Ensilica PLC (GB:ENSI) has released an update.
EnSilica PLC celebrates shipping five million automotive ASICs for a premium car manufacturer’s chassis control unit, marking a significant milestone in their long-term partnership. The deal, which began in 2018 and was expanded in 2023, is expected to generate around $40 million over six years. This achievement not only showcases EnSilica’s world-class design and supply capabilities but also underscores its role in the evolving electric vehicle market.
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