RCS - Solid State PLC - Components - innovative pollination contract

Solid StateAnnouncement

04/05/2022 07:00

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RNS Number : 0940K  Solid State PLC  04 May 2022

RNS Reach - non regulatory announcement

 

Solid State plc

("Solid State", the "Group" or the "Company")

Solid State buzzing on innovative

pollination challenge

 

Solid State plc (AIM: SOLI), the specialist value added component supplier and
design-in manufacturer of computing, power, and communications products,
announces a contract won by its Components division for the supply of hardware
to be used in Bee Hive monitoring to a US based client to improve bee health
and crop pollination with a project value of approximately £2.4m.

 

The client, a USA-based precision pollination service, uses cutting-edge
technology that ensures the pollination process lives up to farm standard
quality every season. By monitoring hives, it produces stronger, healthier and
more productive colonies, while lowering operational costs.

 

Sensors (which took three years to perfect) are placed in the middle of the
hive, a range of data across various parameters is collected, and cutting-edge
communications hardware sends this data to the cloud. In this way, the client
can detect concerning changes in hive behaviour which may indicate ill health
or stress, or a change in hive conditions which threatens the bees' wellbeing.
The beekeepers are alerted and can rapidly address the issues, helping to
reduce the mortality rate.

 

The client has the capacity to rapidly scale up. Its aim is to go from its
current 48,000 hives, the equivalent of 1.5 billion bees, to 300,000 hives
during the next eight months. The smart hives have proven to be extremely
successful, increasing yields for 70% of major crops by an average of up to
30%.

 

CEO and Co-Founder of the client said:

 

"The radio modules successfully supplied by Solid State Supplies have made a
significant impact to our business. Without them, the lack of crop pollination
could have put the business back 12 months, while missing a season would have
meant the loss of crucial data, hindering our ambition of going from fourth
largest pollinator in the U.S. to the largest."

 

Matt Cook, Product Marketing Manager at Solid State Supplies, added:

 

"It was an unprecedented situation.  We knew that it would be a challenge to
not just source the modules, but also deliver them in time; however, we were
adamant that it was possible, and we proved that we could do what our rivals
couldn't.

 

"It has been a priority at Solid State to develop close, robust supplier
relationships, to ensure we can source sufficient product for our customers."

 

For further information please contact:

 

 Solid State plc                                           Via Walbrook

 Gary Marsh - Chief Executive

 Peter James - Group Finance Director
 Walbrook PR (Financial PR)                                020 7933 8780

 Tom Cooper / Nick Rome                                    0797 122 1972

                                                           solidstate@walbrookpr.com (mailto:solidstate@walbrookpr.com)

 

 

Analyst Research Reports: For further analyst information and research see the
Solid State plc website: https://solidstateplc.com/research/
(https://urldefense.proofpoint.com/v2/url?u=https-3A__solidstateplc.com_research_&d=DwMFAg&c=euGZstcaTDllvimEN8b7jXrwqOf-v5A_CdpgnVfiiMM&r=05PHl3GHdShYuaCii2fBRpoqaNr9B1d97X09daeosu0&m=JmX-gQVke87P3UDBxQzNglNm9FfzH5yZtIa_SmElSS4&s=ib8r3ul2tCaEvJ39SnR1LT7nCa7gAcRQzgO-kNoyZoM&e=)

 

 

Notes to Editors:

 

Solid State plc (SOLI) is a value added electronics group supplying
commercial, industrial and military markets with durable components,
assemblies and manufactured units for use in specialist and harsh
environments.  The Group's mantra is - 'Trusted technology for demanding
applications'.  To see an introductory video on the Group
- https://bit.ly/3kzddx7 (https://bit.ly/3kzddx7)

 

Operating through two main divisions: Systems (Steatite & Active Silicon)
and Components (Solid State Supplies, Pacer, Willow Technologies & AEC);
the Group specialises in complex engineering challenges often requiring
design-in support and component sourcing for computing, power, communications,
electronic, electro-mechanical and opto-electronic products.

 

Headquartered in Redditch, UK, Solid State employs approximately 300 staff
across UK and US, serving specialist markets in industrial, defence and
security, transportation, medical and energy.

 

Solid State was established in 1971 and admitted to AIM in June 1996.  The
Group has grown organically and by acquisition - having made 12 acquisitions
since 2002.

 

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