Vela Technologies #VELA investee co EnSilica #ENSI announces major Telecommunications ASIC Contract valued over US$30m September 2, 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 signed a significant ASIC design and supply contract (the “Contract”) with a leading European telecommunications equipment provider (the “Client”). This Contract finalises the preliminary terms of an agreement originally announced on 22 December 2023, with the total value, including NRE (non-recurring engineering) and supply, projected to exceed US$30 million over a ten-year period, based on…

Vela Technologies #VELA – Investee Co EnSilica #ENSI EnSilica wins new supply order for Edge AI Chip July 15, 2024 – Posted in: Vela Technologies Plc (VELA)

EnSilica, a leading chip maker of mixed signal ASICs (Application Specific Integrated Circuits), is pleased to announce a US$7 million order from a new customer (the “Order”). The Order is for the masking – being the non-recurring engineering (“NRE”) component – and initial wafer supply for an edge artificial intelligence (“AI”)* processing chip. Based on the customer forecasts, approximately US$5 million of revenue is expected to fall into the Company’s current financial year. There is a further…

Vela Technologies #VELA investee company EnSilica secures follow-on $2.4m contract with existing customer September 1, 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 with an existing Europe-based customer for approximately $2.4 million (the “Contract”). This most recent award with a longstanding EnSilica customer is for the development of a next generation advanced networking ASIC. The majority of the Contract revenue will be realised in the Company’s current financial year ending 31 May 2024…

Vela Technologies #VELA – Investee Company EnSilica #ENSI secures two new contracts with existing customers worth $3.6m December 12, 2022 – Posted in: Blog, Vela Technologies Plc (VELA)

EnSilica, a leading mixed signal chip maker, is pleased to announce that it has secured two new contracts, from existing customers based in mainland Europe, for a combined total of $3.6 million. The contracts, which underpin current market expectations, include incremental workflows with a major automotive Tier 1 customer, with both contracts expected to commence by January 2023. One of the contracts is to develop a TSMC 1 12 nm FinFet 2 chip, which the…

Vela Technologies #VELA – Investee company EnSilica #ENSI Named Company of the Year at UK Chip Oscars December 9, 2022 – Posted in: Blog, Vela Technologies Plc (VELA)

EnSilica (AIM: ENSI), a leading mixed signal chip maker, is pleased to announce that it was named the UK’s electronics Company of the Year at last night’s prestigious TechWorks Awards, the UK’s “Chip Oscars”. Declared by TechWorks as the night’s big winner, EnSilica also took home the TechNES Design Award, a collaboration award for the development of a Ka-band vehicle to satellite ASIC, that gives high-speed internet anywhere on the planet and young EnSilica engineer…

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…

Vela Technologies #VELA investee co EnSilica #ENSI announces major Telecommunications ASIC Contract valued over US$30m September 2, 2024 – Posted in: Blog, Vela Technologies Plc (VELA)

Vela Technologies #VELA – Investee Co EnSilica #ENSI EnSilica wins new supply order for Edge AI Chip July 15, 2024 – Posted in: Vela Technologies Plc (VELA)

Vela Technologies #VELA investee company EnSilica secures follow-on $2.4m contract with existing customer September 1, 2023 – Posted in: Blog, Vela Technologies Plc (VELA)

Vela Technologies #VELA – Investee Company EnSilica #ENSI secures two new contracts with existing customers worth $3.6m December 12, 2022 – Posted in: Blog, Vela Technologies Plc (VELA)

Vela Technologies #VELA – Investee company EnSilica #ENSI Named Company of the Year at UK Chip Oscars December 9, 2022 – Posted in: Blog, Vela Technologies Plc (VELA)

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)

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