Ethernity Networks Ltd New $400,000 Order for Customised FPGA SoC (6969O)
12 Octubre 2021 - 1:00AM
UK Regulatory
TIDMENET
RNS Number : 6969O
Ethernity Networks Ltd
12 October 2021
12 October 2021
ETHERNITY NETWORKS LIMITED
("Ethernity" or the "Company")
Ethernity Networks Receives New $400,000 Order for Customised
FPGA SoC
Ethernity Networks (AIM: ENET.L), a leading supplier of data
processing offload solutions on programmable FPGA (field
programmable gate array) for accelerating telco/cloud networks,
announces today that it has signed a contract with a global
wireless OEM based in Europe to supply its ENET 4840 40Gbps FPGA
System-on-Chip (SoC) with support for Carrier Ethernet Switching,
Wireless Bonding, and IPSec security. The ENET 4840 is a customised
version of the device that is used within the UEP-20 Universal Edge
Platform product design, which will also be supplied to the OEM for
manufacturing.
The initial committed order within the contract is worth
approximately $400,000, with the majority of the revenue accruing
in 2022 and with additional orders anticipated thereafter.
The contract specifies that Ethernity will provide the customer
with the Company's ENET 4840 SoC with unique silicon-tuned
software, which, thanks to the efficiency of the ENET Flow
Processor design, fits into low-cost FPGAs that are capable of
meeting prices of mass production and enables up to 40Gbps of
throughput. The SoC will also come pre-programmed with the IPSec
security feature and Ethernity's newly patented Wireless Bonding
feature, which uses load balancing to enable the transmission of a
single data flow along multiple wireless streams without the need
for point-to-point connection.
Ethernity CEO David Levi said: "This is further confirmation
from the marketplace that our Universal Edge Platform (UEP)
platform with integrated bonding is an attractive offering. We are
confident that it will continue to sell well among wireless
connectivity vendors within the 5G backhaul and midhaul
market."
Ethernity will be exhibiting its UEP product line and its
Wireless Bonding feature to wireless internet service providers and
vendors at kiosk K07 at the WISPAPALOOZA event this week at the
Paris Hotel in Las Vegas.
About Ethernity Networks
Ethernity Networks (AIM: ENET.L) provides innovative,
comprehensive networking and security solutions on programmable
hardware for accelerating telco/cloud networks. Ethernity's FPGA
logic offers complete Carrier Ethernet Switch Router data plane
processing and control software with a rich set of networking
features, robust security, and a wide range of virtual function
accelerations to optimize telecommunications networks. Ethernity's
complete solutions quickly adapt to customers' changing needs,
improving time-to-market and facilitating the deployment of 5G,
edge computing, and NFV.
For further information, please contact:
Ethernity Networks Tel: +972 8 915 0392
David Levi, Chief Executive Officer
Mark Reichenberg, Chief Financial Officer
Arden Partners plc (NOMAD and Joint Broker) Tel: +44 207 614 5900
Richard Johnson / Oscair McGrath
Peterhouse Capital Limited (Joint Broker) Tel: +44 20 7562 0930
Eran Zucker / Lucy Williams / Duncan Vasey
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