01273 704473

info@novuscomms.com

01273 704473

info@novuscomms.com

#VELA Vela Technologies Investee Co. – #MTI MTI Wireless Edge – Contract Wins May 7, 2024 – 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 it has received three orders totaling approximately US$3m, most of which is to be supplied in the current financial year. Two of the orders were received by PSK, part of the Group’s MTI Summit division, from two Israeli customers for the provision of services and installation of systems, with the…

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#VELA investee co. #MTI Wireless Edge LTD – Interim Results August 15, 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 today announce its financial results for the six month period ended 30 June 2023.   ‘Significant improvement in Operating Cashflow – a steady performance and on track for the year’ Financial highlights ·    Revenues broadly level at US$22.4m (H1 2022: US$22.7m), held back by adverse currency translation.  On a constant currency basis…

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#VELA Vela Technologies PLC – Quarterly Investment Update February 10, 2023 – Posted in: 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 31 December 2022. Executive Director, James Normand, commented: “I am pleased to report that Vela’s gross asset value increased by 8.3% during the quarter ended 31 December 2022. This was largely attributable to a rise in the quoted price for EnSilica’s shares in this period, which we believe…

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#VELA Vela Technologies PLC investee co. #MTI MTI Wireless Edge LTD -Proposed appointment of Non-Executive Director February 6, 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 it will be holding its Annual General Meeting (the “AGM”) at 14.00 hrs (London time) on 14 March 2023. The AGM will be held at the offices of Allenby Capital Limited, 5 St Helen’s Place, London, EC3A 6AB for the purpose of: 1.  the presentation of the financial reports for…

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#VELA Vela Technologies plc- Investee Co. #MTI MTI Wireless Edge Ltd- Q3 2022 Financial Results November 21, 2022 – 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 2022 (the “Period”). Financial highlights ·    Strong trading during the Period with revenue growth of 8% to $34.8m (2021: $32.1m) ·    Increased EBITDA, up 14% to $4.58m (2021: $4.03m) ·    One-off acquisition and depreciation costs led to net profit of $2.74m…

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