Sivers Semiconductors Reports Q2 2026 Results as Product Growth, Record Pipeline and Customer Ramps Position Company for Growth Acceleration PR Newswire
KISTA, Sweden, Aug. 27, 2026
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.
, /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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Invitation to Presentation of Sivers Semiconductors' Q2 2026 Report PR Newswire
NEW YORK, Aug. 20, 2026
NEW YORK, /PRNewswire/ -- Sivers Semiconductors AB (STO: SIVE) will publish its interim report for the second quarter of 2026 on 27 August 2026 at approx. 6:00 PM CET. In connection with the earnings release, a presentation will be held starting at 7:00 PM CET.
As Sivers' shareholder base has become increasingly international, particularly with a growing number of U.S. investors, the Company will publish quarterly reports and host webcasts after market close going forward. The updated timing supports broader participation in earnings presentations and investor discussions across international markets.
The second quarter 2026 presentation will be delivered by webcast on: https://sivers-semiconductors.events.inderes.com/q2-report-2026
About Sivers Semiconductors
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.
Company Contact
Heine Thorsgaard
CFO
[email protected]
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NEW YORK, /PRNewswire/ -- Sivers Semiconductors AB (STO: SIVE) will publish its interim report for the second quarter of 2026 on 27 August 2026 at approx. 6:00 PM CET. In connection with the earnings release, a presentation will be held starting at 7:00 PM CET.
As Sivers' shareholder base has become increasingly international, particularly with a growing number of U.S. investors, the Company will publish quarterly reports and host webcasts after market close going forward. The updated timing supports broader participation in earnings presentations and investor discussions across international markets.
The second quarter 2026 presentation will be delivered by webcast on: https://sivers-semiconductors.events.inderes.com/q2-report-2026
About Sivers Semiconductors
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.
Company Contact
Heine Thorsgaard
CFO
[email protected]
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Sivers Will Supply Lasers and Optical Amplifiers with Cumulative Revenue Potential Ranging From $53M to $138M Over Our Customer's Product Lifecycle
, /PRNewswire/ -- Sivers Semiconductors AB (STO: SIVE), a global leader in photonics and wireless technologies, today announced their strategic LiDAR (Light Detection and Ranging) customer has incorporated Sivers technology across their platforms and will ramp production from Q4 2026 for Automotive and Industrial applications.
According to the latest research from Yole Group, the global automotive LiDAR market is projected to grow from $861 million in 2024 to $3.8 billion by 2030, representing a compound annual growth rate (CAGR) of 28%. The partnership marks a significant expansion of Sivers' photonics technologies into advanced LiDAR systems, highlighting growing adoption across passenger vehicles, commercial fleets, and industrial and robotics platforms.
"Our strategic customers' LiDAR technology sets a new bar for precision and reliability in automotive and industrial sensing," said Alex McCann, Managing Director for the photonics business at Sivers Semiconductors. "Our Continuous Wave (CW) Distributed Feedback (DFB) lasers and optical amplifiers are well-suited for these demanding applications. This partnership highlights the flexibility and scalability of our photonics platform as it expands into new markets."
"Our LiDAR platforms are increasingly being adopted by Tier 1 Automotive OEMS as well as brand name customers in Industrial markets, illustrating the strength of our value proposition," said customer spokesperson. "Siver's lasers and optical amplifiers are essential components to help us build our world-class product platforms and we appreciate our collaborative partnership."
For more information, please visit https://www.sivers-semiconductors.com/.
About Sivers Semiconductors
Sivers Semiconductors is a critical enabler of a greener data economy with energy efficient photonics & wireless solutions. The Company's differentiated high precision laser and RF beamformer technologies help our customers in key markets such as AI Datacenters, SATCOM, Defense and Telecom solve essential performance challenges while enabling a much greener footprint. For additional information, please visit us at: www.sivers-semiconductors.com. (SIVE.ST)
Media Contact
Tyler Weiland
Shelton Group
+1-972-571-7834
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Company Contact
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CFO
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Reduction related to periodic fund level rebalancing and payment of fund expenses
, /PRNewswire/ -- Sivers Semiconductors AB (STO: SIVE), a global leader in photonics and wireless technologies, today clarifies the background to the reduction in Kairos Ventures' holdings of Sivers Semiconductors shares as disclosed through the notification to the insider register on March 25, 2026. The reduction is related to periodic fund level rebalancing and payment of fund expenses at Kairos.
"Both Kairos and I personally have a stronger conviction than ever in the long-term potential of Sivers Semiconductors, and I continue to maintain my sizeable personal shareholdings in Sivers intact," said Todd Thomson, COO of Kairos Ventures and board member of Sivers Semiconductors.
