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EnSilica Secures $1.4M Order for Satellite Payload ASIC Development

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EnSilica Secures $1.4M Order for Satellite Payload ASIC Development

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Ensilica PLC ( (GB:ENSI) ) has issued an update.

EnSilica plc has secured a $1.4 million purchase order for the next phase of developing a satellite payload ASIC for a global satellite service operator. This order, which follows a feasibility study, will contribute to the company’s FY26 revenue and could be worth several million dollars over the following years if the program progresses as expected. The order underscores EnSilica’s position as a leading independent supplier of complex payload communication ASICs, highlighting its expertise in advanced digital signal processing and Radio Frequency technologies.

The most recent analyst rating on (GB:ENSI) stock is a Hold with a £43.00 price target. To see the full list of analyst forecasts on Ensilica PLC stock, see the GB:ENSI Stock Forecast page.

Spark’s Take on GB:ENSI Stock

According to Spark, TipRanks’ AI Analyst, GB:ENSI is a Neutral.

Ensilica PLC shows promising growth potential, driven by strategic corporate developments and improving cash flow. However, the company’s current lack of profitability and negative P/E ratio weigh down its valuation. While technical indicators show moderate positive momentum, the strong corporate events contribute significantly to the overall score, highlighting future growth prospects.

To see Spark’s full report on GB:ENSI stock, click here.

More about Ensilica PLC

EnSilica plc is a leading fabless design house specializing in custom ASIC design and supply for OEMs and system houses, as well as providing IC design services. The company excels in delivering custom RF, mmWave, mixed signal, and digital ICs to international customers in sectors such as automotive, industrial, healthcare, and communications. Headquartered near Oxford, UK, EnSilica operates design centers across the UK, India, Brazil, and Hungary.

Average Trading Volume: 323,361

Technical Sentiment Signal: Sell

Current Market Cap: £36.23M

For detailed information about ENSI stock, go to TipRanks’ Stock Analysis page.

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