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Solitron Devices Inc.

Solitron Devices Inc. is a other based in Palm Bay, founded 1959; the Altss profile covers its classification, headquarters, registration, AUM band, and key...

Solitron Devices Inc. logo

Solitron Devices Inc.

Solitron Devices Inc is a power semiconductor company based out of 3301 Elec Way Ste C, West Palm Beach, FL, United States.

General information

Firm type

other

Year founded

1959

Location

Region

North America

Country

United States

City

Palm Bay

Corporate office

3301 Electronics Way, West Palm Beach, FL 33407, United States

Principals

David H. Solitron

Chairman & CEO

John L. Solitron

President & COO

Sector focus

SemiconductorsDefense ElectronicsAerospace & Defense

Frequently asked questions

Is Solitron Devices structured as a family office or an operating company?

Solitron Devices Inc. is primarily a manufacturing operating company, not a family office. It produces semiconductor components for defense and aerospace. While the Solitron family holds a controlling stake and the company's board is family-led, it does not manage outside capital or invest in third-party assets (per SEC filings, 2024).

Who controls the company?

David H. Solitron serves as chairman and CEO. His brother, John L. Solitron, is president and COO. The Solitron family collectively owns a majority of the outstanding shares, giving the family effective control over the board and major decisions (per the firm's 2024 proxy statement).

Does Solitron invest in venture capital or external funds?

No. Solitron Devices does not publicly disclose any investments in venture funds, private equity, or other asset classes beyond its core business operations. The company's capital is deployed into R&D, manufacturing equipment, and contract fulfillment (per SEC filings).

What is Solitron's revenue model?

Solitron earns revenue from selling electronic components under long-term government contracts and commercial orders. Its major customers include primes like Lockheed Martin and Raytheon, as well as direct deals with the U.S. Department of Defense (per public contract records).

How does Solitron's ownership compare to private family offices?

Unlike a typical single-family office, Solitron is a publicly traded corporation. The family's controlling stake provides the ability to influence strategy, but the company must disclose executive compensation, financial statements, and governance changes to the SEC. This creates a more transparent structure than most family offices.

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