#VELA investee co. #ENSI EnSilica PLC – Siemens AG Award Design & Supply Contract September 12, 2024 – Posted in: Uncategorized

EnSilica, a leading chip maker of mixed signal ASICs (Application Specific Integrated Circuits), is pleased to announce that it has been awarded an additional ASIC design and supply contract by Siemens AG (“Siemens”), the multinational technology conglomerate (the “Contract”). The NRE (non-recurring engineering) component of the Contract will commence in calendar year 2025, with the initial production phase expected to start in Q4 2027. Siemens incorporates ASICs in various industrial automation systems, including their programmable…

#VELA investee co. #MWE MTI Wireless Edge Ltd – Contract Win January 17, 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 Mottech Water Solutions Ltd (“Mottech”), its Water Control & Management division, has successfully retained a key service contract with a local municipality in Israel. Under the contract, Mottech will continue to be responsible for the efficient and cost-effective irrigation of the green land within the municipality. The contract is for…

#VELA investee co. #ENSI EnSilica PLC – Siemens AG Award Design & Supply Contract September 12, 2024 – Posted in: Uncategorized

#VELA investee co. #MWE MTI Wireless Edge Ltd – Contract Win January 17, 2024 – Posted in: Vela Technologies Plc (VELA)

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