Vela Technologies #VELA – Investee company Ensilica #ENSI FY2022 results expected to be ahead of market expectations August 3, 2022 – Posted in: Blog, Vela Technologies Plc (VELA)

EnSilica (AIM: ENSI), a leading chipmaker of mixed signal ASICs (Application Specific Integrated Circuits), provides the following update on trading for the year ended 31 May 2022 (‘FY 2022’).  The Company has traded strongly across FY 2022, underpinned by contract momentum, which has steadily gathered pace during the financial year and accelerated in FY 2022 Q4.  Therefore, the Company is pleased to report that both revenue and adjusted EBITDA are expected to be ahead of…

Continue reading

Vela Technologies #VELA Investee Company EnSilica #ENSI strengthens global ASIC sales network June 22, 2022 – 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 appointed a new Vice President of Worldwide Sales and has entered into non-exclusive Sales Representative Agreements with Quantum Leap Solutions Inc (“QLS”), covering the North America region, and Cedar Technologies Limited (“Cedar Technologies”) covering the UK, Nordic regions and Poland. Appointment of a new Vice President of Worldwide Sales The Company is pleased to announce…

Continue reading

Vela Technologies #VELA – Investee Company Ensilica #ENSI Launches Automotive Vehicle with EnSilica’s ASIC June 21, 2022 – 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 alongside its strategic partner, RoodMicrotec N.V., a leading independent company for semiconductors testing and quality services, the Company has successfully brought a mixed signal automotive ASIC to commercial production following the official launch of a new flagship vehicle by a premium automotive company. The ASIC provides key differentiating features in the chassis control of the vehicle. As…

Continue reading

VELA TECHNOLOGIES #VELA INVESTEE COMPANY – ENSILICA #ENSI – ADMISSION TO AIM AND FIRST DAY OF DEALINGS May 24, 2022 – Posted in: Blog, Vela Technologies Plc (VELA)

EnSilica, a leading designer and supplier of mixed signal ASICs (Application Specific Integrated Circuits), is pleased to announce the admission of its Ordinary Shares to trading on the AIM market of the London Stock Exchange. Dealings commenced at 8.00am today, Tuesday 24 May 2022, under the ticker “ENSI”. EnSilica provides an end-to-end service for the design and supply of mixed signal ASICs, outsourcing certain elements such as the wafer fabrication of the manufacturing and packaging…

Continue reading

#VELA Vela Technologies – Update re. investment in EnSilica May 19, 2022 – Posted in: Blog, 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, notes the announcement made today by EnSilica PLC (“EnSilica”) regarding EnSilica’s intention to seek admission of its shares to trading on AIM. As announced on 17 January 2022, Vela invested £750,000 in EnSilica in the form of convertible loan notes (“the Loan Notes”) as part of a pre-IPO funding round. The Loan Notes and interest accrued since the…

Continue reading