#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. #TRYB Tribe Technologies PLC – Unaudited half year results March 28, 2024 – Posted in: Vela Technologies Plc (VELA)

Tribe Technology PLC (AIM: TRYB), a disruptive developer and manufacturer of autonomous mining equipment, announces its unaudited half-year results for the six months ended 31 December 2023 (“H1 2024” or the “period”). H1 2024 Operating Highlights During the period the Company made significant progress in the product development of the first generation autonomous TTDS GC 700 drill rig for delivery to Major Drilling Group International Inc (“Major Drilling”) (“Rig 1”), continued manufacturing its TTDS GC…

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