Following approval at yesterday’s general meeting, EnSilica has completed its £10m fundraise first announced on 12 March 2026. The raise materially strengthens the Company’s balance sheet and addresses a concern that has weighed on the shares. The additional funds will, among other things, enable access to matched funding from the UK Space Agency (UKSA) thus accelerating the development of chips for the space industry. The proceeds will also support co-investment in new contracts and provide inc ....
08 Apr 2026
Allenby Capital: EnSilica plc - Update
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Allenby Capital: EnSilica plc - Update
Ensilica PLC (ENSI:LON) | 74.0 5.8 11.8% | Mkt Cap: 87.2m
- Published:
08 Apr 2026 -
Author:
David Johnson | Matt Butlin -
Pages:
5 -
Following approval at yesterday’s general meeting, EnSilica has completed its £10m fundraise first announced on 12 March 2026. The raise materially strengthens the Company’s balance sheet and addresses a concern that has weighed on the shares. The additional funds will, among other things, enable access to matched funding from the UK Space Agency (UKSA) thus accelerating the development of chips for the space industry. The proceeds will also support co-investment in new contracts and provide inc ....