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Latest News

All the latest news from Steatite

Armed forces covenant and ERS silver award logos

Defence Employer Recognition Scheme (ERS) Silver Award

We’re proud to confirm that we’ve been awarded Silver in the Defence ERS scheme in light of our sustained commitment to supporting the armed forces community.

When we signed the Armed Forces Covenant in 2022, we committed to recognise the value that serving personnel, both regular and reservists, veterans, and military families contribute to our business and our country. We’ve incorporated several processes into our recruiting and employment processes to actively create supportive environments for this community, and to leverage the benefits that it brings to our business.

We are delighted that these efforts have been recognised at the highest level. We’re even more delighted that we continue to attract talented veterans and reservists to strengthen our business.

What does committing to the Armed Forces Covenant mean? Find out more about it.

A veteran, war memorial and commemorative wreath

Falklands Ride of Respect

We proudly support Armed Forces personnel, past and present, through our signing of the Armed Forces Covenant.

The Falklands Ride of Respect is an annual motorcycle event organised by the Airborne Forces Riders Motorcycle club, a branch of the Parachute Regimental Association, to visit every gravesite or memorial in the UK of those killed during the 1982 Falklands Conflict, paying tribute to the fallen and supporting veterans through fundraising for the South Atlantic Medal Association (SAMA 82), a charity supporting Falklands veterans.

The ride typically covers 15 separate regions across the UK, with each team visiting local memorials and gravesites. Our Security Controller, Andy Connelly, took part in Ride No: 6 covering the Midlands.

The ride has historically raised thousands of pounds for SAMA 82, helping veterans with welfare, support, and recognition. Participants and supporters often receive updates on fundraising progress and can contribute via the SAMA website.

The pictures were taken in Walsall, for the memorial for Pte Mark Dodsworth 3 Para and Mne John Nowak 45 Cdo RM in Derby who both lost their lives towards the end of the conflict. The wreath was laid at the NMA Falklands Memorial by Andy.

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.

Gary Marsh 1966 – 2025

It is with great sadness that we share the news that Gary Marsh, our CEO, has sadly passed away after a short illness. Having been a part of the business for nearly 40 years, Gary was a leader and friend to many of us within the Solid State family.

Gary was a very approachable and friendly person, and undertook his role with huge dedication, humour, and always with a smile. To many of us, he was not just our CEO, but also a highly respected colleague and friend. We are grateful for the incomparable legacy he leaves.

His commitment to Solid State was total and he oversaw exceptional growth and geographical business expansion, but always with the best interests of his employees at heart. He has been a constant inspiration to us all and will be sadly missed.

Our thoughts and deepest condolences go out to his family and loved ones during this very difficult time.

John Macmichael, Managing Director of Solsta, will stand in as Interim CEO, with the support of the Board of Directors and senior management team, to ensure continuity and stability across the Group.

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.