Mixel's MIPI IP integrated into indie's automotive radar products

SANTA CLARA - Mixel, Inc., a part of Silvaco Group, Inc. (NASDAQ:SVCO), announced Thursday that its MIPI IP has been successfully integrated into indie's (NASDAQ:INDI) automotive radar processor and monolithic microwave integrated circuit products.

The collaboration addresses the growing demand for radar sensors in vehicles with advanced driver-assistance systems. Mixel provided indie with ASIL-B compliant MIPI D-PHY CSI-2 TX and RX IPs along with certified automotive functional safety deliverables and a safety manual. While indie's stock has seen a 36% gain over the past six months, it recently dropped nearly 13% in the past week, according to InvestingPro data. The company's current market capitalization stands at approximately $753 million.

The IPs were designed to support AEC-Q100 Automotive Grade 1 requirements, and Mixel completed full characterization of its IP as part of indie's solution based on the MIPI Alliance's D-PHY Conformance Test Suite.

"We needed a MIPI IP provider that could support our strict automotive requirements to further our radar portfolio and enable efficient and scalable ADAS architecture solutions," said Peter Gulden, EVP Radar Systems and Software at indie.

Mixel's MIPI PHY IP has been silicon-proven at twelve different nodes and nine different foundries, according to the company. The automotive MIPI D-PHY CSI-2 TX IP and RX IP are currently available.

Mixel was recently acquired by Silvaco, a provider of TCAD, EDA software, and silicon IP solutions. Silvaco is headquartered in Santa Clara, California, while indie is based in Aliso Viejo, California.

This information is based on a press release statement from the companies.

In other recent news, Indie Semiconductor Inc. reported its third-quarter 2025 earnings, which fell short of expectations. The company disclosed a loss per share of $0.07, greater than the anticipated $0.05 loss. Revenue also slightly missed forecasts, coming in at $53.7 million compared to the expected $54 million. These results were part of the latest developments surrounding the company. The earnings report highlights the challenges Indie Semiconductor faces in meeting market expectations. While the financial figures were below projections, the company remains a point of interest for investors. Analysts and investors will be closely monitoring future earnings reports for signs of improvement.

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