A sharp divergence in fortunes defines the session, with existential warnings at one end of the spectrum and transformative contract wins at the other. EnSilica (AIM:ENSI) And RWS Holdings (AIM:RWS) Lead the gainers, while Mirriad Advertising (AIM:MIRI) Confronts the prospect of administration.
EnSilica lands $50m satellite chip runway
EnSilica (AIM:ENSI) Has secured two multi-chip development contracts with a leading European satellite operator, opening a long-term supply revenue opportunity of more than $50m Alongside $6.8m Of near-term non-recurring engineering work beginning in FY2026. The contracts mark a significant step into the satellite sector for the fabless chip designer. Shares climbed 7.58% To 71.0p.
Mirriad faces administration or liquidation without fresh funding
Mirriad Advertising (AIM:MIRI) Warned it may be placed into administration or liquidation after disclosing an urgent cash shortfall. The in-video advertising technology company holds approximately £675k In cash equivalents against a monthly cost base of around £220k, leaving a narrow runway to secure new funding. The stock collapsed 36.67% To 0.0019p, reflecting the severity of the position.
Raspberry Pi Foundation cashes out £60m in placing
Raspberry Pi (LSE:RPI) Confirmed the Raspberry Pi Foundation sold 10.91m Existing shares at 550p Each via an accelerated bookbuild led by Jefferies and Peel Hunt, raising approximately £60m In gross proceeds. The placing represented around 5% Of the company's share capital, with Arm Technology Investments 2 indicating it would take a significant allocation. Raspberry Pi itself receives none of the proceeds, as the sale consists entirely of existing shares from the Foundation. Shares edged down just 0.08% To 601.5p, suggesting the market absorbed the supply with minimal disruption.
RWS surges as trading update reassures
RWS Holdings (AIM:RWS) Was the session's standout percentage gainer among the larger names, with shares jumping 12.91% To 95.07p. The language services and intellectual property support group featured in the premarket briefing alongside a cluster of companies reaffirming guidance, with the market's reaction suggesting expectations had been set low heading into the update.
Rosslyn Data renews $1.5m in contracts and adds AI module
Rosslyn Data Technologies (AIM:RDT) Secured $1.5m In licence renewals with two long-standing customers and expanded its relationship with a US medical devices client by adding its AI Classification Engine, known as AICE. The renewals provide revenue visibility for the procurement data analytics platform. Shares dipped 2.01% To 1.8619p.
1Spatial to exit AIM All-Share after VertiGIS cash deal
FTSE Russell confirmed that 1Spatial will be removed from the FTSE AIM All-Share Index following its cash acquisition by VertiGIS, with the deletion effective from the open of trading on 29 April, conditional on completion of the Scheme of Arrangement. The exit marks the conclusion of an independent listing for the geospatial software group.
