u/_DoubleBubbler_

Trading 212: Many thanks to Borislav, Ivan and the team for reviewing the EnSilica (ENSI) shareholding limit! 🫶

Trading 212: Many thanks to Borislav, Ivan and the team for reviewing the EnSilica (ENSI) shareholding limit! 🫶

45,000 EnSilica (ENSI) shares maximum now. That’s quite a change from 1,383.

Many thanks to Borislav, Ivan and the team for reviewing the limit. 🫶

u/_DoubleBubbler_ — 3 hours ago
▲ 40 r/Lunr+1 crossposts

Intuitive Machines (LUNR): A Simply Wall St ‘Weekly Pick’

With other seven million users reported for Simply Wall St this is very welcome coverage. I must admit I am a great fan of SWS given its broad worldwide coverage of listed companies as opposed to platforms such as FinViz which last time I checked was largely focused on North America in my opinion.

When I get time I will update the narrative given the various developments since it was first written last October. However here’s the link to the narrative I wrote for anyone curious…

https://simplywall.st/community/narratives/us/capital-goods/nasdaq-lunr/intuitive-machines/dj58i2a8-update-for-intuitive-machines

u/_DoubleBubbler_ — 15 hours ago

Double Bubbler: Not my best decision in hindsight… LUNR is over $34 after hours!

As some may recall, I sold my ‘Less than $10k to $1 million’ challenge holding in Intuitive Machines (LUNR) in early April, as I expected greater momentum with Vertical Aerospace (EVTL) after their successful full piloted transition news.

How wrong was I, in the short term at least, with LUNR up almost 50% since and EVTL barely in the green based on currently reported prices in Trading 212. Thankfully I retained all my LUNR shares outside of the challenge given my overall perspective on this prospective space prime.

Had I kept my LUNR challenge shares I would have comfortably doubled my starting capital by now. One of life’s lessons it seems, but the challenge is still doing well overall and up about 68% in the ten months since I began the challenge.

doublebubbler.com
u/_DoubleBubbler_ — 15 hours ago

Dómhnal Slattery To Leave Vertical Aerospace

INFORMATION CONTAINED IN THIS REPORT ON FORM 6-K

Director Changes

On May 10, 2026, Dómhnal Slattery provided notice to the Board of Directors (the “Board”) of Vertical Aerospace Ltd. (the “Company”) of his intention to resign as Chairman and member of the Board, and subsequently agreed with the Board for his resignation to take effect on May 12, 2026.

Having overseen the achievement of key Company operational and financial milestones, including the recent historic two-way piloted transition flight and closing of a financing package totaling up to $850 million, Mr. Slattery has decided that now is the appropriate time to step down and focus on other business interests. 

Mr. Slattery has served as a member of the Board and its Chairman since January 2025, after previously serving as its Chairman from January 2022 to August 2023. The Board thanks Mr. Slattery for his leadership and contribution to the Company’s progress during the period of his service, and wishes him the very best in his future endeavors.

With effect from May 12, 2026, the Board has appointed Ben Story to serve as its interim Chairman pending the appointment of a permanent Chairman. Mr. Story, who has served on the Board since April 2024, is a former member of the Executive Leadership Team at Rolls-Royce Holdings plc, where he led strategy, M&A and major transformation initiatives. He also previously spent over two decades in investment banking, including as Head of UK Investment Banking at Citigroup, and served on the Board of Transport for London. Mr. Story is currently Chair of Digital Catapult, an innovation organization established by Innovate UK, an agency of the UK Government.

Read the full 6K…

https://www.sec.gov/Archives/edgar/data/1867102/000110465926059355/tm2614337d1_6k.htm

sec.gov
u/_DoubleBubbler_ — 17 hours ago

SES S.A. Satellites (SESG) exceeds Double Bubbler’s forecast in more ways than one!

