Curated News
By: NewsRamp Editorial Staff
February 19, 2025

EnSilica PLC Receives Positive Coverage from Stonegate Capital Partners

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Source News Release

TLDR

  • EnSilica PLC (AIM: ENSI) strengthens market position with 164% chip supply revenue growth, securing 5 new contracts in 1H25.
  • EnSilica PLC (AIM: ENSI) reported £9.3M revenue in 1H25, with EBITDA at (£0.2)M, continuing investments in scaling operations.
  • EnSilica PLC (AIM: ENSI) enhances global connectivity in automotive, industrial, healthcare, and satellite applications, contributing to a $25.0B ASIC market by 2030.
  • EnSilica PLC (AIM: ENSI) wins £10.4M UK Space Agency funding, secures Siemens follow-on contract, and designs $30.0M Telecommunications ASIC over 10 years.

Impact - Why it Matters

This news matters as it provides insights into EnSilica PLC's progress, financial performance, and contract momentum, showcasing the company's position in the global ASIC market and its potential for growth. Investors and industry observers can gain valuable information about EnSilica's future prospects and competitive edge.

Summary

Stonegate Capital Partners updates their coverage on EnSilica PLC, highlighting the company's strategic initiatives and market strengths in automotive, industrial, healthcare, and satellite connectivity applications for mixed-signal ASICs. EnSilica reported revenue and contract wins, showing a positive outlook for FY25.

Source Statement

This curated news summary relied on this press release disributed by Reportable. Read the source press release here, EnSilica PLC Receives Positive Coverage from Stonegate Capital Partners

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