RCS - Solid State PLC - Saab selects Steatite for Naval Antenna Assembly

Solid StateAnnouncement

12/09/2023 07:00

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RNS Number : 0445M  Solid State PLC  12 September 2023

Reach - non regulatory announcement

 

 

Solid State plc

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

Saab selects Steatite for Naval Antenna Assembly

 

Solid State plc (AIM: SOLI), the specialist value added component supplier and
design-in manufacturer of computing, power, and communications products, is
pleased to announce that it has entered into a multi-million pound agreement
to work with Saab AB Surveillance, headquartered in Sweden, on a naval ELINT
antenna system through its Systems division, Steatite.

 

Saab and Steatite have signed a framework agreement across Steatite's five
business units to design, test and deliver high-quality RF and wireless
communication equipment from its broad portfolio. The company will supply
elements from its world-leading antenna design and manufacturing facilitity in
Leominster, UK, amongst other components.

 

Commenting on the agreement, Matthew Richards, MD of Steatite, said: "We're
very pleased to have entered into this agreement with Saab. It's a strong
testament to the extensive capabilities we have now that the Solid State group
has grown organically and through acquisition over the last few years. We look
forward to working with such an innovative and reputable solutions provider."

 

Magnus Bäckström, Vice President and head of Saab´s business unit
Electronic Warfare and Aircraft Systems, added: "This agreement is an
important part of our delivery to our customers. Close and respectful
cooperation is crucial in complex development processes. We look forward to
continuing our cooperation with Steatite."

 

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 defence markets with durable components,
assemblies, manufactured units and power units for use in specialist and harsh
environments.  The Group's mantra is - 'Trusted technology for demanding
environments'.  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 &
Custom Power) 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 400 staff
across the UK and US, serving specialist markets with high barriers to entry
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 three acquisitions
in the last three years.

 

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