Reach - Non-Regulatory Announcement

20 November 2025

Solid State plc

("Solid State", the "Group" or the "Company")

Custom Power secures orders across its target markets totalling $7.4m to supply battery packs

to multiple customers in the UK and US

Solid State plc (AIM: SOLI), the specialist value-added supplier and design-in manufacturer of computing, power, and communications products, is pleased to announce that its Power Division, Custom Power, has secured several major orders with a total value of $7.4 million since the half year ending 30 September 2025.

The orders relate to the supply of specialist power packs for applications across unmanned aerial vehicles (UAVs), maritime technologies, portable medical devices, industrial applications and the energy sector.

In the United States, Custom Power has secured repeat and new demand from both its Tier 1 defence and security (D&S) customers in the air and maritime domains and commercial customers for its advanced battery technologies used in autonomous vehicles. In the United Kingdom, follow-on orders have been secured from key customers in the medical device, industrial and energy sectors.

These orders demonstrate the continued progress and benefits of the focused strategy to deliver high-value, high-quality engineered solutions. This approach is strengthening Custom Power's reputation as the go-to provider of advanced battery technology solutions for customers with demanding and mission-critical applications.

Dave Crossman, Global Vice President & General Manager at Custom Power said: "Securing new business is fundamental to strengthening our order book and reinforcing our five-year growth plan as a unified global division.

"These orders highlight the continued advancement of our engineering and operations, as well as our strong position in the expanding market for autonomous and cordless technologies.

"Our partnerships with Tier 1 customers who are recognised as innovators and disruptors in next-generation solutions, demonstrates our ability to design and deliver tailored systems that meet the most demanding performance requirements."

Investor Site Visits to Head Office in Redditch

Solid State holds site visits to its head office in Redditch where operations from both the Systems and Components divisions can be seen.  Interested investors should contact solidstate@walbrookpr.com.

For further information please contact:

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 (AIM: SOLI) is a leading value-added electronics group supplying industrial and defence markets with durable components, assemblies and manufactured systems for use in critical applications, with a particular emphasis on harsh operational environments. Solid State's products are found around the world, from the ocean floor and into space, ensuring the smooth operation of systems that augment our everyday lives.

The Company has a core focus on industrial and ruggedised computing, battery power solutions, antennas, secure radio systems, imaging technologies, and electronic components & displays.

Operating through two divisions (Systems and Components) the Group thrives on complex engineering challenges, often requiring design-in support and component sourcing. Serving a wide range of industries, with a particular focus on defence, energy production, aerospace, environmental, oceanographic, industrial, robotics, medical, life sciences, and transportation, the Solid State trading brands have become synonymous with quality and reliability. The Group operates under the brands of Steatite, Solsta, Custom Power, Pacer, Active Silicon, Gateway, Durakool and Q-Par.

Solid State plc is headquartered in Redditch, UK, and employs over 425 people around the world. The business has seven production facilities in the UK and one in the USA. In total, including all office locations, the Group operates from 13 national and international sites.

Solid State was established in 1971 and admitted to AIM in June 1996.  The Group has grown organically and by acquisition - having made five acquisitions in the last five years.  

Take a look at the videos below for more insight into the Solid State Group.

Introduction to Solid State - https://youtu.be/1M_Q_B1mYic

Why invest in Solid State? - https://youtu.be/ShmTz6005ws