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Ensilica PLC ( (GB:ENSI) ) has issued an update.
EnSilica plc has secured an $18 million contract for the design and supply of an Arm-based mixed signal sensor interface ASIC for a European electromechanical product supplier. This contract, which will commence in April 2025, significantly boosts EnSilica’s chip supply pipeline to over $250 million, reinforcing its market position and expertise in high-volume production for automotive and industrial applications.
More about Ensilica PLC
EnSilica plc is a leading fabless design house specializing in custom ASIC design and supply for OEMs and system houses, as well as IC design services. The company provides custom RF, mmWave, mixed signal, and digital ICs to international customers in the automotive, industrial, healthcare, and communications markets. Headquartered near Oxford, UK, EnSilica has design centers in the UK, Bangalore, India, and Porto Alegre and Campinas, Brazil.
YTD Price Performance: -11.49%
Average Trading Volume: 116,789
Technical Sentiment Signal: Buy
See more data about ENSI stock on TipRanks’ Stock Analysis page.