tiprankstipranks
Solid State Secures Major US Defence Contracts
Company Announcements

Solid State Secures Major US Defence Contracts

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

Pick the best stocks and maximize your portfolio:

Solid State plc has secured two significant contracts worth $5.1m to supply custom battery packs for harsh environment applications in the US defence sector, with deliveries starting in early 2025. These contracts with leading defence prime contractors highlight the company’s expertise in creating solutions for tough conditions, and have the potential to extend into multi-year agreements. A trading update is anticipated in November, following the completion of the six-month period ending on September 30, 2024.

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

Related Articles
TipRanks UK Auto-Generated NewsdeskSolid State plc Acquires Own Shares for Treasury Holding
TipRanks UK Auto-Generated NewsdeskSolid State Plc Directors Increase Share Holdings
TipRanks UK Auto-Generated NewsdeskSolid State PLC Faces Revenue Challenges Amid Strong Growth Prospects
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App