Silicom Awarded $2M/Yr Design Win for Cryptography Hardware Acceleration Solution by Application Delivery Leader

Core Insights - Silicom Ltd. has secured a Design Win for an advanced FPGA Smart Card from a leading application delivery market player, aimed at enhancing SSL hardware acceleration and Post-Quantum Cryptography (PQC) capabilities [1][3][4] - Expected revenues from this Design Win are projected to reach $2 million annually at full ramp-up, scheduled throughout 2026 [2] - The selection of Silicom's technology is attributed to its cutting-edge features and the company's established reputation as a trusted supplier [3][4] Financial Projections - Revenues related to the Design Win are anticipated to reach $2 million per year once fully operational [2] Technology and Market Position - Silicom's FPGA-based Smart Card technology is recognized for its ability to process high volumes of network traffic in real-time, which is critical for SSL acceleration and PQC [4] - The company has established long-term relationships with over 200 customers and has more than 400 active Design Wins, positioning it as a preferred partner in the connectivity and performance sector [7] Future Opportunities - Discussions are ongoing between Silicom and the customer regarding the potential use of a next-generation platform, which could present a significantly larger opportunity than the current Design Win [2] - The increasing demand for quantum-resistant algorithms due to rising quantum computing threats is expected to drive further interest in Silicom's PQC-ready solutions [4]