EnSilica Secures Major Contract and Expands Operations in Brazil

Ensilica PLC ( (GB:ENSI) ) has provided an update.

EnSilica PLC has secured a multimillion-pound contract for design and manufacturing services with a pioneering optical computing systems company, marking a significant boost in its operations. This contract, along with the opening of a second design center in Brazil, underscores EnSilica’s strategic expansion and its commitment to strengthening European-based supply chains, leveraging partnerships with key wafer foundry and semiconductor supply chain partners.

More about Ensilica PLC

EnSilica is a leading fabless design house specializing in custom ASIC design and supply for OEMs and system houses, as well as IC design services for companies with their own design teams. The company excels in providing custom RF, mmWave, mixed signal, and digital ICs to international customers across 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: -10.34%

Average Trading Volume: 102,755

Technical Sentiment Signal: Buy

For a thorough assessment of ENSI stock, go to TipRanks’ Stock Analysis page.