#ENSI EnSilica PLC – Post Quantum Cryptography Accelerators IP Release January 12, 2024 – Posted in: Vela Technologies Plc (VELA)

EnSilica (AIM: ENSI), a leading chip maker of mixed-signal ASICs (Application Specific Integrated Circuits), is pleased to announce the release of a range of Post-Quantum Cryptography (“PQC”) accelerators, with the first of these intellectual property (“IP”) licenses granted to a major semiconductor supplier.      EnSilica is one of the few companies to offer advanced cryptographic accelerators1 to the market as licensable IP cores, expanding EnSilica’s comprehensive range of non-quantum resistant cryptography accelerators for use…

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#VELA investee co. #ENSI EnSilica PLC – Awarded initial mandate for telecoms ASIC December 22, 2023 – Posted in: 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 entered into an exclusive and binding Letter of Intent for the development and supply of a high-end ASIC for use in telecommunications infrastructure (the “Agreement”), with work commencing next month.   The Agreement has been awarded by an established telecommunications equipment supplier and provides for the commencement of the ASIC specification and then design…

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#VELA investee co. #ENSI EnSilica PLC – Placing to Raise £1.56m & New Business Update December 14, 2023 – Posted in: Blog, Vela Technologies Plc (VELA)

EnSilica, a leading chip maker of mixed signal ASICs (Application Specific Integrated Circuits), announces that it has conditionally raised approximately £1.56 million (before expenses) by way of a placing (the “Placing“) of a total of 3,892,500 new ordinary shares of 0.1p each in the Company (“Ordinary Shares”) at a price of 40 pence per new Ordinary Share (the “Issue Price”).   Subscribers in the Placing will receive one warrant for every one Ordinary Share subscribed…

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#VELA investee co. #ENSI Ensilica PLC – US$7m e-mobility sensor ASIC supply contract win September 13, 2023 – Posted in: Blog, Vela Technologies Plc (VELA)

EnSilica, a leading chip maker of mixed signal ASICs (Application Specific Integrated Circuits), is pleased to announce that it has been awarded an ASIC supply contract for a sensor ASIC to address the e-mobility market (the “Contract“). The Contract is for the design and supply of a mixed signal sensor ASIC for the e-mobility market encompassing electric vehicles (EVs), electric two wheelers, e-bikes, and e-scooters. Based on the volume commitments by the customer, the Contract…

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#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 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 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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