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EUR 5m Satellite Broadband Chip Contract Win
EUR 5m Satellite Broadband Chip Contract Win.
About this update from Ensilica Plc
[{"type":"text","content":"\n \n \n Prior to publication, the\n information contained within this announcement\n was\n deemed by the\n Group\n to constitute inside information\n for the purposes of Regulation 11 of the\n Market Abuse\n (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 17 February 2023\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 €\n \n \n 5 million contract award to develop Satellite Broadband Chip\n \n \n \n \n \n \n \n \n EnSilica (AIM:ENSI), a leading mixed signal chip maker, is pleased to announce that it has been awarded a\n €5m contract\n to develop a new chip to address the next generation of mass market satellite broadband user terminals (the \"Contract\").\n \n \n \n \n \n The Contract has been awarded in the framework of the European Space Agency's (ESA) Advanced Research in Telecommunications Systems Core Competitiveness programme (\"\n \n \n ARTES\n \n \n CC\"), through the support of the\n UK Space Agency\n . The activities included in the Contract are co-funded (75%) by the ARTES CC programme. The ARTES CC programme is designed to support industry to develop the next generation of telecommunications technologies, products and systems in the satellite communication market. The Contract foresees development activities over 2 years.\n \n \n \n \n \n EnSilica will develop its own satellite broadband chip, to enable the next generation of low-cost, low-power satellite broadband user terminals. This type of component is a key enabler for user terminals operating with low earth orbit (LEO) satellite systems. User terminals track the relative movement of the satellites, allowing users to access high capacity connectivity in a very wide range of use cases, including automotive, maritime and aerospace connectivity, as well as connectivity for rural households. \n \n \n \n \n \n EnSilica has a strong track record within the satellite market, having successfully completed a €2.2m (75% co-funded) ARTES CC contract with ESA in 2019 to develop the Company's own mmWave chip, which is another key component in the next generation of affordable, low-power, consumer-scale electronically steerable a...