Significant Long-Term GNSS Contract

CML Microsystems Plc, which develops mixed-signal, RF and microwave semiconductors for global communications markets, announces a 12-year design and supply agreement with a leading manufacturer of industrial Global Navigation Satellite System (GNSS) equipment. Under the terms of the contract, CML will deliver advanced design services and product supply valued at over $30 million across the duration of the partnership.

This milestone agreement reinforces CML Micro's strategic commitment to the global satellite technology market and strengthens its position as a key enabler of high-precision GNSS applications. It also showcases CML's ability to support the rigorous manufacturing processes that are critical to meeting stringent industry requirements and ensuring long-term supply chain resilience, including in-house production test capabilities in the UK and in Silicon Valley. The contract reflects customer confidence in selecting CML as a trusted partner in delivering innovative, high-performance semiconductor solutions.

Mark McCabe, Group Chief Operating Officer of CML Microsystems, commented:

"This long-term agreement is a strong endorsement of CML Micro's capability to deliver cutting-edge, application-specific semiconductors tailored to the demanding requirements of the GNSS sector. The combination of advanced RF design expertise, robust product lifecycle support, and supply chain reliability was central to securing this multi-year commitment. It reinforces our strategic focus on enabling next-generation positioning technologies through sustained innovation and commercial execution."