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 its subsidiary Steatite Ltd has secured an initial order valued at US $10.8 million under Project CAIN, a major defence programme, for a UK Government end user.
The order represents a significant milestone in Steatite’s ongoing strategy to deliver cutting-edge, mission-critical technologies to the UK’s armed forces and security community. Under Project CAIN, Steatite will supply a range of secure, ruggedised systems including the MPU5 and Wave Relay Radio Technology from Persistent Systems, supporting advanced operational capabilities in challenging environments.
Delivery of these initial systems is scheduled for the first half of 2026. The project further strengthens Steatite’s position as a trusted supplier to the UK Ministry of Defence and reinforces its reputation for innovation and reliability in the delivery of secure technology solutions.
Commenting on the award, Matthew Richards, Systems Divisional Managing Director of Solid State plc, said:
“This contract win is the result of extensive collaboration with our customer, the OEM Persistent Systems and other commercial providers, which highlights the strength of Steatite’s capability and commitment to operational excellence.
“Project CAIN will play a key role in enhancing the UK’s defence resilience, aligning with the targets set by Chief of the General Staff General, Sir Roly Walker, to double lethality in 3 years and triple it in 10. We’re proud to be part of its delivery and thank Tim Sage and his colleagues within our communications team for getting us to this stage. We now look forward to supporting the MoD in the months and years to come on such a prestigious and vitally important programme.”
This announcement contains inside information for the purposes of Article 7 of the UK version of Regulation (EU) No 596/2014 which is part of UK law by virtue of the European Union (Withdrawal) Act 2018, as amended (“MAR”). Upon the publication of this announcement via a Regulatory Information Service, this inside information is now considered to be in the public domain.