With last week’s FY 2024 results EnSilica stated that it was in contract negotiations for a further three Design & Supply contracts which it expected to sign by the end of the year. The NRE (Design revenues) of these contracts was forecast to be worth £11.1m, and the contracts are supported by significant upfront payments. The first of these contracts was announced today for the Design and Supply of an ASIC for Oriole Networks Ltd (“Oriole”). Whilst specific financials were not provided, EnSilic ....
