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EnSilica plc has entered into two development contracts with a leading European satellite operator to develop two chips for its next-generation satellite network. The contracts include initial NRE revenues of $6.8 million and potential long-term supply worth over $50 million from 2030.
“This is the largest long-term potential supply opportunity won by EnSilica to date, potentially worth in excess of $50 million from 2030.”lse.co.uk
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