KISTA, Sweden, May 10, 2025 /PRNewswire/ — Sivers Semiconductors AB (STO:SIVE), a global leader in photonics and wireless technologies, today announced the successful renewal of its debt financing, securing a new three-year term loan with annual refinancing capability. The agreement is in partnership with a U.S. headquartered bank and marks a significant step in the company’s ongoing growth and financial strategy.

The new loan will facilitate refinancing of the company’s existing debt, which was previously scheduled to mature in May 2025. This renewal provides substantially better terms, enhanced financial flexibility and supports Sivers’ ongoing strategic focus and market objectives.

“We are pleased to have established a long-term partnership for our debt financing strategy and working capital needs,” said Vickram Vathulya, CEO of Sivers Semiconductors. “We have secured attractive terms and have aligned interests as we pursue exciting growth opportunities for Sivers’ wireless and photonics businesses.”

In connection with the new loan agreement, the company will issue 3,318,029 warrants to the lender at a subscription price of SEK 4.53 per share. The warrants have a term of five years, providing additional potential for capital raising and aligning the interests of stakeholders with the company’s long-term growth.

This refinancing strengthens the company’s capital structure and underlines the confidence financial institutions have in Sivers’ long-term vision and performance.

For more information, please visit: https://www.sivers-semiconductors.com/.

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

Company Contact
Vickram Vathulya
CEO
Tel: +46 (0)8 703 68 00
Email: ir@sivers-semiconductors.com. 

This disclosure contains insider 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 May 10, 2025 at 12:00 CET.

Sivers Semiconductors AB

We are Critical Enablers of a Greener Data Economy with Energy Efficient Photonics & Wireless Solutions. Our differentiated high precision laser and RF beamformer technologies help our customers in key markets such as AI Data Centers, SATCOM, Defense and Telecom solve essential performance challenges while enabling a much greener footprint. Visit us at: www.sivers-semiconductors.com.

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SOURCE Sivers Semiconductors

MUNICH, May 10, 2025 /PRNewswire/ — The highly anticipated The Smarter E Europe exhibition concluded on May 9 in Munich, Germany. Topband (002139.SZ) made a compelling appearance with its integrated “Cloud-PV-ESS-Charger” solution. With its cutting-edge technologies and system-level innovation capabilities, Topband attracted extensive engagement from industry experts and partners, underscoring its core competitiveness and market appeal in the digital energy sector. The presence further affirmed Topband’s long-term commitment to green energy and its accelerating global expansion strategy.

An End-to-End Product Ecosystem for a Smart, Safe, and Worry-Free Energy Experience

As an innovative leader in digital energy, Topband relies on its core technology system of “1 Cell1Cloud 3S(Cells, Cloud Platform, BMS，EMS, PCS)”, enabling a fully integrated ecosystem that spans cloud services, PV, energy storage, and EV charging system. Topband serves diverse application scenarios including outdoor portable applications, residential energy and C&I energy. Topband is consistently dedicated to developing safe, intelligent, and hassle-free one-stop energy solutions, driving the large-scale adoption of green energy, and genuinely bringing smart energy into every user.

At this exhibition, Topband unveiled its latest liquid-cooled all-in-one C&I energy storage system, powered by high-performance 314Ah lithium iron phosphate (LFP) cells. With high energy density and long cycle life, the system delivers up to 90% charging efficiency and supports parallel expansion. Optimized for peak shaving, dynamic capacity enhancement, and PV consumption, it offers exceptional energy efficiency and delivers the lowest levelized cost of storage (LCOE) for commercial and industrial users.

For EV charging system, Topband showcased its 60kW DC fast charger, supporting dual-vehicle charging with real-time dynamic power distribution. Engineered for outdoor reliability with IP54 protection and an operating range of -20°C to 50°C, it ensures stable performance in various conditions. With OCPP protocol support for seamless cloud integration, it helps urban commercial hubs upgrade their energy services and delivers a smarter, more convenient green mobility experience.

