Visit our new Alternative Investment section.Click here

Less Ads, More Data, More Tools Register for FREE

EnSilica wins multi-million pound design and manufacturing contract

Mon, 24th Mar 2025 14:21

(Alliance News) - EnSilica PLC on Monday said it has won a "multimillion-pound" design and manufacturing services contract with a "well-funded" and "pioneering" optical computing services firm.

The Oxford, England-based chip maker of mixed-signal application-specific integrated circuits said the deal includes "substantial" design services engagement and additional manufacturing services, activity for which will now increase "significantly" following the completion of an initial study phase.

Revenue from the deal will contribute to EnSilica's current financial year, as well as the next two years.

EnSilica also on Monday announced it has opened a second design centre in Campinas, Sao Paulo State, in Brazil, as a result of increased demand.

"We are pleased to secure this sizable contract with a pioneering optical computing systems company. This agreement not only underscores our capabilities in delivering comprehensive design and manufacturing services but also highlights the growing demand for European-based supply chains," said Chief Executive Officer Ian Lankshear.

"Our strengthened relationships with key wafer foundry and semiconductor supply chain partners enable us to provide high-quality wafers, packages, and completed tested devices.

"We are also delighted to be opening our second design centre in Brazil, which further underscores our strategic ambitions to expand our global footprint in order to meet the increasing demand for our services."

Shares in EnSilica were up 2.1% at 39.83 pence in London on Monday afternoon. The stock remains down 33% over the past year.

By Emily Parsons, Alliance News reporter

Comments and questions to newsroom@alliancenews.com

Copyright 2025 Alliance News Ltd. All Rights Reserved.

Ensilica

Shares in this article

Related News

WINNERS & LOSERS: RWS unveils deal; Gulf Marine wins contracs
5 May 2026

WINNERS & LOSERS: RWS unveils deal; Gulf Marine wins contracs

(Alliance News) - The following are the leading risers and fallers among London Main Market small-cap and AIM stocks on Tuesday.

TRADING UPDATES: Anglo Asian hails plant upgrades; EnSilica wins deal
23 Apr 2026

TRADING UPDATES: Anglo Asian hails plant upgrades; EnSilica wins deal

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Thursday and not separately reported by Alliance News:

WINNERS & LOSERS: Diales earnings rise; Mirriad warns of liquidation
23 Apr 2026

WINNERS & LOSERS: Diales earnings rise; Mirriad warns of liquidation

(Alliance News) - The following are the leading risers and fallers among London Main Market small-cap and AIM stocks on Thursday.