Silicom Ltd Secures Design Win with European Encryption Provider for FPGA SmartNIC

# Silicom Ltd Announces Design Win for FPGA SmartNIC Silicom Ltd secured a design win with a European provider of advanced encryption and secure communication solutions. The customer selected a Silicom FPGA SmartNIC. The announcement was made from Kfar Sava, Israel, on April 15, 2026.

The selection followed a successful evaluation of one of Silicom's off-the-shelf products. The off-the-shelf product demonstrated performance and reliability for advanced encryption solutions including Post Quantum Cryptography. Silicom will customize the card to meet the customer's exact specifications during the coming months.

Delivery and Commitment Details Silicom expects to deliver the products per the customer's initial $1 million commitment during the second half of 2026.

The customer has placed commitments totaling approximately $1 million. The customer scales toward an anticipated annual deployment of approximately $3 million. Silicom Ltd is a provider of networking and data infrastructure solutions.

Silicom Ltd is listed on NASDAQ with ticker SILC.

Ongoing Discussions with Customer Silicom and the customer are engaged in discussions about a next-generation, higher-speed FPGA Smart NIC that the customer plans to launch in 2028.

Silicom and the customer are engaged in discussions about a potential full system solution that combines a server with an FPGA Smart NIC. Liron Eizenman is Silicom's CEO.

“This encryption leader's selection of Silicom reflects the excellent performance of our off-the-shelf products, which it tested thoroughly, and its appreciation for our exceptional rapid customization capabilities.”