Status of Tape-Out for Lokotechs ASIC: Dry-Runs Have Started

 Oslo, 15th of December 2025
With reference to the stock exchange notice dated 26th of September 2025:
 
The “dry-run” phase for the commercial-scale ASIC project has now officially commenced. Following the successful completion of internal prerequisite checks, including pipe-cleaning, the ASIC design has been delivered to our production partners.
 
The production partners will now conduct their own verification procedures, as part of this final phase prior to tape-out. This phase is iterative in nature, and we are conducting full-chip Layout-Versus-Schematics ("LVS") in parallel with the dry runs being carried out.
 
The next update on this matter will be provided once conclusions have been received from the foundry and the mask set has entered production, i.e., upon the ASIC being taped out.