RELEASE: Alphawave Semi opens office in Ottawa, expanding its presence and technical leadership in Canada

(Information sent by the signatory company).

RELEASE: Alphawave Semi opens office in Ottawa, expanding its presence and technical leadership in Canada

(Information sent by the signatory company)

New office includes extensive lab space to accelerate the company's technical leadership in high-speed connectivity

LONDON and TORONTO, March 3, 2023/PRNewswire/ -- Alphawave Semi (LSE: AWE), the world leader in high-speed connectivity for the global technology infrastructure, today announced the opening of its latest office in Ottawa, Ontario.

Located in the Kanata North Technology Park, the new office offers more than 20,000 square feet of workspace with more than 4,000 square feet of lab space for its controller, SerDes, and optical engineering teams. The new site, which was announced in July of last year, will allow Alphawave Semi's engineering teams to effectively test and present the next generation of connectivity technologies.

"Alphawave Semi has experienced extraordinary growth and has established a significant presence in North America," said Tony Pialis, CEO and co-founder of Alphawave Semi. "As a vertically integrated semiconductor company, this new office and lab space will ensure that we continue to serve our global customers with our industry-leading connectivity IP and silicon solutions, thanks to the capabilities this new space offers our engineers." .

The office houses ergonomic workspaces for all employees, a quiet room for mediation and prayer, collaborative spaces, and training rooms for on-site professional development. Creating dedicated spaces that support the company's diverse employee base was paramount in designing this latest office, and follows Alphawave Semi's recent award as a Great Place to Work®.

The Ottawa office is Alphawave Semi's newest location, with another office under construction in Pune, India. Alphawave Semi has more than 700 employees in seven countries around the world.

About Alphawave Semi

Alphawave Semi is the world leader in high-speed connectivity for the global technology infrastructure. In the face of exponential data growth, Alphawave Semi's technology addresses a critical need: enabling data to travel faster, more reliably, and with higher performance with lower power consumption. We are a vertically integrated semiconductor company, and our IP, custom silicon, and connectivity products are deployed by top-tier global customers across data centers, compute, networking, AI, 5G, autonomous vehicles, and storage. Founded in 2017 by a technically savvy team with a proven track record in semiconductor IP licensing, our mission is to accelerate the critical data infrastructure at the heart of our digital world. For more information on Alphawave Semi, visit: awavesemi.com.

Gravitate PR for Alphawave Semi, alphawave@gravitatepr.com

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