#VELA investee co. #ENSI EnSilica PLC – Siemens AG Award Design & Supply Contract September 12, 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 additional ASIC design and supply contract by Siemens AG (“Siemens”), the multinational technology conglomerate (the “Contract”). The NRE (non-recurring engineering) component of the Contract will commence in calendar year 2025, with the initial production phase expected to start in Q4 2027. Siemens incorporates ASICs in various industrial automation systems, including their programmable…

#VELA Vela Technologies PLC – Investment in Ethernity Networks Ltd January 20, 2023 – Posted in: Vela Technologies Plc (VELA)

The Board of Vela (AIM: VELA), an AIM-quoted investing company focused on early stage and pre-IPO disruptive technology investments, announces that the Company has invested £49,000 in Ethernity Networks Ltd (“Ethernity”) through the purchase of 700,000 ordinary shares. The investment has been made as part of a £1.55 million placing undertaken by Ethernity, details of which were announced by Ethernity on 17 January 2023. Further information on Ethernity Ethernity is a leading provider of networking…

#VELA investee co. #ENSI EnSilica PLC – Siemens AG Award Design & Supply Contract September 12, 2024 – Posted in: Uncategorized

#VELA Vela Technologies PLC – Investment in Ethernity Networks Ltd January 20, 2023 – Posted in: Vela Technologies Plc (VELA)

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