### **Overview** Sasken Technologies Ltd. is a global leader in product engineering and digital transformation, delivering end-to-end R&D services from concept to market and "chip to cognition." With over **35 years of experience**, a portfolio of **74 granted patents** (as of Jul 2025), and engineering services contributing to **over 1 billion devices**, Sasken serves more than 100 Fortune 500 companies across high-tech sectors, including **semiconductors, automotive, industrial, telecommunications, satellite communications (SatCom), smart devices, and transportation**. Headquartered in India and operating R&D centers in **India, USA, Finland, Germany, Japan, Singapore, and China**, Sasken has solidified its position as a **strategic technology partner** for global OEMs, Tier-1 suppliers, semiconductor giants, and hyperscalers. The company is led by **Rajiv C. Mody**, Chairperson, MD & CEO, and is publicly listed on the **National Stock Exchange (NSE)** and **BSE** since 2005. --- ### **Strategic Growth Initiatives** #### **"60x4x3" Revenue Growth Strategy** A cornerstone of Sasken’s strategic roadmap is the **"60x4x3" initiative**, launched in FY2025, aiming to scale **60 key marquee customers** to **$4 million or more in annual revenue** by **FY2027**. This customer-centric strategy emphasizes deepening relationships, expanding service scope, and shifting toward multi-year, fixed-price, and annuity-like engagements. --- ### **Recent Acquisitions & Strategic Integrations** #### **Acquisition of Borqs (Completed April 2025)** The acquisition of **Borqs International Holding Corp.** marks a pivotal shift in Sasken’s evolution into a **full-service Original Design Manufacturer (ODM)** in the **smart devices and IoT ecosystem**. - **Strategic Impact**: - Added valuable customer relationships, **wireless IP**, and **exclusive chipset licenses**. - Strengthened capabilities in **Android-based smart devices**, **5G solutions**, and **IoT software**. - Enabled **end-to-end product development** – from design, embedded software, and cloud integration to **manufacturing and lifecycle support**. - Supports India’s **"Design in India & Make in India"** initiative via onshore innovation and manufacturing collaboration. - **Hareesh Ramana**, co-founder of Borqs, has joined Sasken’s leadership team to lead integration and expand ODM capabilities. #### **Joint Ventures & Partnerships** - Partnered with **VicOne (Trend Micro)** to deliver **end-to-end automotive cybersecurity**, leveraging solutions like **xCARBON (in-vehicle)**, **vSOC (fleet monitoring)**, and **EVSE Security**. - Joined **Microsoft’s Devices Ecosystem Platform (MDEP)** to co-develop **secure, modular enterprise devices** combining Borqs’ hardware design with Microsoft’s software assets. - Strategic collaborations with **AWS, ARM, Qualcomm, BlackBerry, AMD, Databricks, and DLI/PLI initiative partners**. --- ### **Key Operating Segments & Capabilities** #### **1. Sasken Silicon – Semiconductor Engineering & IP Leadership** Sasken Silicon, a wholly-owned subsidiary, is emerging as a **trusted design partner** for global chipmakers, specializing in **high-performance, low-power silicon solutions** for **AI, IoT, automotive, 6G, and edge computing**. - **Core Capabilities**: - **Analog, Mixed-Signal (AMS), RF, SerDes, radar, SoC, and IP design** - **ADPLL IP, SoC validation, and full-hardware firmware-software co-design** - Advanced foundry and packaging support; participation in **IP ownership and co-development programs** - **Recent Wins (Nov 2025)**: - Multi-year **SoC engineering support** for mobile, IoT, and automotive platforms. - **Next-generation ADPLL IP design** project with a leading semiconductor firm. - Full **industrial control system design** from silicon to software. - Positioned to benefit from **AI-on-chip, energy efficiency trends, and global semiconductor supply chain restructuring**. #### **2. Automotive & Software-Defined Vehicles (SDVs)** Sasken plays a critical role in the **automotive digital transformation**, enabling **Software-Defined Vehicles (SDVs)** with a focus on **digital cockpits, high-performance computing (HPC), ADAS, telematics, and cybersecurity**. - **Key Offerings**: - **ARM-based Virtual Cockpit Platform** deployable on **AWS Graviton** or native ARM hardware. - Development of **QNX-based cockpit systems** for Tier-1 suppliers. - Support for **Over-the-Air (OTA) updates, digital twins, UNECE WP.29 compliance**, and **DevSecOps**. - **Robotaxi platform testing frameworks** including ride quality and interface validation. - **Recent Wins (Nov 2025)**: - Large contract for **next-gen digital cockpit** with global Tier-1. - **Telematics software development** using **Qualcomm modems** for a German Tier-1. - Platform consolidation for **4G/5G telematics systems** across OEMs. - Strategic partner of **Toyota, Joynext, JOYNEXT, and autonomous mobility leaders**. #### **3. Non-Terrestrial Networks (NTN) & Satellite Communications** Sasken is a **pioneer in 3GPP-based