01273 704473

info@novuscomms.com

01273 704473

info@novuscomms.com

#VELA investee co. #WCAP WeCap PLC – Interim Results to 31 October 2024 January 31, 2025 – Posted in: Vela Technologies Plc (VELA)

CHAIRMAN’S STATEMENT I am pleased to present the interim results for WeCap plc (AQSE: WCAP) for the period of 1 May 2024 to 31 October 2024.  The Company’s strategy remains to hold its current investments with a view to realising value for our shareholders.  The Company has 2 primary holdings which are outlined as follows: WeShop Holdings Limited About WeShop® WeCap’s primary holding relates to WeShop Holdings Limited (“WeShop”). WeShop is a social commerce platform…

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#VELA investee co. #ENSI EnSilica PLC – Announcement by SIAE Microelettronica re. Contract September 27, 2024 – Posted in: Vela Technologies Plc (VELA)

EnSilica, a leading chip madker of mixed signal ASICs (Application Specific Integrated Circuits), notes the following press announcement released today by SIAE Microelettronica regarding the contract announced by EnSilica on 2 September 2024: “SIAE MICROELETTRONICA, a leading provider of innovative microwave radio and wireless network solutions, has selected EnSilica, a leading turnkey supplier of mixed signal ASICs and SoCs, to assist the design of Application-Specific Integrated Circuits (ASICs) for its next-generation telecommunication infrastructure products.  …

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#VELA Vela Technologies PLC investee co. #ENSI EnSilica PLC – ASIC Contract Extension April 11, 2023 – Posted in: Vela Technologies Plc (VELA)

EnSilica, a leading mixed signal chip maker, is pleased to announce that it has extended the scope of work with an existing customer in the communication market for additional ASIC design and production support (‘the Contract’). The Contract is now anticipated to generate an additional $1.3 million in revenue from design and production work over the course of the Company’s current financial year (ending 31 May 2023) and across the 2024 financial year. The Company…

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#VELA Vela Technologies PLC investee co. #ENSI EnSilica PLC – Directorate Change – Posted in: Vela Technologies Plc (VELA)

Directorate Change   EnSilica (AIM:ENSI), a leading mixed signal chip maker, announces that Matthew Wethey, Chief Financial Officer, has stepped down from his position at the Company. During his time at EnSilica, Matthew played a key role in managing the Company through its IPO in May 2022, including preparing to scale the business and laying the foundations for future revenue growth. The board is grateful to Matthew for his contribution during a period of significant…

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#VELA Vela Technologies PLC investee Co. #ENSI Ensilica PLC – $2.4m contract secured with existing customer April 3, 2023 – Posted in: Vela Technologies Plc (VELA)

EnSilica, a leading mixed signal chip maker, is pleased to announce that it has secured a contract with an existing European based customer for approximately $2.4 million (‘the Contract’). This most recent award with a longstanding EnSilica customer follows a period of strong new business momentum over the last four months, with contracts announced and others secured by the Company since 30 November 2022 totalling approximately $13.5 million and underpinning current market expectations. The Contract,…

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#VELA Vela Technologies plc – Investee Company #MTI Wireless Edge Ltd – Contract Win October 17, 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 that its Antenna division has received orders worth approximately US$0.65 million for its 5G backhaul antenna solution, to be supplied this quarter. The orders are from an existing customer to be deployed in India. MTI’s Antenna division General Manager, Dov Feiner, commented: “We have been waiting for the 5G backhaul market…

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