#TSP TruSpine Technologies PLC – AGM Statement April 10, 2025 – Posted in: TruSpine Plc (TSP)

TruSpine Technologies Plc, the medical device company focused on the spinal (vertebral) stabilisation market, announces that Geoff Miller, Non-executive Chairman of the Company, will provide the following statement at its annual general meeting to be held today:   “Over the year since I joined the TruSpine Board, we have sought to refocus the Company on delivering value for shareholders. I am pleased to report that considerable progress has been made in this regard.   The…

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#VELA investee co. #ENSI EnSilica PLC – New Debt Facility November 4, 2024 – Posted in: Uncategorized

EnSilica, a leading chip maker of mixed signal ASICs (Application Specific Integrated Circuits), is pleased to announce that it has secured a new debt facility to refinance its existing external loan facilities, providing total funding of up to £9 million and extending out to November 2029 (the “Facility”).   The Facility has been agreed with Lloyds Bank Group plc, providing the Company with additional flexibility to underpin ongoing working capital commitments, and ensuring that EnSilica…

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#VELA investee co. #KING Igraine PLC – Fixit Medical Ltd Receipt of Grant from Innovate UK July 3, 2024 – Posted in: Vela Technologies Plc (VELA)

The Board of Igraine (AQSE: KING), an investing company focused on breakthrough innovative technologies and discoveries in the healthcare and life sciences sectors, wishes to notify its shareholders of an update on its investee company, Fixit Medical Ltd (“Fixit”) in which the Company own a 20% interest. Fixit Medical Ltd Award of £270,000 Grant: We are delighted to announce that Fixit Medical Ltd has been awarded a £270,000 ‘UK Smart Grant’ by Innovate UK for…

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#VELA investee co. #CODE Northcoders PLC – New contract win – Department for Education January 16, 2024 – Posted in: Vela Technologies Plc (VELA)

Northcoders (AIM:CODE), a UK market leading technology training business, is pleased to announce that it has successfully secured further funding from the Department for Education Skills Bootcamp Dynamic Purchasing System 2 bid (‘DPS’)*. This new round of funding provides Northcoders with a further £10 million to train individuals on the Northcoders market-leading bootcamp, deliverable over 18 months, and provides the Company with strong revenue visibility for FY-2024 and H1-2025. It also underpins an 18.6% increase…

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#TSP Truspine Technologies PLC – Loan, Related Party Transaction and FDA Update January 5, 2024 – Posted in: TruSpine Plc (TSP)

TruSpine Technologies Plc, the medical device company focused on the spinal (vertebral) stabilisation market, announces that it has entered into a £30,000 loan agreement with Annabel Schild (the “Loan Agreement”), a former Non-Executive Director of the Company within 12 months of the Loan Agreement being entered into and therefore is considered a related party pursuant to the AQSE Growth Market Access Rulebook. The Company also provides an update on its U.S. Food and Drug Administration…

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#VELA Technologies PLC investee co #TRYB Tribe Tech PLC – Update on investment in Tribe Technology Group – Posted in: Uncategorized

The Board of Vela (AIM: VELA), an AIM-quoted investing company focused on early-stage and pre-IPO disruptive technology investments, notes the admission to AIM and first day of dealings announcement made today by Tribe Technology PLC (“Tribe Tech”).   As announced on 23 May 2023, Vela invested £250,000 in Tribe Technology Group Limited, a subsidiary of Tribe Tech, via a subscription to an advance subscription agreement (“ASA”) as part of a pre-IPO funding round. Pursuant to…

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#VELA investee co #ENSI Ensilica PLC – EUR2.5m Satellite Broadband Chip Contract Secured August 30, 2023 – Posted in: Blog, 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 secured a contract worth €2.5m with a lead customer for EnSilica’s proprietary satellite broadband chip (the “Contract”).  The Contract provides the customer with early access to the satellite broadband chip and an order for EnSilica for the first 50,000 chips.  The Customer is a vendor of user terminals for SatCom on-the-Move (SOTM) applications,…

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