Business
$2.4m contract secured with existing customer
$2.4m contract secured with existing customer.
About this update from Ensilica Plc
[{"type":"text","content":"\n \n \n Prior to publication, the information contained within this announcement was deemed by the Group to constitute inside information for the purposes of regulation 11 of the Market Abuse (Amendment) (EU exit) Regulations 2019/310. With the publication of this announcement, this information is now considered to be in the public domain.\n \n \n \n \n \n \n \n \n 3 April 2023\n \n \n \n \n \n \n \n \n \n EnSilica plc\n \n \n \n (\"EnSilica\", the \"Company\" or the \"Group\")\n \n \n \n \n \n \n EnSilica secures $2.4m contract with an existing customer\n \n \n \n \n \n \n EnSilica, a leading mixed signal chip maker, is pleased to announce that it has secured a contract with an existing European based customer for approximately $2.4 million ('the Contract'). This most recent award with a longstanding EnSilica customer follows a period of strong new business momentum over the last four months, with contracts announced and others secured by the Company since 30 November 2022 totalling approximately $13.5 million and underpinning current market expectations.\n \n \n \n \n \n The Contract, the third secured by EnSilica with this customer, is to develop a TSMC 12nm FinFET ASIC using multiple high-speed Ethernet network interfaces. The Contract revenue spans the current and next financial year of the Company (ending 31 May).\n \n \n \n \n \n \n Ian Lankshear, Chief Executive Officer of EnSilica plc, commented:\n \n \n \n \n \n \n \n \"We are delighted to have been awarded this further contract with a valued EnSilica customer; strengthening our ongoing association with them and demonstrating their continuing confidence in our design and delivery capabilities.\"\n \n \n \n \n \n \n \n For further information please contact:\n \n \n \n \n \n \n \n \n \n \n \n EnSilica plc\n \n \n \n Ian Lankshear, Chief Executive Officer\n \n \n Matthew Wethey, Chief Financial Officer\n \n \n \n \n www.ensilica.com\n \n \n \n \n \n \n Via Vigo Consulting\n \n \n +44 (0)20 7390 0233\n \n \n \n \n \n \n \n \n \n \n Allenby Capital Limited, Nominated Adviser & Broker\n \n \n \n Jeremy Porter / Vivek Bhardwaj (Corporate Finance)\n \n \n Joscelin Pinnington/Tony Quirke (Sales & Corporate Broking)\n \n \n \n \n \n \n \n \n \n \n +44 (0)20 3328 5656\n \n \n info@allenbycapit...