About Sivers Semiconductors
Sivers Semiconductors is a critical enabler 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 Datacenters, SATCOM, Defense and Telecom solve essential performance challenges while enabling a much greener footprint. For additional information, please visit us at: www.sivers-semiconductors.com. (SIVE.ST)
Company Contact:
Heine Thorsgaard
CFO
[email protected]
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7-15ghz Beamforming Chipsets Unlock $1.3B of New Emerging Serviceable Available Market (SAM) in Base Station and Consumer Premise Equipment (CPE) Segments
, /PRNewswire/ -- Sivers Semiconductors AB (STO: SIVE), a global leader in photonics and wireless technologies, today announced general availability of its 7-15GHz Daybreak™ beamforming ICs for emerging 5G/6G FR3 applications as well as multi-function defense arrays. FR3 frequencies are the next frontier for 5G-Advanced and 6G network deployments, combining the benefits of superior propagation at sub-6GHz and wider bandwidths at millimeter-wave frequencies.
While global standardization of the FR3 band is pending, Yole Intelligence 5G/6G market reports estimate a $1.3B SAM in 2030 based on FR3 penetration assumptions in base stations and CPE.
Sivers' DAYBREAK0715 beamforming ICs delivers industry-leading broadband transmit power and efficiency, while also offering state-of-the-art receiver noise figure. The ICs also support integration with external front-end modules.
"Daybreak™ is already getting a lot of interest from several customers," said Harish Krishnaswamy, Managing Director, Wireless Division at Sivers Semiconductors. "This product will accelerate our customer solutions to the market for base stations and CPE devices as the interest in FR3 continues to grow worldwide."
The new chipset was developed under the $6M US Department of Defense (DoD) Microelectronics Commons 5G/6G project awarded to Sivers in 2024 and included Raytheon and Ericsson as partners.
For more information, visit https://www.sivers-semiconductors.com/.
About Sivers Semiconductors
Sivers Semiconductors is a critical enabler 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 Datacenters, SATCOM, Defense and Telecom solve essential performance challenges while enabling a much greener footprint. For additional information, please visit us at: www.sivers-semiconductors.com. (SIVE.ST)
Media Contact
Tyler Weiland
Shelton Group
+1-972-571-7834
[email protected]
Company Contact
Heine Thorsgaard
CFO
[email protected]
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, /PRNewswire/ -- Sivers Semiconductors AB (publ) (STO: SIVE) ("Sivers" or the "Company") today publishes its Annual Report for 2025 and corrects for changes in the results as reported in the year-end report published on February 26, 2026. The Annual Report is available on the Company's website, www.sivers-semiconductors.com.
As previously communicated, the Company has upgraded its consolidated financial statements for 2024 and 2025 to align better with the US Public Company Accounting Oversight Board (PCAOB) standards in connection with the evaluation of a potential dual listing on Nasdaq New York. As part of this process, certain financial figures have been adjusted, including the reallocation of revenues between reporting periods and to 2026 and later, revised inventory valuations, updated fair value assumptions for share-based compensation, and impairment of previously capitalized development expenditures. These corrections are described in detail in Note 32 to the consolidated financial statements in the Annual Report.
Compared to the previously communicated results in the year-end report for 2025, the corrections result in the following changes to the Group's consolidated key figures for the full year 2025: net sales of SEK 306.6 million (previously SEK 304.1 million); operating result (EBIT) of SEK -177.8 million (previously SEK -141.3 million); and net result for the year of SEK -222.6 million (previously SEK -186.5 million). Earnings per share before and after dilution amounted to SEK -0.81 (previously SEK -0.69). Equity amounted to SEK 949.8 million (previously SEK 1,076.8 million) and equity per share to SEK 3.05 (previously SEK 3.46).
The comparative figures for 2024 have also been restated as a result of the error corrections. The restated 2024 figures include net sales of SEK 219.2 million (previously SEK 243.7 million) and net result for the year of SEK -183.9 million (previously SEK -116.3 million). Further details regarding the nature and impact of each correction are provided in Note 32 to the consolidated financial statements.
The Group has also changed the presentation of its consolidated income statement from a classification by nature of expense to a classification by function, as further described in Note 31 to the consolidated financial statements.
The Company further announces that the publication of the Interim Report for the first quarter of 2026 is postponed from May 20, 2026 to May 29, 2026. The financial calendar on the Company's website, www.sivers-semiconductors.com, will be updated accordingly. The postponement is attributable to the ongoing audit uplift undertaken in connection with the evaluation of a potential dual listing on Nasdaq New York.
This disclosure contains information that Sivers Semiconductors AB (publ) is obliged to make public pursuant to the EU Market Abuse Regulation (EU No 596/2014). The information was submitted for publication through the CFO on May 13, 2026 at 19:30 CET.
