Yes. It is called the SPC 2009, available only in 9mm. However, it is not yet available in the US. The J.P. Sauer & Son web site in Germany has information on the Sig Pro Compact.
Here's a photo of the Sig Pro Compact, along with one of the Sig Pro for comparison:
Below is a photo of the latest Compact version, the SPC 2022, chambered only in 9mm: