### @SIVE — Confirmed — from the audited FY2025 annual report
Wireless — roughly 70% of revenue, up 53% in 2025 — is millimeter-wave beamforming for satellite, defense, fixed-wireless, moving left to right. Photonics, the other 30% and up 17%, carries the datacenter laser bet but today is engineering fees, LiDAR, bio-sensing on a small base — not datacenter revenue. Full year roughly 307 million kronor, up 40%, approximately $30 million total. Not a datacenter pure-play: a satellite-and-defense RF company with an early-stage laser option attached. Small, nimble, batting above our size. Room for many players. Right?
- tier: Confirmed (✓)
- source: SIVE / Two unrelated businesses, and the AI leg is the smaller one
- receipt: https://ticker.thevixguy.com/p/p-day-20260717-sive-src-sive-two-segments-ingest
- posted: 2026-07-17T20:09:37.553Z