Silicom Ltd. announced that it has been selected to develop an innovative Edge Networking product by a leading US-based provider of enterprise telecommunications services. The product's unique feature set will make it possible for the customer to offer advanced new features, while simultaneously reducing its internal overhead. The customer has already placed initial orders totaling approximately $5 million.

Delivery of products will commence following successful completion of the development and testing processes, which are expected to be carried out by the end of 2023. The customer has indicated that orders will scale up over the next several years as the product enters mass deployment.