#VELA investee co. #ENSI EnSilica PLC – Oriole Networks Selects EnSilica as ASIC Partner November 11, 2024 – Posted in: 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 selected by Oriole Networks Ltd (“Oriole”), a developer of artificial intelligence (“AI”) optimisation technology, as its ASIC partner. EnSilica has also been awarded a contract for the design and supply of Oriole’s Photonics Controller ASICs to be used in its optical network switch products (the “Contract”). Oriole is pioneering the use of optical switching…

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#VELA investee co. #ENSI EnSilica PLC – c.US$20 million Supply Win, Placing to raise £1.1 million and notice of GM February 28, 2024 – 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 secured a significant order for the tape-out of a custom ASIC from a major electronics manufacturer headquartered in the US, worth c.US$20 million in revenue for the calendar years 2025 and 2026 (the “Supply Win”). The tape-out process marks the stage where the design of the ASIC is finalised and sent to the foundry for…

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