Fabless chipmaker EnSilica has established a new engineering hub in Cambridge, expanding its design capabilities in promising semiconductor areas.
The firm’s new Cambridge facility will allow the company to expand its existing mmWave and RF integrated circuit teams.
The technology, used primarily in telecoms and data transfers, is a key area of growth for EnSilica, and the company has revealed that customer demand has grown significantly.
The expansion, which will expand the firm’s workforce to 190 with the onboarding of six new engineers, has been funded by recently received capital from a UK Space Agency contract secured in February.
EnSilica secured £10m from the organisation to develop chips compatible with British and European satellite constellations.
The company noted that additional contract momentum and customer wins also helped fund the new facility.
“We are delighted to have not only secured a team of highly skilled engineers at a time when there is a very real shortage of engineering talent in the UK, but also to establish a firm base in an established UK tech hub like Cambridge which ideally positions the business to attract additional talent,” said EnSilica chief executive Ian Lankshear.
“By further expanding our engineering knowhow across the satellite and communications market, I believe that this investment will enable the business to capitalise further on very real and near-term growth opportunities.”
EnSilica shares rose just over 4% on Wednesday morning following the announcement.
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