Markets in Brief: Defence and aerospace contract for electronics manufacturer; FireAngel lands social housing sector deal
Redditch electronics manufacturer Solid State has won a $3.2m long term supply agreement with the UK’s leading international defence, aerospace and security company.
The AIM listed manufacturer of computing, power and communications products said the contract, to be delivered by its distribution division, Solid State Supplies, is for the supply of military grade power supplies over a period of three years with deliveries expected to start in the latter part of the current calendar year.
John Macmichael, managing director of Solid State Supplies, said:”We were very pleased to win the VPT franchise earlier this year believing that we could further develop its potential in the niche military and aerospace markets.
“This contract with this significant defence, aerospace and security company demonstrates our ability to increase sales for manufacturers wanting to target specialist end user markets.”
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Home safety product supplier FireAngel has signed a deal with Mears, the provider of support services to the housing and care sectors in the UK, which is responsible for the maintenance, repair and upgrade of over 700,000 properties across the UK.
The Coventry-based company will supply Mears with an integrated connected home management system which uses FireAngel’s Wi-Safe 2 wireless interlink technology to connect the company’s smoke, heat and carbon monoxide alarms to a cloud-based system, for remote monitoring by and instant notifications delivered to Mears.
The system includes a touch screen smart panel, and a home automation hub that enables continuous monitoring by Mears of the company’s alarms located within its clients’ properties.
Graham Whitworth, executive chairman of FireAngel, said: “Following significant R&D investment, I am pleased to announce our collaboration with Mears, which takes our smart, connected and existing products into the heart of the UK social housing sector. By integrating our technological expertise in the home safety sector into Mears’ solution, we believe that FireAngel can significantly enhance the quality of service and support through a range of connected safety monitoring devices for housing tenants across the UK.
“We see the System as the enabling technology that will allow FireAngel to capitalise on the wealth of opportunities in the UK trade sector and generate increased sales of our higher value trade alarms and devices.”
David Miles, chief executive of Mears, said: “We are very pleased to have signed this partnership agreement with FireAngel. There are real safety, commercial and financial benefits to optimising our interaction with tenants and reducing the number of unanswered visits from our maintenance teams. We are witnessing a transition to integrated technologies and the FireAngel system will enable us to centralise those technologies into one central hub. We look forward to introducing the FireAngel solution to our clients across the footprint.”
