We have announced that we have successfully negotiated a contract with the European Space Agency (ESA) leading to the development and validation of its GR740 Quad-Core LEON4FT Microprocessor in an Organic Package. We will lead this joint development effort with semiconductor supplier STMicroelectronics (NYSE: STM) and Synergie Cad PSC (France). This development will help meet market demand for high reliability, low cost components for large constellations and new space applications.
