Ethernity Networks Ltd.·Technology

Ethernity Networks Ltd (AIM:ENET, OTCQB:ENETF), the AIM-listed semiconductor technology company, has seen its shares fall by a third, leaving it valued at...

Ethernity Networks Ltd (AIM:ENET, OTCQB:ENETF), the AIM-listed semiconductor technology company, has seen its shares fall by a third, leaving it valued at less than £200,000, after revealing a cash preservation crisis that has forced its two senior managers onto part-time contracts. The stock has now lost 92% of its value over the past year.

Ethernity Networks Ltd (AIM:ENET, OTCQB:ENETF), the AIM-listed semiconductor company, has reported growing revenues from its Tier-1 US defence and aerospace customer, sending its shares up 44% to 0.0039p. The company, which supplies data processing chip technology for networking appliances, said it recognised $0.2 million in revenue from the customer during the first quarter of 2026.
Ethernity Networks Ltd. provides technology solutions for telecom, mobile, security, and data center markets in Asia, Europe, Israel, and the United States. The company develops and delivers data processing technology and solutions for carrier Ethernet switching, including broadband access, mobile backhaul, carrier Ethernet demarcation, and data centers. It provides ENET flow processors for telco/cloud network; ACE-NIC40 SmartNIC, an open flow enabled software acceleration NIC; ACE-NIC40 SmartNIC, an open flow enabled software acceleration NIC; ACE-NIC50 SmartNIC, which offers 10/25G Ethernet connectivity and field-programmable gate array (FPGA) acceleration; ACE-NIC100 SmartNIC that provides flexible 10/25/40/100G Ethernet connectivity and programmable FPGA acceleration; ENET UEP-60, a programmable routing appliance for 5G, OpenRAN, and Network Edge; and ACE-NIC100 SmartNIC that provides flexible 10/25/40G/100G Ethernet connectivity and programmable FPGA acceleration. The company also offers ENET network appliances, such as ENET UEP-20 universal edge platform and ENET UEP-60 universal edge platform. In addition, it provides FPGA based networking and security solutions to telco/cloud equipment manufacturers and system integrators. The company was formerly known as Neracore Ltd. and changed its name to Ethernity Networks Ltd. in August 2004. Ethernity Networks Ltd. was incorporated in 2003 and is headquartered in Airport City, Israel.
Technology
Software - Application
13
2022-08-08
0.06