Last year I made my forecast for…

€8.19 ($8.87) by the end of 2026*

* Including reinvesting four post-tax dividend payments of €0.21 each paid through 2025 and 2026. It should however be noted that while SES has stated its commitment to stable and progressive dividends, they are not guaranteed. An additional €1.00+ per share distribution could also be derived from a now approved US Federal Communications Commission C-band spectrum auction in 2026/27, however not knowing the exact potential special dividend amount I have not included this.

I was pleased to see SESG exceed my forecast including dividends the other day. It’s even better to see the share price reach the forecast €8.19 today when ignoring dividends!

https://doublebubbler.com/ses/

u/_DoubleBubbler_ — 1 day ago

EnSilica’s opportunity in the satellite user terminal silicon market is expected to grow significantly…

EnSilica recently signed its largest contract on record for satellite user terminal silicon, and I presume won the bid against competiton from STMicroelectronics. This article makes for interesting reading and gives an insight into the opportunities ahead for EnSilica…

‘SpaceX’s Starlink has over 10 million active users. But a European company that supplies chips for Starkink dishes expects the number of subscribers to low-Earth satellite internet services to reach over 100 million by 2028.

The estimate comes from STMicroelectronics, which develops “front-end” antenna modules for Starlink dishes, including the STM32 chip. In December, the company touted its "decade-long" partnership with SpaceX, which has included co-designing custom components for its dishes.

On Monday, STMicroelectronics discussed the bullish growth it sees in the satellite connectivity market overall, citing not only SpaceX’s continued expansion of Starlink but also new competitors such as Amazon Leo and rising Chinese players.‘

Michael Kan, PC Mag, 4th May 2026

Read the full article…

https://uk.pcmag.com/networking/164755/starlink-supplier-sees-satellite-internet-topping-100-million-users-in-2-years

uk.pcmag.com
u/_DoubleBubbler_ — 3 days ago

EnSilica (🇬🇧 ENSI, 🇪🇺 F0Z, 🇺🇸 ENSIF) - Why this semiconductor specialist could be worth over £5.00 / $6.79 a share by 2030

As some readers may recall, last September I made the bold assertion that EnSilica could be worth 13x its share price at the time. Back then the company was valued at 38.5p (≈$0.52) a share and following a series of positive developments since, it is now trading on the OTC Markets at $1.53 (≈112p). That progress in my opinion is the early stages towards 13x and beyond, and given much has happened since September I thought I would outline my opinion today on why this promising semiconductor specialist could be worth over £5.00 / $6.79 a share by 2030.

EnSilica is a semiconductor designer, with a fabless business model like Nvidia, Broadcom and Marvell and partnered with companies such as TSMC, Global Foundries, Arm and Cadence Design Systems. They are developing a world class reputation for high-value, high-margin chips such as the AST5000 chip at the heart of AST SpaceMobile’s Block-2 BlueBird constellation satellites. In addition to their reputation they are in possession of and developing intellectual property and expertise for chips essential to modern life. Satellite communications, post-quantum secure computing, automotive, industrial, healthcare and notably a suite of chips for satellite user terminals, a multi-billion dollar industry, where EnSilica has just signed its largest contract to date for potentially in excess of $50m¹. I anticipate this will be the first of a number of notable contracts in this space.

Furthermore MDA Space paid a 13x multiple of sales for EnSilica’s competitor Satixfy last year, and with EnSilica being one of a few companies worldwide (and possibly the only European firm) developing the entire satellite user terminal chipset (RF beam-formers, mixers, digital beam-formers, modems) along with corresponding satellite payloads, it isn’t beyond the realms of possibility that EnSilica may also command a 13x multiple on acquisition. Looking at it another way, EnSilica’s competitor in the post-quantum encryption market SealSQ Corp currently trades at a forward PS of 18.1 according to Simply Wall St. The addition of EnSilica’s anticipated and government grant funded secure processor for critical infrastructure can’t come soon enough!³