For more information, please contact:
Heine Thorsgaard
CFO, Sivers Semiconductors
Email: [email protected]
About Sivers Semiconductors
Sivers Semiconductors is a critical enabler 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 Datacenters, SATCOM, Defense and Telecom solve essential performance challenges while enabling a much greener footprint. For additional information, please visit us at: www.sivers-semiconductors.com. (SIVE.ST)
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$6.6M Year 2 Program Award through NEMC Rewards Strong Execution and Reinforces Growing Momentum in Modernizing U.S. Defense Infrastructure Using Sivers Technology
, /PRNewswire/ -- Sivers Semiconductors AB (STO: SIVE), a global leader in photonics and wireless technologies, today announced a second-year extension of its Electronic Warfare (EW STAR) project from the Northeast Microelectronics Coalition (NEMC) Hub under the Microelectronics Commons program.
The Year 2 program award totals $6.6 million, a strong recognition of Sivers' technical results and execution to milestones.
"This second-year extension of the EW STAR program reflects Siver's innovative technology and strong first-year technical progress," said Harish Krishnaswamy, Managing Director, Wireless Division at Sivers Semiconductors. "We appreciate the continued support of NEMC and the Microelectronics Commons program, as we advance critical technologies to modernize defense architectures and systems."
The EW STAR program is advancing wideband antenna array technologies that enable simultaneous transmit-and-receive operation for electronic warfare, communications, and radar, with support for dual-use commercial applications.
The program is funded through the Microelectronics Commons program, established by the Naval Surface Warfare Center (NSWC) Crane Division, and awarded via the NEMC Hub, with Sivers Semiconductors collaborating alongside BAE Systems, MIT Lincoln Laboratory, and Columbia University.
For more information, please visit https://www.sivers-semiconductors.com/.
About Sivers Semiconductors
Sivers Semiconductors is a critical enabler 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 Datacenters, SATCOM, Defense and Telecom solve essential performance challenges while enabling a much greener footprint. For additional information, please visit us at: www.sivers-semiconductors.com. (SIVE.ST)
About the NEMC Hub
The Northeast Microelectronics Coalition (NEMC) Hub is a network of 300+ organizations including commercial and defense companies, leading academic institutions, federally funded research and development centers (FFRDCs), and startups concentrated in eight Northeastern states. Established in 2023, the NEMC Hub is one of eight regional Microelectronics Commons Hubs working to expand the nation's global leadership in microelectronics and accelerate domestic semiconductor prototyping. The NEMC Hub is a division of the Massachusetts Technology Collaborative (MassTech) and was established with federal CHIPS and Science Act funding under the Microelectronics Commons program and executed through the Naval Surface Warfare Center Crane Division (NSWC Crane) and the National Security Technology Accelerator (NSTXL). The Hub fosters a vibrant, connected microelectronics ecosystem to provide sustainable lab-to-fab enablement, boost education and workforce development, and spur new jobs. Learn more at https://nemicroelectronics.org/
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Sivers Semiconductors AB (publ), Publishes Interim Report Q1, January - March 2026 PR Newswire
KISTA, Sweden, May 29, 2026
Record Opportunity Pipeline Growth, and Multiple Product Ramps into 2027 remain on Track for Growth Acceleration. Q1 2026 financials impacted by U.S. Government shutdown and associated defense budget approval delays as well as exchange rate
, /PRNewswire/ -- Sivers Semiconductors AB (STO: SIVE), a global leader in photonics and wireless technologies today announced financial results for Q1 2026, including a Year-to-Date growth of 77% in its opportunity pipeline to $799M, compared to end of 2025. Q1 revenues were impacted by U.S. Government shutdown in Q4 2025 and associated defense budget approval delays as well as an unfavorable exchange rate environment. Sivers expenses grew to increase sales resources for its growing pipeline as well as preparations for the potential U.S. dual listing. The recent capital raise in May 2026 added high quality institutional investors and provides solid runway for the Company to execute on its plans.
