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 has issued a formal postal ballot notice dated December 18, 2025, following the board meeting held on December 17, 2025. The notice seeks shareholder approval for critical corporate governance matters through remote e-voting.

Postal Ballot Schedule and Proposals

The postal ballot will be conducted from December 22, 2025 to January 20, 2026, covering three key resolutions requiring shareholder approval:

Managing Director Remuneration Details

The postal ballot notice reveals specific remuneration terms for Mr. Srinivasa Rao Kakumanu, effective from January 1, 2026 to March 31, 2027:

Director Profiles and Qualifications

Mr. Sandeep Himmatlal Shah brings over 30 years of global experience in semiconductor, cloud, AI/ML, medical, and IoT sectors. He previously served as Sr. Director at Intel Corporation's Data Center Group and General Manager of Intel India. He founded Multus Medical in 2017 and North Star International Ventures.

Dr. Yellamanchali Sreenivas Rao contributes over four decades of experience in mechanical engineering and defence systems. He superannuated as Director General (Naval Systems & Materials) from DRDO and holds a Ph.D. in Mechanical Engineering from Osmania University.

E-Voting Process and Timeline

M/s BSS Associates, Practicing Company Secretaries, has been appointed as scrutinizer for the postal ballot process. The remote e-voting facility will be available through KFin Technologies Limited's platform.

Employee Stock Options

In a separate decision, the Nomination and Remuneration Committee granted 124,384 Employee Stock Options (ESOPs) to eligible employees under the company's existing Stock Options Schemes, demonstrating the company's commitment to employee participation in growth.