Partnering with SAX Power to Build a Smarter, Low-Carbon Energy Future

During the event, Topband signed a strategic partnership agreement with SAX Power, marking a new chapter in renewable energy collaboration. As a key technology partner of the German railway system, SAX Power brings deep expertise in high-voltage traction networks and lithium-ion energy storage systems. This partnership will integrate Topband’s strengths in “four electrics and one network”, energy storage products, R&D capabilities, and global supply chain with SAX Power’s robust localization capabilities and influence in the European market.

Looking ahead, Topband and SAX Power will join forces to expand internationally, delivering advanced energy solutions to customers across Europe and around the world. Topband looks forward to creating long-term value alongside SAX Power and driving the transformation toward a smart, low-carbon energy future.

Amid the global energy transition, Topband will continue to build on its strong technological foundation and empower global customers with more efficient and intelligent energy solutions—contributing to a greener, more sustainable world.

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SOURCE TOPBAND

MUNICH, May 10, 2025 /PRNewswire/ — At this year’s Intersolar Europe, Solavita, the solar energy brand under Skyworth Group, made a strong impression by unveiling new innovations in both commercial and residential energy solutions. Exhibiting a full range of modules, mounting systems, inverters and energy storage systems, Solavita demonstrated growing commitment to driving smarter, more flexible, and sustainable energy systems worldwide.

Launching the 30–50kW Hybrid Inverter for Commercial Projects

Solavita, ranked among the Top 2 Distributed PV Brands in China, proudly introduced new 30–50kW hybrid inverter, designed specifically for commercial solar projects. Built to meet the evolving demands of distributed energy, the inverter brings advanced features that deliver higher efficiency, greater flexibility, and enhanced system protection.

The new hybrid inverter is equipped with up to five MPPTs and supports 2x PV oversizing, maximizing energy capture even in complex rooftop scenarios. On the storage side, it offers three independent 55A battery inputs, supporting both 3-in-1 and separate battery configurations, and is fully compatible with 280 / 314Ah battery— ensuring seamless adaptability across projects.

Engineered for reliability, the inverter delivers 100% unbalanced output and supports 2x rated power input, ensuring stable operation under varying load conditions. It also includes a GEN port, providing more options for diesel generator integration, smart load management, or AC-coupled expansion.

Safety and durability were key design priorities: with smart RSD connectivity, optional AFCI, and an IP66 rating, the inverter is prepared for a wide range of installation environments. Operating at noise levels below 60dB, it’s also a perfect fit for projects with strict noise requirements.

This launch marks another important milestone in Solavita’s mission to deliver smarter, cleaner energy to businesses around the world.

Recognized as a Top Inverter Innovator by EUPD Research

In recognition of the continuous investment in technology and innovation, Solavita proudly received the “Top Inverter Innovator” and “Sustainable Exhibitor” award from EUPD Research during Intersolar Europe. These awards highlight Solavita’s position as a forward-thinking brand delivering trusted, high-performance energy solutions for a sustainable future.

Residential Energy Storage Solutions Take Center Stage

In addition to commercial offering, Solavita showcased its latest residential energy storage solutions, drawing significant attention from visitors through a live teardown demonstration.

The residential portfolio features a 5–15kW hybrid inverter built for adaptability and resilience. With low startup voltage, a wide operating range, rapid on-grid/off-grid switching under 10 milliseconds, and robust surge protection, it ensures uninterrupted and stable energy supply for households. Its durable design supports long-term reliability with minimal maintenance.

Complementing the inverter, Solavita’s high-voltage battery system was also on display. Featuring a modular stackable design, IP65-rated protection, and scalability up to eight modules, the battery system offers homeowners flexibility to expand their storage capacity as needed. Using premium lithium battery cells, the system is engineered for a long service life and dependable performance in all conditions.

With strong showing at Intersolar Europe 2025, Solavita continues to push the boundaries of innovation in distributed energy. Backed by the legacy of Skyworth Group — which also owns well-known brands Metz and Strong in Germany — Solavita is expanding its global footprint, helping more customers achieve smarter, greener, and more sustainable living.

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