and Operational Highlights after the end of the period:

Announced that Sivers’ lender Bootstrap Europe exercised its conversion right under the existing convertible loan, resulting in conversion of the USD 12 m loan into equity.Sivers Board completed purchase of shares as approved by the AGM.Announced a USD 3.4 m program with SemiNex for next-generation InP light sources used to power AI data centers.Announced that Bootstrap Europe exercised all its warrants within the current debt financing.Opportunity pipeline expanded to USD 1.2 billion in July 2026, representing a 268% increase from year-end 2025.

“Q2 product revenue increased year-over-year, and we are consciously reallocating resources to support several customer programs that are advancing toward production,” said Vickram Vathulya, CEO of Sivers Semiconductors. “Our North Star remains delivering to our long-term financial model from 2028 onwards. With a healthy balance sheet, a USD 1.2 billion opportunity pipeline, and a continuing flow of production orders, we are singularly focused on enabling the transformation into a product business in 2027, our next relevant horizon that matters.”

An online presentation of the Q2 Interim Report will be held at 19:00 (CEST) on August 27, 2026.
Register for the webinar at: https://sivers-semiconductors.events.inderes.com/q2-report-2026

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 August 27, 2026, 18:00 CEST.

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CONTACT:

Media Contact   
Tyler Weiland 
Shelton Group
+1-972-571-7834
tweiland@sheltongroup.com

Company Contact
Heine Thorsgaard
CFO 
ir@sivers-semiconductors.com

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SOURCE Sivers Semiconductors

TORONTO, Aug. 27, 2026 /CNW/ — The Honourable Evan Solomon, Minister of Artificial Intelligence and Digital Innovation and Minister responsible for the Federal Economic Development Agency for Southern Ontario and James Maloney, Member of Parliament for Etobicoke–Lakeshore, will announce an investment in Xanadu Quantum Technologies to expand its research and development facility and build advanced manufacturing capacity in Canada.

Date: Friday, August 28, 2026

Time: 1 pm (ET)

Location: Toronto, Ontario

Members of the media are asked to contact ISED Media Relations at media@ised-isde.gc.ca to receive event location details and confirm their attendance.

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Lighter Weight, Smaller Dimensions Allow for Multiple Alternator Configurations

DAVENPORT, Iowa, Aug. 27, 2026 /PRNewswire/ — Modern luxury motor coaches have evolved into rolling homes and offices. Onboard amenities like induction cooktops, refrigerators, entertainment systems, satellite internet, multiple TVs, office equipment, lighting and security systems create an upscale environment. Yet, many standard factory alternators are designed primarily to support the chassis and basic vehicle accessories, not the substantial auxiliary loads created by these comforts of home.

For a luxury premium Class A motor coach, adding a high-output alternator like American Power Systems, Inc.’s new heavy-duty Ultra Performance at Idle (UPI) alternator series is not simply a charging upgrade. It becomes a mobile power generation system that enables faster battery charging, supports large electrical loads, reduces generator use, enhances off-grid capability, and improves overall coach reliability.

“This new series is an expansion of our product capabilities,” explained APS President & CEO Amy Lank. “It gives our customers a choice in how to supply maximum power depending on their vehicle needs. They’ve asked for more power, and we’ve heard them loud and clear.”

New J180 and Pad Mount UPI Options Expand Installation Flexibility

Now expanded to include J180 and pad heavy-duty mounting styles, APS’ UPI high-output alternator series provides more output across the board at both lower and upper RPM. In addition, the increased power output at lower RPM means faster charging capability at lower speeds, including at idle. Plus, the lighter weight and smaller dimensions of the new UPI series also allow for multiple alternators in many configurations.

How UPI High-Output Alternators Support Modern Motorcoach Power Demands

Support for large house battery banks: APS’ UPI high-output alternator options are especially valuable for luxury motorcoaches because they help support the large house battery banks, inverter/chargers and energy management systems that power today’s residential-style coach amenities. By delivering substantially more charging current than many standard factory alternators, the system helps batteries recover faster while driving, giving owners more usable battery capacity and reducing the time needed to recharge after overnight use or extended off-grid operation.

Powering high electrical loads while driving: The expanded UPI line also helps power high electrical loads while the vehicle is in motion. Luxury coaches commonly rely on refrigerators, air conditioning, entertainment systems, satellite internet, office equipment, induction cooking, lighting, security systems and other onboard electronics that can operate simultaneously. A high-output alternator helps maintain stable voltage and reliable system performance when these loads exceed the capacity of a standard alternator.

Reduced generator runtime: For motorcoach owners who want to reduce generator runtime, the UPI alternator can provide significant charging power to the house batteries while the coach is underway. This can extend inverter operation, reduce generator hours, lower fuel consumption and decrease maintenance needs, contributing to a quieter and more efficient travel experience.

Better performance with lithium upgrades & off-grid capability: The new J180 and pad mount UPI options are also well suited for lithium battery upgrades, which can accept charge faster than traditional battery technologies. In these applications, a properly engineered high-output alternator system can help eliminate charging bottlenecks, improve battery recovery and increase energy independence during long-distance travel, extended road use and time spent away from shore power.

Availability and Configuration Options

All APS UPI high output alternators are available in 12-, 24-, and 48-volt options, ranging from 165 to 390 amps.

To view Ultra Performance at Idle alternator output curves, visit their website.

For more information contact American Power Systems, Inc.

About American Power Systems, Inc.

Founded in 2006, American Power Systems, Inc. was created to fulfill a growing need for high power alternatives for a wide range of vehicles and environments. Quickly gaining a worldwide reputation for quality, innovation and expertise, APS became the trusted partner of a variety of governmental agencies and companies around the globe, including clients such as US Department of State, US Dept. of Defense, US SOCOM (US Special Operations Command) and the Australian Ministry of Defence.

The Davenport, Iowa-based company specializes in the innovation and custom crafting of power conversion and distribution systems for armored, security, commercial, marine and purpose-built specialty vehicles like RVs and luxury motor coaches by staff with nearly 300 combined years of experience in the various fields of expertise it handles.

In March 2020, APS was honored as Small Business Exporter of the Year by the U.S. Small Business Administration (SBA) Region VII office. APS also has been honored as Battelle’s Small Business Supplier of the Year. With a growing client base and award-winning success, APS continues to expand and offer its business partners reliable, dependable, and durable products and hands-on support.

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SOURCE American Power Systems, Inc.