Vela Technologies #VELA – Quarterly Investment Update August 30, 2024 – Posted in: Uncategorized, 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 June 2024. Key numbers as at 30 June 2024* · The value of Vela’s total assets (including cash) decreased during the quarter by £2,737,000 to £2,804,000 (quarter to 31 March 2024 – a decrease of £640,000 to £5,541,000). · This decrease is entirely attributable to the collapse…

#VELA TECHNOLOGIES PLC – INVESTEE CO. MTI WIRELESS EDGE #MWE – Q1 2023 FINANCIAL RESULTS May 17, 2023 – Posted in: Blog, 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 three-month period ended 31 March 2023. Financial highlights · Generated increased revenues of $11.3m, up 1% (Q1 2022: $11.2m) representing a solid start to the year · Strong order pipeline, providing confidence in the outlook for the year · Profit before tax up 15% to $1.1m (Q1 2022: $0.97m), reflecting an…

#VELA TECHNOLOGIES PLC – INVESTEE CO. #MWE – CONTRACT WINS April 19, 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 that its subsidiary Mottech Water Solutions Ltd (“Mottech”) has secured two long-term contract wins with a large Israeli municipality. The municipality is an existing customer and has agreed longer than previous contracts of five years (one of which is an annual contract but budgeted for five years and includes an option to extend…

Vela Technologies #VELA – Investee company MTI Wireless Edge #MWE announces new contract wins June 29, 2022 – Posted in: Blog, 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 that its Distribution & Professional Consulting Services division has secured two orders totaling US$0.85 million, to be delivered in 2022. The two orders were won by P.S.K. WIND Technologies Ltd (“PSK”). The Group acquired 51% of PSK in January 2022. PSK specialises in the development, manufacture and integration of communication systems…

Vela Technologies #VELA – Quarterly Investment Update August 30, 2024 – Posted in: Uncategorized, Vela Technologies Plc (VELA)

#VELA TECHNOLOGIES PLC – INVESTEE CO. MTI WIRELESS EDGE #MWE – Q1 2023 FINANCIAL RESULTS May 17, 2023 – Posted in: Blog, Vela Technologies Plc (VELA)

#VELA TECHNOLOGIES PLC – INVESTEE CO. #MWE – CONTRACT WINS April 19, 2023 – Posted in: Vela Technologies Plc (VELA)

Vela Technologies #VELA – Investee company MTI Wireless Edge #MWE announces new contract wins June 29, 2022 – Posted in: Blog, Vela Technologies Plc (VELA)

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