First quarter January – March 2026
Net sales amounted to SEK 61.9 m (78.9), equivalent to a decrease of 22% YoY.Adjusted EBITDA totaled SEK -13.8 m (-6.0), equivalent to a decrease by SEK 7.8 mProfit/loss before depreciation and amortization (EBITDA) amounted to SEK -24.7 m (-8.6)Operating profit/loss (EBIT) was SEK -41.5 m (-28.3)Profit/loss after tax amounted to SEK -42.7 m (-49.9)Cash flow from operating activities was SEK -49.2 m (-15.8)Earnings per share before and after dilution were SEK -0.14 (-0.19)Equity per share amounted to SEK 2.99 (3.99)Financial highlights after the end of the period:
Resolved on a directed share issue amounting to approximately 125 MSEKStrategic and Operational Highlights in the quarter:
Awarded strategic development contract by leading U.S. defense contractorAnnounced new broad market SATCOM beamforming ICs and antenna panelsRefinanced group debt facilities with Bootstrap EuropeShowcased cutting-edge SATCOM and Fixed Wireless Access innovations at MWC BarcelonaDemoed latest photonics and DFB laser array solutions at OFC 2026Announced production ramp Q4 2026, with Automotive LiDAR customerAnnounced strategic partnership with O-Net and Enablence TechnologiesAttended and demoed latest SATCOM solutions to SATShow 2026Announced General availability of Daybreak™ 5G/6G ICs for FR3 applicationsStrategic and Operational Highlights after the end of the period:
Announced collaboration with Jabil on 1.6T Pluggable Transceiver ModuleIndicated Board consideration for potential U.S. dual listingTachyon Networks expanded FWA Portfolio with 1.5 MUSD new development partnership with SiversMicroelectronic Commons strengthened commitment to Sivers with year 2 funding of the EW Star project under the U.S. Chips Act funding programWelcomed the nomination of new Sivers Board members Joakim Nideborn and Helena Svancar"While the U.S. Government shutdown in Q4 2025 and associated defense budget approval delays pushed some expected revenues from Q1(and Q2) into the second half of 2026, we remain on track to our full-year revenue growth plan," said Vickram Vathulya, CEO of Sivers Semiconductors. "Tremendous momentum in our focus markets for photonics and wireless along with a significant increase in our opportunity pipeline create the potential for higher revenue CAGR in future years. With multiple ramps on track for 2027, we are poised to shift to higher levels of product shipments 2027 onwards and deliver long-term value for our shareholders and customers."
An online presentation of the Interim Report will be held at 8:00 AM (CEST) on May 29, 2026.
Register for the webinar at: https://sivers-semiconductors.events.inderes.com/q1-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 May 29, 2026 07:00 CEST.
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Sivers' laser arrays to support GlobalFoundries' silicon photonics platform and SCALE™ optical engine solutions targeting a $25B Pluggable Optics market by 2030
, /PRNewswire/ -- Sivers Semiconductors AB (STO: SIVE), a global leader in photonics and wireless technologies, today announced a strategic collaboration with GlobalFoundries (NASDAQ: GFS) (GF), to develop advanced silicon photonics solutions for the high-growth AI infrastructure market.
Sivers Semiconductors' laser arrays will be integrated into reference designs built on GF's silicon photonics platform. The collaboration supports a range of optical connectivity architectures, including co-packaged optics (CPO), linear pluggable optics (LPO), and other emerging data center interconnect solutions. Sivers' laser arrays will also be available in GF's Silicon Photonics Co-packaged Advanced Light Engine (SCALE™) platform for next-generation optical sub-assemblies and light engine architectures. GF's SCALE CPO solution combines integrated photonic devices, coarse and dense wavelength-division multiplexing (CWDM, DWDM) and advanced packaging enablement to improve bandwidth density and system scalability.
"The rapid expansion of AI workloads and hyperscale data center architectures demand advanced photonics technologies that deliver higher bandwidth, improved energy efficiency, and scalable optical connectivity," said Raymond Biagan, CRO at Sivers Semiconductors. "Our collaboration with GlobalFoundries positions both companies at the leading edge of silicon photonics innovation."
"GlobalFoundries continues to see strong momentum for silicon photonics solutions as AI data center architectures evolve toward higher bandwidth density and improved power efficiency," said Vikas Gupta, Senior Fellow, Silicon Photonics Product Line at GlobalFoundries. "Pairing Sivers Semiconductors' laser array technology with our silicon photonics and SCALE CPO platforms provides our customers with advanced, scalable optical engine solutions for high-bandwidth co-packaged optics and optical interconnects."
For more information, please visit https://www.sivers-semiconductors.com/.
About Sivers Semiconductors
Sivers Semiconductors is a critical enabler 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 Datacenters, SATCOM, Defense and Telecom solve essential performance challenges while enabling a much greener footprint. For additional information, please visit us at: www.sivers-semiconductors.com. (SIVE.ST)
About GF
GlobalFoundries (GF) is a leading manufacturer of essential semiconductors, enabling AI at scale from the cloud to the physical world. Through deep partnerships with customers, GF delivers differentiated, power-efficient and high-performance solutions for automotive, aerospace and defense, data center, smart mobile devices, internet of things and other high-growth markets. With global manufacturing operations across the U.S., Europe and Asia, GF is a trusted and holistic technology partner for customers around the world. GF's talented, global team remains focused every day on security, longevity and sustainability. For more information, visit www.gf.com.
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Shelton Group
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