NTN solutions**, enabling the convergence of **terrestrial and satellite networks** for ubiquitous, low-latency connectivity. - **Expertise**: - End-to-end **NTN NR (New Radio)** design for **user equipment, gateways**, and **modems**. - Supports **Direct-to-Device (D2D), MSS, VSAT/HTS, and LEO/MEO satellite integration**. - Lab-based simulators and field prototypes for **Regenerative NTN** and **AI-powered NTN optimization**. - **Recent Developments**: - Developing **NTN chipsets, modules, and proprietary gateways**. - Contributed to **BGAN, GSPS, and LTE-based satellite communication systems**. - Key enabler of **Advanced Air Mobility (AAM)** and **autonomous systems** requiring satellite backup. #### **4. Android, Smart Devices & ODM Services** With the Borqs integration, Sasken now offers **full-cycle ODM services** for **smartphones, tablets, wearables, rugged devices, and enterprise gadgets**. - **Features & Innovations**: - **AI-on-Edge computing**, **real-time image processing**, **on-device LLMs** - **5G/6G, foldable form factors, biometric authentication, encrypted storage** - **On-device AI** through collaborations with **Qualcomm, MediaTek, and ARM** - Strong presence in **education**, **industrial**, and **consumer Android ecosystems** (e.g., Android 16-based educational tablets). - Growing demand for **domestic manufacturing in India and Japan**, supported by **DLI and PLI schemes**. #### **5. Digital Services & Generative AI** Sasken is embedding **digital transformation** across all verticals, with a strong focus on: - **Generative AI (GenAI)** - AI-powered **code generation, test automation (KenTest), log analysis**, and **LLM-based diagnostics** - **GenAI accelerators** showcased at **Mobile World Congress (Mar 2025)** and automotive events - Edge-deployed **low-resource LLMs** for automotive and industrial use - **Cloud & DevOps** - **Developer Experience (DevEx)**, **Site Reliability Engineering (SRE)**, **MLOps, CI/CD** - Cloud-native platforms using **AWS, Azure, Databricks** - **Cybersecurity & Compliance** - **Secure-by-design**, **DevSecOps**, **TARA modeling**, **automated secure design reviews** - Partnerships with **VicOne**, **Trustonic (TEE)**, and **VAPT toolchain providers** - Helps clients comply with **WP.29**, **RED**, and **Cyber Resilience Act (CRA)** --- ### **Market Expansion & Geographical Growth** #### **Japan – Strategic Growth Hub** - Significant expansion in **Japan** with new **Shin-Yokohama office**, local hiring, and **Haken license** acquisition. - Consulting pilots evolved into **high-value, multi-year engagements** with **Japanese OEMs and Tier-1s**. - Strengthening local delivery via **Japan-dedicated CoEs** in automotive and digital services. #### **India – "Design in India & Make in India" Enabler** - Positioned as a **trusted design and manufacturing partner** under government **DLI and PLI incentives**. - Collaborating with **EV manufacturers** on **connected clusters, navigation, cloud services**. - Developing **EV-specific algorithms** for **battery life optimization**, **range prediction**, and **ADAS integration**. #### **Global Delivery Footprint** - Expands **offshore development centers (ODCs)** in India, Finland, and Vietnam. - Growing global delivery model supports **onsite-offshore synergy, agile execution**, and **cost-effective scalability**. --- ### **Recent Business Wins & Financial Momentum (Q1 FY2026 - Aug 2025)** Sasken reported strong financial and commercial performance: - **Total Order Book: $51.7 million** - **$27.4 million** from **new business** - **7 new customer acquisitions** - **Key Contracts Signed**: - **$multi-year agreement** with U.S. telecom firm to manage **Android security patches** across smartphone portfolio. - **NAD module software development** based on **Qualcomm chipsets**. - **KenQual customization** for **test automation** and **A-SPICE compliance**. - **Robotaxi system validation**, **industrial control platform modernization**, and **ARM-based Virtual Cockpit** deployment. - **Consistent QoQ Revenue Growth** for **6 consecutive quarters**, driven by **strategic wins and service scaling**. --- ### **R&D Focus & Innovation Areas (FY2025–2026)** Sasken’s R&D investments center on next-generation technology shifts: - **AI-first Engineering**: On-device AI, LLMs, AI/ML in RAN, predictive maintenance - **Semiconductor Specialization**: Low-power AI SoCs, analog/mixed-signal design, verification - **Platformization**: Reusable software IPs, MDEP, KenQual, KenTest, EXA - **Hyper-connectivity**: 5G/6G, O-RAN, NTN, V2X, D2D - **Embedded Cybersecurity**: Secure-by-design, TEE, supply chain security --- ### **Sustainability & Social Impact** - Supports **EV adoption**, **cloud-native energy-efficient architectures**, and **green mobility**. - Developed **m-Bachat**, a micro-banking Android platform used by **SEWA** to support **financial inclusion** for over **26,000 women** in India. - Committed to **secure, sustainable, and socially responsible innovation**.