Anders Storm Appointed Expert Advisor to Tema Photonics & Optical ETF (LAZR)

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special purpose vehicle financial

A special purpose vehicle (SPV) is a separate legal entity created to isolate financial risk or hold specific assets, much like a dedicated safe for a particular investment or project. Investors pay attention to SPVs because they can influence how risks and rewards are managed, and sometimes they are used to structure transactions more efficiently or hide certain financial details.

optical interconnect technical

Optical interconnect is a way of linking electronic components using pulses of light instead of traditional electrical wires, like swapping copper cables for fiber-optic highways inside and between devices. It matters to investors because light-based connections can carry much more data, use less power and generate less heat than electrical links, which can lower operating costs and enable faster, more scalable products for data centers, telecom and high-performance computing markets.

signal integrity technical

Signal integrity is the ability of an electronic wire, circuit or connector to carry data signals cleanly and reliably without distortion or errors, like keeping a phone call clear despite background noise. For investors, it matters because poor signal integrity leads to malfunctioning or slower products, higher development and warranty costs, and can limit a company’s ability to sell into high‑speed markets such as data centers, telecom and advanced consumer electronics.

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Former Sivers Semiconductors CEO joins Tema's expert advisory board, bringing deep photonics and optical networking expertise.

NEW YORK--(BUSINESS WIRE)-- Tema ETFs (“Tema”), a leader in institutional-grade¹ and actively managed exchange-traded funds, today announced that Anders Storm, former CEO of Sivers Semiconductors and currently CEO of Dirac Research, has been appointed Expert Advisor to the Tema Photonics & Optical ETF (LAZR).

Launched in research partnership with SemiAnalysis, LAZR invests in global photonics and optical technology leaders and holds the largest pre-IPO position in Anthropic via an SPV of any U.S.-listed ETF by portfolio weight.² As AI increasingly tests copper’s physical limits, photonics is becoming essential to moving data faster and more efficiently across the chips, servers, and data centers powering advanced models such as Anthropic’s Claude.

"Having spent nearly a decade inside the photonics industry as CEO of Sivers Semiconductors, I've watched data center optical interconnect go from a niche engineering problem to the critical bottleneck in AI infrastructure, as copper has run out of runway," said Anders Storm. "Our partnership aims to establish LAZR as the category-leading ETF. LAZR is one of the few rigorous vehicles, giving investors precise, well-researched exposure to the photonics and optical companies solving AI's mounting networking constraints."

"We are thrilled to welcome Anders to Tema and bring his industry insight to LAZR," said Maurits Pot, Founder and CEO of Tema ETFs. "Anders is one of the most distinguished leaders in the photonics and optical networking industry."

LAZR Fund Facts

Ticker	LAZR
Exchange	NYSE
CUSIP	87975E743
Gross Expense Ratio	0.75%
Listing Date	June 30, 2026
Fund Website	temaetfs.com/LAZR

About Tema ETFs

Tema builds institutional-grade ETFs for a range of market environments, offering structural growth and durable core solutions. Founded in 2022, Tema is backed by Index Ventures, Accel Partners, and over a dozen financial services CEOs.

Sources:

¹ Institutional-grade is used to describe Tema's investment philosophy and process, including research, security selection, portfolio construction, and risk management practices derived from the experience of professionals with institutional investment management backgrounds. The term does not imply that any fund has achieved a particular performance standard, quality rating, certification, or industry designation, and should not be interpreted as an objective measure of investment merit.

² Bloomberg, July 31, 2026. Anthropic is a private security accessed through an SPV and is 5.00% of LAZR holdings as of Aug 7, 2026. Private investments held through SPVs carry additional risks. Consider fund risk and objectives before investing. For current fund information, holdings, and the prospectus, visit the LAZR fund page.

Risk Information
Carefully consider the Fund’s investment objectives, risk factors, charges and expenses before investing. This and additional information can be found in the Fund’s prospectus or summary prospectus, which may be obtained by visiting www.temaetfs.com/lazr. Read the prospectus carefully before investing.

