EnSilica

ENSI · AIM · Technology · mcap £121m · 81.2p

EnSilica designs custom and standard chips (ASICs) for automotive, industrial, satellite and telecoms customers, earning design fees and then recurring chip supply revenue. It is based in the UK and trades on AIM.

Target	Promise	Said	Status
2025
30 Sep 2025	Budapest design centre at 16 engineers by end of September 2025	12 Aug 2025	… In progress
	Result Not yet due.
2026
31 Mar 2026	Complete UK Government quantum-resilient chip Stage 1 by March 2026	13 Nov 2025	… In progress
	“Stage 1: £1.5 million specification and prototype development - to be completed by March 2026” Result Not yet due.
30 Jun 2026	Timing controller ASIC supply revenue to start mid-2026	6 Dec 2024	… In progress
	“The supply revenue is forecast to commence in mid-2026.” Result Not yet due.
Today · 14 Oct 2026
2027
31 Jan 2027	Siemens ASIC production ramp-up, now January 2027	12 Sep 2024	… In progress
	“the initial production phase expected to start in Q4 2027” Also stated 5 Feb 2026 Status so far Not yet due.
8 Mar 2027	Recruit 20 modem and mmWave engineers in Milan within six months	8 Sep 2026	… In progress
	“Initially recruiting 20 specialist modem and mmWave engineers over the next six months” Status so far Not yet due.
31 May 2027	Annual PAT of £2.5m for director awards, measured up to year ending 31 May 2027	16 Jul 2025	… In progress
	“The LTIP Awards will vest on the third anniversary of grant subject to meeting a profit after tax ("PAT") target of £2.5 million in any given financial year.” Status so far Not yet due.
31 May 2027	Meet market consensus for FY26 and FY27	10 Mar 2026	… In progress
	“achieving market consensus forecasts for the current financial year ending 31 May 2026 as well as FY 2027” Status so far Not yet due.
31 Dec 2027	Edge AI first silicon samples in 2026, volume production in 2027	10 Oct 2023	… In progress
	“expect to have samples in Spring 2024, and release-to-production in late Autumn 2024” Status so far Not yet due.
31 Dec 2027	Five new contracts to generate £100m lifetime revenue from 2027	10 Feb 2025	… In progress
	“our NRE and chip supply revenues from these new contracts alone are expected to generate a further £100 million of revenues over their lifetime, starting from 2027 onwards” Status so far Not yet due.
31 Dec 2027	Supply revenues from $18m ASIC contract to start in 2027	27 Mar 2025	… In progress
	“supply revenues forecast to commence during 2027” Status so far Not yet due.
31 Dec 2027	Move three chips into supply production over the next 18 months	23 Jun 2026	… In progress
	“3 chips poised to boost revenues by moving into supply production over the next 18 months” Status so far Not yet due.
2028
31 Mar 2028	Complete Stage 2 verification, silicon implementation and productisation by March 2028	13 Nov 2025	… In progress
	“Stage 2: £3.5 million verification, silicon implementation and productisation - concluding by March 2028” Status so far Not yet due.
2030
4 Nov 2030	Annual revenues above £60m within 3 to 5 years	4 Nov 2025	… In progress
	“our ambitions for the medium term (3 to 5 years) are for annual revenues in excess of £60m” Status so far Not yet due.