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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.
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
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.
Profile maintained by Altss using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.
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