#VELA Vela Technologies PLC – Quarterly Investment Update December 13, 2023 – 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, is pleased to report an update for the quarter ended 30 September 2023. Executive Director, James Normand, commented: “The small and micro-cap sectors of the stock markets (in which Vela is largely invested) continue to mark time and so valuations remain depressed and liquidity remains very poor.  Offsetting this for Vela in the September quarter has been the…

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#VELA Vela Technologies Investee Co. – #ENET Ethernity Networks – FULL YEAR TRADING UPDATE December 5, 2023 – Posted in: Vela Technologies Plc (VELA)

Ethernity Networks (AIM: ENET.L; OTCMKTS: ENETF), a leading supplier of data processing and fibre access semiconductor technology for networking appliances, is pleased to provide an update on the Company’s anticipated trading for the year ending 31 December 2023 (“FY 2023”). Subject to completion of the FY2023 audit, the Company anticipates that its headline results for 2023 will be: ·    revenue of between US$3.6m and US$3.8m (2022: US$2.97m); ·    underlying gross profit of between US$2.4m and…

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#VELA Vela Technologies Plc Investee Co. – #CSFS Cornerstone FS -FY 2023 TRADING ABOVE CURRENT MARKET EXPECTATIONS December 4, 2023 – Posted in: Vela Technologies Plc (VELA)

Cornerstone FS plc (AIM: CSFS), a foreign exchange and payments solutions company offering multi-currency accounts to businesses and individuals through its proprietary technology platform, is pleased to provide the following unaudited update on trading.   As noted in the Group’s announcement of 24 October 2023, Cornerstone was experiencing strong trading momentum, reflecting the advancements made across the business driving year-on-year increases in active customers1 and average transaction value. The Group is pleased to report that…

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#VELA Vela Technologies Investee Co. – EnSilica #ENSI – AGM STATEMENT & TRADING UPDATE FOR THE HALF YEAR November 28, 2023 – Posted in: Vela Technologies Plc (VELA)

The Board of EnSilica, a leading chip maker of mixed signal ASICs (Application Specific Integrated Circuits), is pleased to provide a trading update for the first half of its current financial year ending 30 November 2023 (“HY24”) ahead of its Annual General Meeting being held at 10.00 a.m. today. The Company has delivered a resilient performance in the first half of the year, buoyed by continued new business momentum, and the execution of a number…

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#VELA Vela Technologies Investee Co. – #MWE MTI Wireless Edge – Q3 2023 FINANCIAL RESULTS November 20, 2023 – Posted in: Vela Technologies Plc (VELA)

MTI Wireless Edge Ltd (AIM: MWE), the technology group focused on comprehensive communication and radio frequency solutions across multiple sectors, is pleased to announce its financial results for the nine-month period ended 30 September 2023 (the “Period”). Financial highlights ·    Revenue for the Period of $33.7m (nine months to 30 September 2022: $34.8m). On a constant currency basis this represents an increase of 1% over the same period last year ·    6% improvement in profit…

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#VELA Vela Technologies Investee Co. – #MTI MTI Wireless – CONTRACT WIN November 7, 2023 – Posted in: Vela Technologies Plc (VELA)

MTI Wireless Edge Ltd (AIM: MWE), the technology group focused on comprehensive communication and radio frequency solutions across multiple sectors, announces that its Distribution & Professional Consulting Services Division has received various orders for the service and maintenance of surveillance platforms from the Israeli Ministry of Defense. The combined orders are worth approximately US$1 million and are to be supplied over the next 14 months. MTI’s CEO, Moni Borovitz, commented: “This contract reflects the increase…

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#VELA Vela Technologies Investee Co. – Cornerstone Trading Update – Continued strong trading momentum October 24, 2023 – Posted in: Vela Technologies Plc (VELA)

Continued strong trading momentum – full year revenue and adjusted EBITDA to be above previous Board expectations   Cornerstone FS plc (AIM: CSFS), a foreign exchange and payments solutions company offering multi-currency accounts to businesses and individuals through its proprietary technology platform, is pleased to provide the following unaudited update on trading.   As noted in the Group’s interim results announcement on 12 September 2023, the strong trading momentum that was experienced in the first…

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#VELA Vela Technologies Investee Co. – EnSilica – Production tape-out milestone of industrial ASIC October 10, 2023 – Posted in: Vela Technologies Plc (VELA)

EnSilica plc (“EnSilica”, the “Company” or the “Group”)   EnSilica production tape-out milestone of industrial ASIC Production revenues estimated to be worth in excess of US$30m over 7 years EnSilica, a leading chip maker of mixed signal ASICs (Application Specific Integrated Circuits), is pleased to announce that it has reached the key production tape-out milestone for the design and supply of an industrial ASIC which incorporates an industrial Arm based controller.   The project award…

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#VELA Vela Technologies Investee Company – Mode – Corporate Broker and Company Secretary Appointment August 8, 2023 – Posted in: Uncategorized, Vela Technologies Plc (VELA)

The Company is pleased to announce the appointment of Peterhouse Capital Limited as corporate broker with immediate effect. The Company also announces that with effect from 4th August 2023, Eleanor Kenny has been appointed as interim company secretary of Mode.   Enquiries: Mode Global Holdings PLC Jonathan Rowland / Richard Morecroft info@modeapp.com   Peterhouse Capital Limited Corporate Broker Duncan Vasey + 44 (0) 20 7469 0930  

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