Solid State Wins $5.1m IOT Solution Contract
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Solid State Wins $5.1m IOT Solution Contract

Solid State (GB:SOLI) has released an update.

Solid State plc has secured a lucrative $5.1m contract to provide an IOT technology solution for smart vending machines in the US, which will showcase the company’s UK-based expertise in hardware and software applications. The order marks a strategic expansion of the company’s international presence and is expected to be delivered between Q2 2024 and mid-2025, with plans for a next-generation 5G router already on the horizon.

For further insights into GB:SOLI stock, check out TipRanks’ Stock Analysis page.

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