TIDMSOLI
Solid State PLC
04 May 2022
RNS Reach - non regulatory announcement
Solid State plc
( "Solid State", the " Group " or the "Company" )
Solid State buzzing on innovative
pollination challenge
Solid State plc (AIM: SOLI), the specialist value added
component supplier and design-in manufacturer of computing, power,
and communications products, announces a contract won by its
Components division for the supply of hardware to be used in Bee
Hive monitoring to a US based client to improve bee health and crop
pollination with a project value of approximately GBP2.4m.
The client, a USA-based precision pollination service, uses
cutting-edge technology that ensures the pollination process lives
up to farm standard quality every season. By monitoring hives, it
produces stronger, healthier and more productive colonies, while
lowering operational costs.
Sensors (which took three years to perfect) are placed in the
middle of the hive, a range of data across various parameters is
collected, and cutting-edge communications hardware sends this data
to the cloud. In this way, the client can detect concerning changes
in hive behaviour which may indicate ill health or stress, or a
change in hive conditions which threatens the bees' wellbeing. The
beekeepers are alerted and can rapidly address the issues, helping
to reduce the mortality rate.
The client has the capacity to rapidly scale up. Its aim is to
go from its current 48,000 hives, the equivalent of 1.5 billion
bees, to 300,000 hives during the next eight months. The smart
hives have proven to be extremely successful, increasing yields for
70% of major crops by an average of up to 30%.
CEO and Co-Founder of the client said:
"The radio modules successfully supplied by Solid State Supplies
have made a significant impact to our business. Without them, the
lack of crop pollination could have put the business back 12
months, while missing a season would have meant the loss of crucial
data, hindering our ambition of going from fourth largest
pollinator in the U.S. to the largest."
Matt Cook, Product Marketing Manager at Solid State Supplies,
added:
"It was an unprecedented situation. We knew that it would be a
challenge to not just source the modules, but also deliver them in
time; however, we were adamant that it was possible, and we proved
that we could do what our rivals couldn't.
"It has been a priority at Solid State to develop close, robust
supplier relationships, to ensure we can source sufficient product
for our customers."
For further information please contact:
Solid State plc Via Walbrook
Gary Marsh - Chief Executive
Peter James - Group Finance Director
Walbrook PR (Financial PR) 020 7933 8780
Tom Cooper / Nick Rome 0797 122 1972
solidstate@walbrookpr.com
Analyst Research Reports: For further analyst information and
research see the Solid State plc website:
https://solidstateplc.com/research/
Notes to Editors:
Solid State plc (SOLI) is a value added electronics group
supplying commercial, industrial and military markets with durable
components, assemblies and manufactured units for use in specialist
and harsh environments. The Group's mantra is - 'Trusted technology
for demanding applications'. To see an introductory video on the
Group - https://bit.ly/3kzddx7
Operating through two main divisions: Systems (Steatite &
Active Silicon) and Components (Solid State Supplies, Pacer, Willow
Technologies & AEC); the Group specialises in complex
engineering challenges often requiring design-in support and
component sourcing for computing, power, communications,
electronic, electro-mechanical and opto-electronic products.
Headquartered in Redditch, UK, Solid State employs approximately
300 staff across UK and US, serving specialist markets in
industrial, defence and security, transportation, medical and
energy.
Solid State was established in 1971 and admitted to AIM in June
1996. The Group has grown organically and by acquisition - having
made 12 acquisitions since 2002.
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END
NRAEANSDEASAEEA
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May 04, 2022 02:02 ET (06:02 GMT)
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