Silicom Secures $3 Million Design Win from SASE Industry Leader

In a notable development, Silicom Ltd. (NASDAQ: SILC), recognized as a major player in networking and data infrastructure solutions, has recently landed a lucrative design win from an existing customer recognized for its robust SASE (Secure Access Service Edge) solutions. This partnership marks a significant step in Silicom's expansion plans, further strengthening its footprint in the rapidly evolving connectivity domain.

The collaboration involves the deployment of Silicom's cutting-edge Edge Networking systems, coupled with its dedicated Network Interface Card (NIC). This will empower the customer to offer enhanced wired, 5G, and WiFi connectivity, catering to a broad spectrum of user demands. To begin with, the customer has placed preliminary orders amounting to approximately $500,000. Looking ahead, they anticipate scaling the orders markedly in 2026.

Once fully operational, the customer forecasts that the partnership could generate an impressive annual revenue run-rate of around $3 million, with possibilities for further growth should additional projects come to fruition. In tandem with this development, discussions are underway regarding the utilization of another of Silicom’s platforms, potentially expanding their cooperation.

Liron Eizenman, CEO of Silicom, expressed pride in the long-standing partnership with this key customer. He stated, “Since we started collaborating a few years back, SASE has emerged as a dominant market force, with our partner evolving into a leading player in this space. Their ongoing reliance on us for crucial connectivity solutions stands as a strong confirmation of our capabilities in both wired and wireless technologies, as well as the close relationship we've cultivated over time.”

In fact, Silicom has been proactive in fostering collaborations with multiple SASE industry leaders. By harnessing synergies across its diverse product offerings, they are positioned to provide innovative, out-of-the-box solutions tailored to this dynamic market.

Eizenman further commented, “Having built a solid foundation in this burgeoning sector, we foresee SASE continuing to be a pivotal driver of our growth.” The projections suggest that Silicom's strategic investments in high-performance networking are likely to pay off significantly as they cater to the increasing demands for secure, efficient, and scalable networking solutions across various industries.

About Silicom Ltd.

Founded with a mission to deliver exceptional networking solutions, Silicom Ltd. specializes in high-performance data infrastructure meant to optimize efficiency and performance in cloud and data center settings. Their range of products is specifically designed to enhance throughput, minimize latency, and bolster the performance of servers and networking devices that underlie advanced cloud architectures, alongside technologies such as NFV, SD-WAN, and Cyber Security.

Utilizing state-of-the-art silicon technologies and FPGA-based solutions, Silicom's innovative products are ideally suited for scaling up and extending cloud infrastructures.

Silicom's solutions are integrated into infrastructures by major cloud service providers, telecom companies, and OEMs, including both peripheral adapters for data centers and standalone universal customer premises equipment (CPE) situated at the network edge.

With a strong track record of long-term relationships with over 200 clients globally, Bolstered by more than 400 active design wins and a portfolio exceeding 300 product SKUs, Silicom has established itself as the connectivity partner of choice for leading technology firms worldwide.

For more details, visit Silicom's official website.

Forward-Looking Statements: Statements made in this release that are not historical are forward-looking and involve risks. Several factors, including reliance on a limited number of customers and market adoption rates, can lead to significant deviations from projected outcomes. More detailed factors affecting Silicom's performance are outlined in their annual report and filings with the SEC.