$1.4m Purchase Order for Satellite Payload ASIC

EnSilica plc (AIM: ENSI), a leading chip maker of mixed-signal ASICs (Application Specific Integrated Circuits), is pleased to announce that it has received a US$1.4 million purchase order for the next phase of development of a satellite payload ASIC (the "Order") following completion of an initial feasibility study, as referenced in the Company's announcement of 3 November 2025.

The Order progresses the programme into the next phase of developing a satellite payload ASIC for a global satellite service operator. Execution of the Order will commence next month, with the associated Non-Recurring Engineering ("NRE") revenue recognised within the current financial year.

The Order increases the Company's contractual coverage against its FY26 revenue guidance. EnSilica expects that the full satellite payload ASIC programme associated with this Order will be worth several millions of US dollars over FY27 and FY28, should it continue to progress as anticipated.

Ian Lankshear, Chief Executive Officer of EnSilica, commented:

"We are delighted to have secured this further development order within satellite communications from an existing customer, which marks a significant step towards commitment to a full project. The Order reinforces our position as a leading independent supplier of payload communication ASICs, which remain highly complex, requiring advanced digital signal processing and Radio Frequency expertise."