# Sondrel finalizes $23 million video chip design and supply contract

Sondrel concluded negotiations for a $23 million design and supply contract for a next-generation video processing chip. The initial phase is valued at over $9 million, with production revenues of $14 million expected over 10-15 years starting in 2026.

- Type: Contract
- Announced: 2020-03-21
- Value: $23.0M
- Status: announced
- Products: video processing chip
- Sectors: [Semiconductors and Industrial Electronics](https://endata.com/sectors/semiconductors-electronics.md)

## Companies

- [Sondrel](https://endata.com/companies/24275.md)

## Sources

- [pilling.co.uk](https://www.pilling.co.uk/home/profiles/news-and-research/external-news/article/?category=aim-bulletin&slug=sondrel-strikes-deal-for-next-phase-of-video-chip-contract&story_id=16492480), 2020-03-21: "This is a substantial design and supply contract for Sondrel and a demonstration of the group's ability to provide the most complex engineering expertise required for these next generation technologies."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.