Investing involves risk including possible loss of principal. There is no guarantee the fund's investment strategy will be successful.

Sector Focus Risk: The Fund may invest a significant portion of its assets in one or more sectors and thus will be more susceptible to the risks affecting those sectors than funds that have more diversified holdings across a number of sectors. The Fund anticipates that it may be subject to some or all of the risks described below.

Semiconductor Companies Risk: The Fund invests in companies primarily involved in the development, design, distribution, manufacture and sale of semiconductors. Semiconductor companies are significantly affected by rapid obsolescence, intense competition and global demand. The Fund is also subject to the risk that the securities of such issuers may underperform the market as a whole due to legislative or regulatory changes. The prices of securities of semiconductor companies may fluctuate widely in response to such events.

Optical and Photonic Companies Risk: The Fund invests in Optical and Photonic Companies, which may have limited product lines, markets, financial resources or personnel and are subject to the risks of changes in business cycles, world economic growth, technological progress and government regulation. These companies are also heavily dependent on intellectual property rights, and challenges to or misappropriation of such rights could have a material adverse effect on such companies. Securities of Optical and Photonic Companies tend to be more volatile than securities of companies that rely less heavily on technology. Optical and Photonic Companies typically engage in significant amounts of spending on research and development, and rapid changes to the field could have a material adverse effect on a company’s operating results. Additionally, the development, design, manufacturing, and commercialization of optical and photonic technologies, as well as related subsystems, equipment, materials, and services, are complex and evolving, and may face unforeseen technical challenges (including integration, signal integrity, and manufacturing yield issues), supply chain disruptions, intense competition and pricing volatility, regulatory developments (including export controls on photonic and semiconductor technologies), and market acceptance uncertainties. The commercial adoption of optical interconnect and photonic technologies, including within data center and telecommunications infrastructure, is subject to the pace of broader industry transitions and capital expenditure cycles, which may be slower or more uneven than anticipated. As a result, investments in Optical and Photonic Companies may be subject to higher levels of risk and volatility.

Information Technology Sector Risk: Information technology companies face intense competition, both domestically and internationally, which may have an adverse effect on their profit margins. Like other technology companies, information technology companies may have limited product lines, markets, financial resources or personnel. Companies in the information technology sector are heavily dependent on patent and intellectual property rights. The loss or impairment of any of these rights may adversely affect the profitability of these companies or the Fund’s performance.

Special Purpose Vehicles and Private Company Risk: SPVs and private company ownership have increased liquidity and valuation risk. These risks may make it difficult for those securities to be traded or valued, especially in the event of adverse economic and liquidity conditions or adverse changes in the issuer’s financial condition. The market for certain non-exchange traded securities may be limited to institutional investors, subjecting such investments to further liquidity risk if a market were to limit institutional trading. There may also be less information available regarding such non-exchange traded securities than for publicly traded securities, which may make it more difficult for the Adviser to fully evaluate the risks of investing in such securities and as a result place the Fund’s assets at greater risk of loss than if the Adviser had more complete information. In addition, the issuers of non-exchange traded securities may be distressed, insolvent, or delinquent in filing information needed to be listed on an exchange. Disposing of non-exchange traded securities, including privately placed securities, may involve time-consuming negotiation and legal expenses, and selling them promptly at an acceptable price may be difficult or impossible. Securities purchased in private placements may be subject to legal or contractual restrictions on resale. Please see https://temaetfs.com/LAZR for more information.

Tema ETFs LLC serves as the investment adviser to Tema Photonics & Optical ETF, and Tidal Investments LLC serves as a sub-adviser to the Funds. The Funds are distributed by Vigilant Distributors, LLC, which is not affiliated with Tema ETFs LLC nor Tidal Investments LLC. Check the background of Vigilant Distributors, LLC on FINRA’s BrokerCheck.

View source version on businesswire.com: https://www.businesswire.com/news/home/20260810138048/en/

Media Contact
Steve Munroe
Steve.munroe@temaetfs.com

Source: Tema ETFs