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01273 704473

info@novuscomms.com

#VELA Vela Technologies PLC – Update re. investment in EnSilica December 6, 2022 – 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, today provides an update on its investment in EnSilica plc (“EnSilica”). Between 24 May 2022 and 2 December 2022 the Company sold a total of 568,653 shares in EnSilica at an average price of 61p per share generating aggregate net proceeds of £349,469 for the Company (“the Disposal”). The Disposal is expected to generate a realised gain…

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#VELA Vela Technologies investee company #MWE MTI Wireless Edge – Interim Results August 15, 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 today announce its financial results for the six month period ended 30 June 2022. Financial highlights · Good revenue growth, up by 6% to US$22.7m (H1 2021: US$21.3m) · Profit from operations, up by 1% to US$2.19m (H1 2021: US$2.175m). In H1 2022 the Company incurred: o  one off acquisition costs totalling US$0.1m; and o  depreciation…

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#VELA Vela Technologies investee company – #ENSI EnSilica – New ASIC Supplier Partnership Agreement July 11, 2022 – Posted in: Blog, Vela Technologies Plc (VELA)

EnSilica (AIM:ENSI), a leading chip maker of mixed signal ASICs (“Application Specific Integrated Circuits”), is pleased to announce the hiring of an ASIC implementation team, comprising of six skilled engineers, and the purchase of related non-core IP assets from Blu Wireless Technologies Limited (“Blu Wireless”). The Blu Wireless team will strengthen EnSilica’s presence in advanced node ASIC design and implementation, having developed expertise across various Taiwan Semiconductor manufacturing. Company Ltd (“TSMC”) technologies from 28nm down…

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#VELA Vela Technologies investee company – #CSFS Cornerstone FS – Trading Update for H1 2022 – Posted in: Blog, Vela Technologies Plc (VELA)

Cornerstone FS plc (AIM: CSFS), the cloud-based provider of international payment, currency risk management and electronic account services to SMEs, provides an unaudited update on trading for the six months ended 30 June 2022. As announced on 20 April 2022, the Group achieved its highest ever quarterly revenue for the first three months of the year. Cornerstone is pleased to report that this momentum was sustained into the second quarter with revenue exceeding that of…

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#VELA Vela Technolgies Investee – #CSFS Cornerstone FS – Final Results for the Year Ended 31 December 2021 June 30, 2022 – Posted in: Blog, Vela Technologies Plc (VELA)

Cornerstone FS plc (AIM: CSFS), the cloud-based provider of international payment, currency risk management and electronic account services to SMEs, announces its final results for the year ended 31 December 2021. In addition, the Company gives notices of its annual general meeting (“AGM”) and publication of its annual report and accounts, both of which are now available to download from the Company’s website at https://investors.cornerstonefs.com/document-centre/. Highlights ·    Admitted to trading on AIM and raised gross proceeds of…

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#VELA Vela Technolgies – Investee Company #KNB Kanabo – New Subsidiary June 16, 2022 – Posted in: Blog, Vela Technologies Plc (VELA)

Kanabo Group Plc. (LON: KNB), a medical cannabis R&D Company that focuses on the distribution of cannabis-derived products for medical patients, and non-THC products for CBD consumers, announces it has formed a new, partly owned, subsidiary to monetise the Company’s Intellectual Property and that the new subsidiary has signed its first Memorandum of Understanding (“MoU”) for an indoor medical cannabis cultivation project in Spain.   Kanabo Agritec Ltd Kanabo Group plc has formed an Israeli…

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