01273 704473

info@novuscomms.com

01273 704473

info@novuscomms.com

#VELA investee co. #ENSI EnSilica PLC – Award of £2 million ASIC Design Services Contract October 21, 2024 – Posted in: Uncategorized

EnSilica, a leading chip maker of mixed signal ASICs (Application Specific Integrated Circuits), is pleased to announce that it has been awarded an ASIC design services contract with a prestigious supplier of power and propulsion systems used in the air, at sea, and on land (the “Contract”).   The c.£2 million Contract will commence in November 2024, with revenues to run into the Company’s next financial year, supporting market expectations for both those periods. Ian…

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#VELA investee co. #ENSI EnSilica PLC – Result of WRAP Retail Offer & Notice of GM May 30, 2024 – Posted in: Vela Technologies Plc (VELA)

On 24 May 2024 EnSilica (AIM: ENSI), a leading chip maker of mixed signal ASICs (Application Specific Integrated Circuits), announced that it has conditionally raised approximately £4.9 million pursuant to a Placing and Subscription and separately launched the WRAP Retail Offer to existing shareholders of the Company. The WRAP Retail Offer closed at 4.00 p.m. yesterday, 29 May 2024, and the Directors are pleased to announce that it was oversubscribed and demand has therefore been scaled back to…

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#VELA investee co. #ENSI EnSilica PLC – Awarded initial mandate for telecoms ASIC December 22, 2023 – Posted in: Vela Technologies Plc (VELA)

EnSilica (AIM: ENSI), a leading chip maker of mixed-signal ASICs (Application Specific Integrated Circuits), is pleased to announce that it has entered into an exclusive and binding Letter of Intent for the development and supply of a high-end ASIC for use in telecommunications infrastructure (the “Agreement”), with work commencing next month.   The Agreement has been awarded by an established telecommunications equipment supplier and provides for the commencement of the ASIC specification and then design…

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#VELA investee co. #ENSI Ensilica PLC – US$7m e-mobility sensor ASIC supply contract win September 13, 2023 – Posted in: Blog, Vela Technologies Plc (VELA)

EnSilica, a leading chip maker of mixed signal ASICs (Application Specific Integrated Circuits), is pleased to announce that it has been awarded an ASIC supply contract for a sensor ASIC to address the e-mobility market (the “Contract“). The Contract is for the design and supply of a mixed signal sensor ASIC for the e-mobility market encompassing electric vehicles (EVs), electric two wheelers, e-bikes, and e-scooters. Based on the volume commitments by the customer, the Contract…

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#VELA Vela Technologies PLC investee co. #ENSI EnSilica PLC – ASIC Contract Extension April 11, 2023 – Posted in: Vela Technologies Plc (VELA)

EnSilica, a leading mixed signal chip maker, is pleased to announce that it has extended the scope of work with an existing customer in the communication market for additional ASIC design and production support (‘the Contract’). The Contract is now anticipated to generate an additional $1.3 million in revenue from design and production work over the course of the Company’s current financial year (ending 31 May 2023) and across the 2024 financial year. The Company…

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#VELA Vela Technologies PLC investee Co. #ENSI Ensilica PLC – $2.4m contract secured with existing customer April 3, 2023 – Posted in: Vela Technologies Plc (VELA)

EnSilica, a leading mixed signal chip maker, is pleased to announce that it has secured a contract with an existing European based customer for approximately $2.4 million (‘the Contract’). This most recent award with a longstanding EnSilica customer follows a period of strong new business momentum over the last four months, with contracts announced and others secured by the Company since 30 November 2022 totalling approximately $13.5 million and underpinning current market expectations. The Contract,…

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