In the last six months we have seen EnSilica announce a record trading update for the first half of the financial year (FY26) ending this month. A further trading update anticipated imminently will hopefully confirm record results anticipated for the full year, along with the firm confirming it is in a far stronger position financially following a significantly oversubscribed fundraising recently ‘to accelerate new products and projects and its growing contract pipeline’⁴. I would also not be surprised to see EnSilica confirming material progress on its statement last November confirming ‘ambitions for the medium term (3 to 5 years)’ of ‘annual revenues in excess of £60m and longer term (6 to 10 years), our order book and opportunities give us extended aspirations of £100m of revenues.’⁵

EnSilica’s largest contract announced to date in the satellite user terminal market paves the way for potentially more orders in this space, especially so given what Ian Lankshear, CEO & Co-Founder, stated in the recent H1 FY26 trading update webcast in January. ‘We already have four chips sampling with customers, with further devices in development, and we have a number of funded engagements with user terminal manufacturers and satellite operators who are evaluating our chips in funded engagements—as in, they're funding us to support them. We're also working with multiple user terminal OEMs in terms of their responding to operators' RFIs, using our chipsets. So, a very exciting area, lots of potential for future revenues, very high revenues when those constellations get launched.’

With potentially accelerated progress in this sector (and the various others EnSilica is specialised in) in part thanks to growing critical mass following contract wins and improved financial arrangements, I hope to see EnSilica with revenues comfortably exceeding £60m / $81m in 2030. Assuming £60m revenue, achieving a share price of £5.00 / $6.79 will therefore require a PS multiple of about 10. Stretching yes, but far less than the 13x MDA Space paid for Satixfy, and less than peer Filtronic currently trades at, which is over 11. It is also substantially less than Nvidia’s current PS of 22, Broadcom’s current PS of 29, and Marvell’s current PS of 17.6 according to Simply Wall St data.

All considered EnSilica still offers tremendous value in my opinion. And while I do not expect the share price to rise in a straight line I do expect the patient investor will be richly rewarded in the coming years.

May fortune favour the brave,

Mark aka Double Bubbler

¹ https://www.londonstockexchange.com/news-article/ENSI/major-spacetech-contracts/17559666
² https://wp-allenby-2020.s3.eu-west-2.amazonaws.com/media/2026/04/260423-EnSilica-plc-ENSI.L-Space-industry-contract-Allenby-Capital.pdf?c5301=on
³ https://www.londonstockexchange.com/news-article/ENSI/ensilica-to-develop-critical-infrastructure-chip/17326647
⁴ https://www.londonstockexchange.com/news-article/ENSI/result-of-oversubscribed-placing-and-subscription/17501286
⁵ https://www.ensilica.com/wp-content/uploads/2025/11/272132-EnSilica-AR-WEB-version-2.pdf

reddit.com
u/_DoubleBubbler_ — 3 days ago

EnSilica (🇬🇧 ENSI, 🇪🇺 F0Z, 🇺🇸 ENSIF) - Why this semiconductor specialist could be worth over £5.00 / $6.79 a share by 2030

As some readers may recall, last September I made the bold assertion that EnSilica could be worth 13x its share price at the time. Back then the company was valued at 38.5p (≈$0.52) a share and following a series of positive developments since, it is now trading on the OTC Markets at $1.53 (≈112p). That progress in my opinion is the early stages towards 13x and beyond, and given much has happened since September I thought I would outline my opinion today on why this promising semiconductor specialist could be worth over £5.00 / $6.79 a share by 2030.

EnSilica is a semiconductor designer, with a fabless business model like Nvidia, Broadcom and Marvell and partnered with companies such as TSMC, Global Foundries, Arm and Cadence Design Systems. They are developing a world class reputation for high-value, high-margin chips such as the AST5000 chip at the heart of AST SpaceMobile’s Block-2 BlueBird constellation satellites. In addition to their reputation they are in possession of and developing intellectual property and expertise for chips essential to modern life. Satellite communications, post-quantum secure computing, automotive, industrial, healthcare and notably a suite of chips for satellite user terminals, a multi-billion dollar industry, where EnSilica has just signed its largest contract to date for potentially in excess of $50m¹. I anticipate this will be the first of a number of notable contracts in this space.

