Just in: $SIVE gets $6.6M from the US CHIPS ACT.
This is a $6.6M Year 2 Program.
In collaboration with BAE Systems: "Modernizing U.S. Defense Infrastructure Using Sivers Technology"
This is incredibly bullish to have such a small company in $SIVE to get CHIPS ACT funding.
As it positions Sivers as a critical, US-government backstopped chokepoint for national security.
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$SIVE just got $6.6M Year 2 from U.S. Microelectronics Commons.
Building simultaneous transmit/receive antenna arrays for EW & radar alongside BAE Systems and MIT Lincoln Lab. The DoD doesn’t keep funding companies it doesn’t believe in.
And this is just one program. Once you’re embedded in U.S. defense supply chains with MIT and BAE as your references more contracts follow.
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