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Latest News

All the latest news from Steatite

Stocks and shares graph with company trading update

Solid State Group Trading Update

We’ve just published the Group trading update for the year ended 31 March 2026 (FY25/26) and an update on our trading outlook.

We’re pleased to report the Group has had a strong end to the FY25/26, building on the positive momentum achieved in the first three quarters. This strong trading means revenue is expected to be ahead of consensus market expectations and not less than £150m and adjusted profit before tax will accordingly also be ahead of consensus market expectations for FY25/26.

Read the full update.

Solid State CEO

Solid State CEO Appointment

Solid State plc (AIM: SOLI), the specialist value added component supplier and design-in manufacturer of computing, power, and communications products is pleased to confirm the appointment of John Macmichael to the post of Chief Executive Officer on a permanent basis with immediate effect. Jon Baxter has been appointed to the post of Managing Director of Solsta, to assume responsibility for the Group’s Components division.

Commenting on this appointment, Nigel Rogers, Chairman of the Board, said:

“John accepted the appointment as Interim CEO last November in unexpected circumstances and provided immediate stability and confidence to the Company and its stakeholders. Since then, he has shown great leadership to the senior team, and has embraced the development and implementation of Group strategy. We are pleased to confirm his appointment on a permanent basis and look forward to his ongoing contribution.”

Read the full press release.

Photo of new business development director

New Business Development Director Appointed

We are delighted to welcome Peter Molyneux as Business Development Director for our Computing and Integrated Systems Business. In this role, Peter will lead initiatives to accelerate sales growth focusing on integrated systems, specialist computing and integrated product support.

Steatite Integrated Systems designs, manufactures and integrates complex multi-functional consoles, rack cabinets and enclosures. In ensuring seamless end to end delivery, additional supporting capabilities include project management, pre-compliance testing and technical documentation.

Peter brings extensive experience from his tenure as Group Sales and Marketing Director at Captec. Prior to this he has held senior roles at Getac and Panasonic. His mission is to drive sales growth positioning Steatite as a leader in integrated systems and specialised computer solutions.

Non-Executive Deputy Chair

Appointment of Non-Executive Deputy Chairman

We are delighted to announce that our Board has been strengthened by the appointment of Victor Chavez CBE as Non-Executive Deputy Chairman, with effect from 1 January 2026.

Victor has over 35 years of experience in the defence, aerospace, and security sectors. He was Chief Executive Officer at Thales UK for almost a decade, where he led major defence and security programmes across the UK and allied nations. Throughout his career in industry, Victor has worked at the highest levels of government and the UK Ministry of Defence on matters of defence industrial strategy, capability management, technology, and acquisition.

Read the full press release.

Hands shaking with text outlined MoD order

$10.8 Million UK MoD Order for Project CAIN

Solid State plc through Steatite has secured an initial $10.8 Million UK MoD Order for Project CAIN.

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 LLC, supporting advanced operational capabilities in challenging environments.

Read the full press release for more details.

Autumn newsletter text and logo

Autumn Newsletter

Our Autumn newsletter has arrived! Inside, you’ll find updates on new contracts, events, case studies, insights and more. Read it now.

Hands shaking with text details of a new contract win

Defence Contract Win

We’re delighted to confirm that we’ve been awarded a £1.65 million contract by The Defence Science and Technology Laboratory (DSTL), an executive agency of the Ministry of Defence (MOD) of the United Kingdom, to design, develop, qualify, and supply complex integrated systems.

This significant programme will be delivered from our newly established Integrated Systems facility, reinforcing our commitment to supporting the UK’s defence capabilities with sovereign designed and manufactured innovative, high-quality engineered solutions.

Read the full press release.

Defence Tech at DSEI

Sharing Defence Tech at DSEI

We’ve just wrapped up a hugely successful week at DSEI – the UK’s leading trade show for the Defence and Security sector.

The event showcased the latest developments in equipment and technology for military and defence applications. Each of our Business Units have strong offerings for this sector, and our booth at the show was buzzing as we shared:

Communications: A comprehensive range of MANET datalink products to enable secure video, voice and situational awareness data for personnel in the field. Supported by partners Persistent Systems, CISTECH Solutions and SensorOps.

Computing: Multifunction operator console, custom designed for use on surface ships and submarines. Plus our skills in designing, testing and manufacturing products to military and TEMPEST standards.

Antennas: Our threat emitter antenna positioner system. This is just one of our many specialist products, which also include systems for ELINT, EW and Spectrum Management applications.

Imaging: High-resolution AF-Zoom camera integrated in a rugged housing and pan-and-tilt unit.

Power: Custom-built UAV battery, designed to optimise SWaP requirements in a compact form.

Get in touch with the team to find out more about land, sea and air solutions.

Shaking hands on a technology background

Custom Power and Volklec Unite to Electrify UK Defence with End-to-End Battery Solutions

We are delighted to announce that our sister company, Custom Power, has joined forces with Volklec, the UK’s only independent battery manufacturer, to deliver a sovereign, end-to-end energy solution for the UK defence sector.

This strategic partnership creates a fully integrated capability, from cell development through to battery pack design, manufacture, delivery and support, tailored to meet the rigorous demands of defence prime providers. At its core, Custom Power’s bespoke battery and power systems are paired with Volklec’s proven 21700 lithium-ion cell technology to ensure consistent, high-performance energy delivery in the most challenging operational environments.

Read the full press release.