#VELA investee co #ENSI Ensilica PLC – EUR2.5m Satellite Broadband Chip Contract Secured August 30, 2023 – 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 that it has secured a contract worth €2.5m with a lead customer for EnSilica’s proprietary satellite broadband chip (the “Contract”).  The Contract provides the customer with early access to the satellite broadband chip and an order for EnSilica for the first 50,000 chips.  The Customer is a vendor of user terminals for SatCom on-the-Move (SOTM) applications,…

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Vela Technologies Plc investee co. #ENSI EnSilica Plc – Retail Offer to raise up to £0.5 million and Placing & Subscription Raises £2m & Retail Offer March 9, 2023 – Posted in: Vela Technologies Plc (VELA)

EnSilica (AIM:ENSI), a leading mixed signal chip maker, is pleased to announce that it has conditionally raised £2.0 million (before expenses) by way of a placing and subscription (the “Placing“ and the “Subscription” respectively) of a total of 2,857,143 new ordinary shares of 0.1p each in the Company (“Ordinary Shares”) at a price of 70 pence per new Ordinary Share (the “Issue Price”).   Retail Offer   In addition to the Placing and the Subscription,…

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#VELA Vela Technologies PLC investee co. #ENSI Ensilica PLC – EUR 5m Satellite Broadband Chip Contract Win February 17, 2023 – Posted in: Vela Technologies Plc (VELA)

EnSilica (AIM:ENSI), a leading mixed signal chip maker, is pleased to announce that it has been awarded a €5m contract to develop a new chip to address the next generation of mass market satellite broadband user terminals (the “Contract”).   The Contract has been awarded in the framework of the European Space Agency’s (ESA) Advanced Research in Telecommunications Systems Core Competitiveness programme (“ARTES CC”), through the support of the UK Space Agency. The activities included in the Contract are…

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