What surprises me still is how EnSilica currently trades at such a discount to its peers, at about 40% according to recent research by Matt Butlin of Allenby Capital². Matt goes on to say ‘Applying a sector median multiple of 3.5x 2027 revenues implies a valuation of 110.5p [≈$1.50] with significant further upside available on a takeout basis.’

I came to a similar conclusion last year when assessing EnSilica and even now the relative discount to the semiconductor industry is staggering considering the progress EnSilica has made in the last six months in particular. EnSilica currently trades at a forward price-to-sales (PS) ratio of about 3 for the financial year (FY26) ending this month, which compares favourably with the average ten year PS of 4.5 for the British and 6.4 for the US semiconductor industries according to Simply Wall St data.

Furthermore MDA Space paid a 13x multiple of sales for EnSilica’s competitor Satixfy last year, and with EnSilica being one of a few companies worldwide (and possibly the only European firm) developing the entire satellite user terminal chipset (RF beam-formers, mixers, digital beam-formers, modems) along with corresponding satellite payloads, it isn’t beyond the realms of possibility that EnSilica may also command a 13x multiple on acquisition. Looking at it another way, EnSilica’s competitor in the post-quantum encryption market SealSQ Corp currently trades at a forward PS of 18.1 according to Simply Wall St. The addition of EnSilica’s anticipated and government grant funded secure processor for critical infrastructure can’t come soon enough!³

In the last six months we have seen EnSilica announce a record trading update for the first half of the financial year (FY26) ending this month. A further trading update anticipated imminently will hopefully confirm record results anticipated for the full year, along with the firm confirming it is in a far stronger position financially following a significantly oversubscribed fundraising recently ‘to accelerate new products and projects and its growing contract pipeline’⁴. I would also not be surprised to see EnSilica confirming material progress on its statement last November confirming ‘ambitions for the medium term (3 to 5 years)’ of ‘annual revenues in excess of £60m and longer term (6 to 10 years), our order book and opportunities give us extended aspirations of £100m of revenues.’⁵

EnSilica’s largest contract announced to date in the satellite user terminal market paves the way for potentially more orders in this space, especially so given what Ian Lankshear, CEO & Co-Founder, stated in the recent H1 FY26 trading update webcast in January. ‘We already have four chips sampling with customers, with further devices in development, and we have a number of funded engagements with user terminal manufacturers and satellite operators who are evaluating our chips in funded engagements—as in, they're funding us to support them. We're also working with multiple user terminal OEMs in terms of their responding to operators' RFIs, using our chipsets. So, a very exciting area, lots of potential for future revenues, very high revenues when those constellations get launched.’

With potentially accelerated progress in this sector (and the various others EnSilica is specialised in) in part thanks to growing critical mass following contract wins and improved financial arrangements, I hope to see EnSilica with revenues comfortably exceeding £60m / $81m in 2030. Assuming £60m revenue, achieving a share price of £5.00 / $6.79 will therefore require a PS multiple of about 10. Stretching yes, but far less than the 13x MDA Space paid for Satixfy, and less than peer Filtronic currently trades at, which is over 11. It is also substantially less than Nvidia’s current PS of 22, Broadcom’s current PS of 29, and Marvell’s current PS of 17.6 according to Simply Wall St data.

All considered EnSilica still offers tremendous value in my opinion. And while I do not expect the share price to rise in a straight line I do expect the patient investor will be richly rewarded in the coming years.

May fortune favour the brave,

Mark aka Double Bubbler

References:

¹ Redacted as URLs are not allowed on this sub. See the original post on the EnSilica sub.
² Redacted as URLs are not allowed on this sub. See the original post on the EnSilica sub.
³ Redacted as URLs are not allowed on this sub. See the original post on the EnSilica sub.
⁴ Redacted as URLs are not allowed on this sub. See the original post on the EnSilica sub.
⁵ Redacted as URLs are not allowed on this sub. See the original post on the EnSilica sub.

reddit.com
u/_DoubleBubbler_ — 4 days ago
▲ 1 r/bugs

iOS: Moderator mute duration option is not working…

Hi,

As you can see in the video, the mute duration option isn’t working. I can’t change it from 7 days.

