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Silicom Announces That An Existing Smart Card Customer, A U.S.-Based Cyber Security Leader, Has Selected Silicom's Latest Altera-Based 400g FPGA Smart Card For Its New Network Monitoring Offering; The Customer Has Placed A First Order Scheduled For Delivery This Year, And Full Ramp-Up Is Expected To Reach $3M Per Year

Benzinga · 03/11 12:16

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- Full ramp-up forecast to reach $3M/year –

KFAR SAVA, Israel, March 11, 2025 /PRNewswire/ -- Silicom Ltd. (NASDAQ:SILC), a leading provider of networking and data infrastructure solutions, today announced that an existing smart card customer, a US-based cyber security leader, has selected Silicom's latest Altera-based 400G FPGA Smart Card for its new network monitoring offering. The customer has placed a first order scheduled for delivery this year, and full ramp-up is expected to reach $3 million per year.

This Design Win represents the successful conclusion of many months of collaborative effort with the customer. Both teams worked closely to fine-tune the product's advanced features and performance, overcoming various challenges. This demonstrates the added value of Silicom's engineering talent, whom customers often view as an extension of their own R&D teams. Through the use of Silicom's PacketMover framework, which offers unparalleled simplicity in developing and integrating offload functions onto Silicom's FPGA cards, the customer was able to accelerate its go-to-market schedule.

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