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Steatite secures £2.2m transport sector order

Steatite secures £2.2m transport sector order.

articleSolid State PlcJanuary 5, 20214/company/solid-state-plc/news/steatite-secures-pound22m-transport-sector-order
Steatite secures £2.2m transport sector order

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[{"type":"text","content":"\n \n \n \n RNS Number : 4847K\n Solid State PLC\n 05 January 2021\n  \n \n \n \n  \n \n \n RNS Reach - this is a non-regulatory announcement \n \n  \n \n Solid State plc\n \n \n (\"Solid State\", the \"Group\" or the \"Company\")\n \n \n Steatite secures £2.2m transport sector order \n \n \n   \n \n \n  \n \n \n Solid State plc (AIM: SOLI), the AIM listed manufacturer of computing, power and communications products, and value added supplier of electronic and opto-electronic components, is pleased to announce that its Manufacturing division, Steatite, has secured a £2.2m contract to supply in excess of 1000 computer systems. \n \n \n  \n \n \n The units supplied by Steatite will be part of a rugged computing and display system for a customer in the transportation sector. Delivery is expected over a 12-24 month period, starting early in the financial year 2021/2022. \n \n \n \n \n Matthew Richards, Steatite's Managing Director, commented:\n \n \n \n \"At our recent results announcement in early December, we expanded on the work we were doing to broaden our exposure to certain structural growth markets.  Transportation was one of those and therefore it is pleasing to be able to announce such a significant contract award resulting from that focussed effort.\" \n \n \n  \n \n \n  \n \n \n For further information please contact:\n \n \n  \n \n \n \n \n \n \n Solid State plc \n \n \n \n \n Via Walbrook PR\n \n \n \n \n \n \n Gary Marsh - Chief Executive\n \n \n Peter James - Group Finance Director\n \n \n \n \n \n [email protected]\n \n \n \n \n \n \n \n  \n \n \n  \n \n \n \n \n \n \n Walbrook PR\n \n (Financial PR)  \n \n \n \n \n 020 7933 8780\n \n \n \n \n \n \n Tom Cooper / Paul Vann\n \n \n \n \n 0797 122 1972\n \n \n \n \n \n  \n \n \n \n \n [email protected]\n \n   \n \n \n \n \n \n \n  \n \n \n  \n \n \n \n Analyst Research Reports:\n \n  \n For further analyst information and research see the Solid State plc website: \n \n https://solidstateplc.com/research/\n \n \n \n  \n \n \n  \n \n \n Notes to Editors:\n \n \n  \n \n \n Solid State plc (SOLI) is a value added electronics group supplying industrial and military markets with ruggedised/durable components, assemblies and manufactured units fo...

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