I will try from my desktop when I get a moment, but hopefully you can fix it.

Thanks,

DB

u/_DoubleBubbler_ — 6 days ago

My better half and I currently hold 1,259,056 ENSI shares and currently see it as a great long term investment. With MDA Space paying 13x revenue for EnSilica’s competitor Satixfy last year and York Space Systems paying $340m for All Space Networks this week, even with the recent strong run up I hope to see significant gains by 2030.

u/_DoubleBubbler_ — 6 days ago

Vertical Aerospace Provides First Quarter Update, Achieves Key Execution Milestones and Advances Toward Certification

- Completed full envelope expansion prototype flight test campaign, becoming the first eVTOL to complete a two-way piloted transition – a critical technical milestone – under civil aviation Design Organisation Approval regulatory oversight

- Secured financing package of up to $850 million, strengthening liquidity and positioning delivery on technical and operational milestones progressing toward certification, with $50 million in raised equity and $30 million accessed to date

- On track to complete Critical Design Review (CDR), establishing the certifiable design baseline and formalized partnership network

- Q1 2026 Business & Strategy Update call today at 08:30 am ET (13:30 BST)  

London, UK & New York, USA, May 6, 2026 - Vertical Aerospace (NYSE: EVTL) (“Vertical,” “we,” “our” or the “Company”), a global aerospace and technology company that is pioneering electric aviation, today will provide a Business & Strategy Update for the first quarter of 2026, highlighting continued progress across flight testing, certification, and financing.

The Company’s Q1 2026 financial results filing is available on its investor relations website.

Stuart Simpson, CEO at Vertical, said: “This quarter represents a clear inflection point for Vertical. The successful completion of two-way piloted transition flight demonstrates our aircraft’s performance in real-world conditions and validates the core architecture required for certification. With this milestone achieved, our focus now shifts to executing Critical Design Review and advancing toward certification. Combined with our recent financing, we believe we are well positioned to deliver against our roadmap and progress Valo toward commercialization.”

Recent Highlights

Completion of Two-way Piloted Transition

 - Successfully completed the fourth and final phase of the prototype aircraft piloted flight test campaign under the direct oversight of the UK Civil Aviation Authority (CAA), validating core technology and supporting the certification pathway.

- 2026 milestones to date include completion of both thrustborne transition flight and two-way piloted transition flight, a critical technical validator achieved by a limited number of global peers.

- Completion of the piloted flight test campaign marks the transition from technology demonstration into certification-focused development.

- The Company plans a series of upcoming public flight demonstrations

Advancing Toward Critical Design Review

- Progressing towards the Critical Design Review (CDR), which establishes the certifiable design baseline and enables the build and test of certification-conforming aircraft.

 - Represents a key gating milestone ahead of full-scale certification testing, locking aircraft design elements, key supply chain configuration, and the certification partner ecosystem.

- Significant progress achieved across all major workstreams, including supplier alignment and validation of key structural and system elements.

 - After CDR is achieved, preparation for assembly of the first pre-production aircraft begins, supporting continued progression toward certification.

Financial Outlook & Clear Path to Certification

 - Strengthened balance sheet with a financing package of up to $850 million, providing access to a flexible suite of capital.

- Financing package is aligned to support key technical and operational milestones and progress towards certification.

- Ended the quarter with approximately $96 million (£73 million) of cash and cash equivalents.

- Short-term liquidity includes cash of approximately $103 million (£76 million) and anticipated near-term receipts from R&D tax reliefs (approximately $23 million / £17 million) and government grants & VAT (approximately $7 million / £6 million).

- Expected net cash outflows of between approximately $180 million and $200 million (£135 million to £145 million) over the next 12 months, reflecting continued investment in public flight demonstrations and key certification activities.

- Short-term liquidity, together with anticipated draws under available facilities, expected to provide at least 12 months runway.

