#VELA Vela Technologies PLC investee co. #ENSI Ensilica PLC – EUR 5m Satellite Broadband Chip Contract Win February 17, 2023 – Posted in: Vela Technologies Plc (VELA)

EnSilica (AIM:ENSI), a leading mixed signal chip maker, is pleased to announce that it has been awarded a €5m contract to develop a new chip to address the next generation of mass market satellite broadband user terminals (the “Contract”).   The Contract has been awarded in the framework of the European Space Agency’s (ESA) Advanced Research in Telecommunications Systems Core Competitiveness programme (“ARTES CC”), through the support of the UK Space Agency. The activities included in the Contract are…

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