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Solid State Expands US Market with Q-Par Acquisition
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Solid State Expands US Market with Q-Par Acquisition

Solid State (GB:SOLI) has released an update.

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Solid State PLC has acquired Q-Par Antennas USA for up to $2 million, aiming to enhance its presence in the US antenna market and strengthen its distribution channels in the defense and security sectors. This acquisition is part of Solid State’s strategy to expand its footprint and product offerings in the US, leveraging Q-Par’s established market reputation and client base. The deal is expected to provide Solid State with the opportunity to grow its US operations and potentially establish an antenna production capability in California.

For further insights into GB:SOLI stock, check out TipRanks’ Stock Analysis page.

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