Positioned for Next Phase

With the completion of transition flight and continued progress toward CDR, Vertical is entering a phase defined by disciplined execution against its certification roadmap.

The Company’s third prototype aircraft is expected to commence flight testing shortly, supporting further validation and certification activities.

Joining the Q1 Webcast

Vertical will host a webcast at 08:30 am ET (13:30 GMT) today to discuss the first quarter’s results. The call will be hosted by Vertical Chair, Dómhnal Slattery and Stuart Simpson, Vertical’s CEO. They will be joined by Simon Davies, Vertical’s Chief Test Pilot, and David King, Vertical’s Chief Engineer. 

To access the webcast, visit Vertical’s Investor Relations website at https://investor.vertical-aerospace.com/events-and-presentations/events/. A replay will be available on the Company’s website following the event.

 Read the full 6K…

https://www.sec.gov/Archives/edgar/data/1867102/000110465926055898/tm2613343d1_ex99-1.htm

sec.gov
u/_DoubleBubbler_ — 7 days ago

  • British jobs, innovation and long-term economic growth will be supported by £26 million to bring drones and air taxis to UK skies faster
  • nearly £20.5 million committed to develop numberplate ID system for drones – helping police better protect UK skies and prosecute illegal users
  • plans will cut red tape and boost the UK’s next-generation aviation technologies, estimated to contribute up to £103 billion to the UK economy over the next 25 years

Drone deliveries, flying taxis and smarter emergency services could be a step closer to use in UK skies, as the government awards almost £50 million to unlock growth in the drone and advanced air mobility sector, today (5 May 2026). 

Part of the £46.5 million investment will also see a crackdown on ‘faceless’ drones, which can be used in suspicious or illegal activity, through the first bespoke drone identification system. The measures will make it easier for police to identify illegal or nuisance users and clear the way for legitimate drone operators.

Delivered through the Civil Aviation Authority (CAA), the funding will also cut red tape and support the regulatory, digital and security foundations needed to bring drones and advanced air mobility – such as electric flying taxis – into more routine use across the UK.

Aviation, Maritime and Decarbonisation Minister, Keir Mather, said: 

‘We’re backing the next generation of British aviation innovators with nearly £50 million to drive drone regulation reforms and unlock barriers to growth that will create jobs, lower emissions and further the UK’s world-leading aviation reputation.

Innovation must go hand in hand with strong security – that’s why over half of our investment will develop a new ID system to track drones in real-time, supporting emergency services and building public confidence in an industry that could be worth up to £103 billion by 2050.’

Stuart Simpson, CEO of Vertical Aerospace, said:

‘This is a welcome investment in the sector by the government. To lead in advanced air mobility requires a regulatory system that can move at pace while maintaining the highest safety standards. The UK’s CAA has been a serious and constructive partner.

This investment is a further step towards positioning the UK at the leading edge of the eVTOL sector, as it moves towards commercial operations.’

Read the full announcement…

https://www.gov.uk/government/news/nearly-50-million-government-backing-to-power-up-drone-and-flying-taxi-tech-and-crack-down-on-illegal-drones

u/_DoubleBubbler_ — 8 days ago
▲ 66 r/DoubleBubbler+2 crossposts

I can't deny I am over the moon with progress so far in turning about $10,700 into $268,290 in three years... twice as my better half's pension has mirrored the trades too!

I just need 373% gain from here to complete the challenge now which seems very achievable.

Hopefully EnSilica (OTC: ENSIF / AIM: ENSI) as my sole investment in this challenge now will see me through to target in the next few years.

https://doublebubbler.com/trading-history/

https://www.reddit.com/r/DoubleBubbler/comments/1oxmrmm/double_bubbler_10k_to_1_million_updates_general/

u/_DoubleBubbler_ — 8 days ago

A sub with a user who historically claimed various prime sub names but does nothing constructive with them in my opinion. Sub squatting… a possible breach of the MCOC in my opinion.

reddit.com
u/_DoubleBubbler_ — 8 days ago