MosChip Technologies has successfully delivered a custom System-on-Chip (SoC) solution to the Indian Space Research Organisation's (ISRO) Space Applications Centre for India's satellite navigation program. The company completed an end-to-end turnkey ASIC program from Netlist to packaged silicon, marking a significant milestone in the space technology domain.

Turnkey ASIC Program Implementation

MosChip executed a comprehensive turnkey ASIC program, managing every critical phase of the development process. The company handled DFT architecture, DFT implementation and verification, full-chip physical design and signoff, RDL design and routing, package design, tester board design, and post-silicon bring-up and validation.

Silicon Bring-up and Validation

Following tape out with its proven Netlist to GDSII flow and methodology, MosChip designed the substrate for a 10 Layer FC-CBGA package. The company successfully assembled and validated engineering samples on ATE (Automatic Test Equipment), confirming functionality against specifications. The packaged silicon has been delivered and validated, enabling SAC to proceed to the next stage of productization.

Strategic Partnership with ISRO

The Space Applications Centre is a premier research and development institution under ISRO, with multi-disciplinary expertise in satellite technology and space-borne applications. As a leading center of excellence, SAC specializes in designing and developing innovative satellite systems for earth observation, communication, navigation, and scientific research, serving both national and international stakeholders.

Management Commentary

"We are proud to have delivered this critical program. This milestone validates MosChip's turnkey Netlist-to-Silicon capability and our commitment to single-owner accountability from design intent to validated silicon," said Srinivasa Rao Kakumanu, CEO & MD, MosChip Technologies. He emphasized that by unifying design, implementation, packaging, and ATE validation, the company helps customers move from Spec/RTL to silicon with predictable schedules and first-pass silicon success.

Company's Technical Excellence

The successful completion of this project demonstrates MosChip's integrated turnkey ASIC capability, reducing interface risk between phases, compressing timelines, and ensuring cohesive execution across silicon, packaging, and test. This collaboration underscores the growing capabilities of Indian semiconductor companies in supporting critical national projects and highlights ISRO's commitment to leveraging domestic technological capabilities for satellite navigation initiatives.

MosChip Technologies Limited , a leading player in the semiconductor and product engineering solutions space, has reported a robust financial performance for the first quarter ended June 30, 2025. The company's results showcase significant growth in both revenue and profitability, reflecting strong demand for its services across segments.

Financial Highlights

The company's quarterly performance demonstrates strong operational momentum across key metrics:

Segment Performance

MosChip's growth was driven by strong performances in both of its key business segments:

Recent ESOP Allotment

In the latest corporate development, the Nomination and Remuneration Committee of the Board of Directors approved the allotment of 2,73,222 equity shares on December 26, 2025. These shares were allotted to eligible employees upon exercise of options under various MosChip Stock Option Schemes.

Operational Highlights

• The Board of Directors approved the resignation of Non-executive Director Mr. Naveed Ahmed Sherwani, effective June 6, 2025.
• The company granted 17,09,100 Employee Stock Options to eligible employees under existing Stock Options Schemes.
• MosChip allotted 91,908 equity shares upon exercise of existing stock options in the previous quarter.

Financial Position

As of June 30, 2025, MosChip Technologies reported:

• Paid-up equity share capital: ₹3,829.32 lakhs (Face value ₹2/- each)
• Other equity (excluding revaluation reserve): ₹30,897.16 lakhs

The company's strong financial performance underscores its growing market presence and the increasing demand for its specialized engineering solutions. With a solid order book and expanding capabilities, MosChip Technologies appears well-positioned for continued growth in the semiconductor and product engineering sectors.