Ethernity Networks Ltd (ENET)

Sector:

IT Hardware

Index:

FTSE AIM All-Share

0.023p
   
  • Change Today:
      0.003p
  • 52 Week High: 0.70
  • 52 Week Low: 0.018
  • Currency: UK Pounds
  • Shares Issued: 5,036m
  • Volume: 325,275,136
  • Market Cap: £1.13m
  • RiskGrade: 393
  • Beta: 0.02

Ethernity gets notice of allowance for new US patent

By Josh White

Date: Friday 20 Jun 2025

LONDON (ShareCast) - (Sharecast News) - Ethernity Networks announced on Friday that it has received a notice of allowance from the United States Patent and Trademark Office for a core routing algorithm patent, further strengthening its intellectual property portfolio in data processing and access network technologies.
The AIM-traded firm said the patent application, filed in June 2022, covers a high-performance longest prefix match (LPM) routing algorithm capable of supporting hundreds of thousands of routes without the need for expensive external components such as TCAM.

It said the innovation was embedded in its pipeline data processor and originally designed for FPGA, with potential applicability in ASICs for scalable deployment.

The LPM algorithm forms part of the company's UEP product line, and is integral to its planned application-specific standard product (ASSP) roadmap, enabling advanced Layer 3 MPLS routing and carrier ethernet capabilities.

Once granted, the patent would bolster Ethernity's differentiated offering, which already includes patents for wireless link bonding and integrated PON functionality.

"This routing patent application significantly strengthens the company's intellectual property portfolio, reinforcing its position as a technology leader in data processing and access networking," the company said in a statement.

Ethernity added that securing such intellectual property was vital for tier-1 OEMs, offering commercial and legal protection for future deployments.

The patent was expected to be formally granted following completion of administrative steps.

At 1508 BST, shares in Ethernity Networks were up 10.73% at 0.02p.

Reporting by Josh White for Sharecast.com.

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

ENET Market Data

Currency UK Pounds
Share Price 0.023p
Change Today 0.003p
% Change -10.00 %
52 Week High 0.70
52 Week Low 0.018
Volume 325,275,136
Shares Issued 5,036m
Market Cap £1.13m
Beta 0.02
RiskGrade 393

ENET Star Ratings

Compare performance with the sector and the market.
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Key: vs Market vs Sector
Value
74.59% above the market average74.59% above the market average74.59% above the market average74.59% above the market average74.59% above the market average
21.74% above the sector average21.74% above the sector average21.74% above the sector average21.74% above the sector average21.74% above the sector average
Price Trend
99.75% below the market average99.75% below the market average99.75% below the market average99.75% below the market average99.75% below the market average
100% below the sector average100% below the sector average100% below the sector average100% below the sector average100% below the sector average
Income Not Available
Growth
63.49% below the market average63.49% below the market average63.49% below the market average63.49% below the market average63.49% below the market average
91.3% below the sector average91.3% below the sector average91.3% below the sector average91.3% below the sector average91.3% below the sector average

ENET Dividends

No dividends found

Trades for 11-Jul-2025

Time Volume / Share Price
16:29 1,447,964 @ 0.022p
16:26 419,257 @ 0.023p
16:05 57,040,001 @ 0.022p
16:05 4,588,288 @ 0.022p
15:55 115,617 @ 0.024p

ENET Key Personnel

CEO David Levi
CFO Tomer Assis

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