#VELA investee co. #ENSI EnSilica PLC – New Contract for a Timing Controller ASIC December 6, 2024 – 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 been awarded a contract for the design and supply of a precision timing controller ASIC to be used in high-value industrial test equipment products (the “Contract”). The total value of the Contract, including non-recurring engineering (“NRE”) and supply, is projected to exceed US$30m over 10 years, based on quoted NRE fees and the client’s…

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#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 – EnSilica joins TSMC Design Center Alliance September 19, 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 joined the Design Center Alliance (“DCA”) of the Taiwan Semiconductor Manufacturing Company’s (“TSMC”) Open Innovation Platform® (“OIP”). TSMC’s DCA programme focuses on chip implementation service and system level design solution enablement to lower the design barriers for customers adopting TSMC technology. EnSilica’s partnership with TSMC through the DCA programme strengthens EnSilica’s value in enabling the…

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#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…

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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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