Business
Solid State Awarded Power Design Appointment
Solid State Awarded Power Design Appointment.
About this update from Solid State Plc
[{"type":"text","content":"\n \n \n \n \n \n \n \n \n \n \n \n RNS Reach - non regulatory announcement\n \n \n \n \n \n \n \n \n \n Solid State plc\n \n \n \n (\n \"Solid State\", the \"\n Group\n \" or the \"Company\"\n )\n \n \n \n Solid State awarded power design appointment\n \n \n \n \n \n \n Solid State plc (AIM: SOLI), the specialist value added component supplier and design-in manufacturer of computing, power, and communications products, announces an important design and development contract from an existing customer. The initial commitment reflects a mobilisation fee of £0.5m awarded to Steatite's Power Business Unit for the design and manufacture of prototypes and pre-production packs of a bespoke power system for the client's autonomous application.\n \n \n \n \n \n The Appointment is to design-in an innovative rechargeable battery for the next generation solution with production volumes expected to follow subject to customer acceptance / commissioning.\n \n \n \n \n \n \n Matthew Richards, Managing Director of the Systems division, said:\n \n \n \n \n \n \n \"We are delighted with this Design-in Appointment. We have been working with the customer for several years, keeping pace with their own radical innovation as they strive for ever more efficient solutions. Our own capital investment in latest battery bonding technology combined with additional engineering resource have come together to allow the team to present a de-risked solution that meets the customer's immediate requirement with a roadmap for continuous enhancement that will drive down the total cost of ownership. We are looking forward to a strong engineering collaboration with the customer leading to the potential for volume production of the battery. \n \n \n \n \n \n \"Cable free power is increasingly in demand, with many of the applications in non-standard formats. Solid State uses its industry know-how and most suitable chemistry with extensive in-house skills and resources to design-in the optimum solution in each case. Safety, performance, quality, and reliability are critical. Our sustainably engineered solutions maximise the performance and cycle life, delivering commercially differentiated products, built to last.\"\n \n \n \n \n \n \n For further information please contact:\n \n \n \n \n \n...