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The latest announcement is out from Ensilica PLC ( (GB:ENSI) ).
EnSilica PLC announced its unaudited results for the first half of FY25, highlighting a significant increase in chip supply revenue, which more than doubled. The company secured five new design and supply ASIC contracts, reflecting its successful strategy to penetrate high-growth, tech-driven markets. EnSilica’s expansion in the satellite communications sector was bolstered by a £10.4 million UK Space Agency grant, enhancing its competitiveness in the satellite broadband communication user terminals market. Despite a slight decrease in overall revenue, the company’s efforts to transition to a fabless semiconductor model with diverse revenue streams are evident, as demonstrated by several significant contract wins and a solid sales pipeline.
More about Ensilica PLC
EnSilica PLC is a prominent fabless design house that specializes in custom ASIC design and supply for OEMs and system houses, along with IC design services for companies possessing their own design teams. EnSilica boasts expertise in providing custom RF, mmWave, mixed signal, and digital ICs to international customers within automotive, industrial, healthcare, and communications markets. The company also offers a broad range of core IP that includes cryptography, radar, and communication systems. Headquartered near Oxford, UK, EnSilica operates design centers in the UK, India, and Brazil.
YTD Price Performance: 12.64%
Average Trading Volume: 89,770
Technical Sentiment Consensus Rating: Sell
See more data about ENSI stock on TipRanks’ Stock Analysis page.
