#VELA investee co. #ENSI EnSilica PLC – AGM Statement November 28, 2024 – Posted in: Vela Technologies Plc (VELA)

The Board of EnSilica, a leading chip maker of mixed signal ASICs (Application Specific Integrated Circuits), is holding its Annual General Meeting (“AGM”) at 10.00 a.m. today. At the meeting, Mark Hodgkins, Chair, will make the following statement: “I am delighted to report that EnSilica has continued to generate strong new contract momentum during the first half of the current financial year (“HY 2025”), developing a significant pipeline of opportunities with businesses operating across our…

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#VELA investee co. #MWE MTI Wireless Edge LTD – Interim Results and Enlargement of share buy-back programme August 21, 2024 – Posted in: Vela Technologies Plc (VELA)

MTI Wireless Edge Ltd (AIM: MWE), the technology group focused on comprehensive communication and radio frequency solutions across multiple sectors, is pleased to today announce its financial results for the six month period ended 30 June 2024.   ‘Solid H1 – well placed for continued growth’ Financial highlights ·    Revenues level at US$22.3m (H1 2023: US$22.3m) ·    18% increase in EBITDA* to US$3.3m (H1 2023: US$2.8m) ·    Profit before tax increased 10% to US$2.3m (H1…

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