#VELA investee co. #ENSI EnSilica PLC – New Contract for a Timing Controller ASIC December 6, 2024 – Posted in: Vela Technologies Plc (VELA)
EnSilica (AIM: ENSI), a leading chip maker of mixed signal ASICs (Application Specific Integrated Circuits), is pleased to announce that it has been awarded a contract for the design and supply of a precision timing controller ASIC to be used in high-value industrial test equipment products (the “Contract”). The total value of the Contract, including non-recurring engineering (“NRE”) and supply, is projected to exceed US$30m over 10 years, based on quoted NRE fees and the client’s…
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