Solid State, the London-listed specialist component design and manufacturer of computing, power, and communications products, has secured a £4.05 million order for its internet of things technology to a US customer from a new franchise line supplied by Solsta, its components division, which is based in Redditch.
The contract combines hardware and software applications in an industrial application. The customer solution creates smart vending machines by enabling smart billing and intelligent inventory control and management through the combination of an industrial router and cloud based services. The success of this contract demonstrates the Group strategy of broadening its complementary technology set and internationalising the Group.
Delivery of the contract is expected to commence this year and be completed by middle of 2025.
Solsta is additionally expecting to work with the client to develop a Gen 2 5G router based successor to the current technology.
Jon Baxter, Executive Director Sales & Operations EMEA at Solsta, Solid State's components division, said: "The recent restructuring of the Pacer business in the USA has enabled this significant development in the components division.
"This solution brings together both access to hardware and engineering know-how to create a product which matches the needs of our client exactly."
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