That’s correct. ARC came out with the SP-4 in 1976 and it was all solid-state using black box Analog Modules in place of tubes. The ARC literature proudly proclaimed it retained all of the best qualities of their previous tube preamps but without the noise or tube replacement issues. It was very coy about what was in the Analog Modules as if they had some new proprietary technology.I don't know if you remember, but in the late '70s (if memory serves), ARC introduced solid state "analog modules"--they were some sort of circuit all sealed up in a case that replaced tubes in certain designs. As I recall, that failed miserably at the time. But ARC makes or did make some big solid state amps, didn't they? (Sorry, I haven't kept up with the company).
ARC said the Analog Modules were so good they were no longer going to make tube preamps. Unfortunately, like so many other claims about solid state surpassing tubes, the SP-4 did not sound better than the SP-3a1. In fact, it sounded far inferior. A friend fell for the ARC claims and bought a SP-4 so we were able to compare it to other preamps in several systems. It really had little going for it. Even a DB Systems preamp sounded better.
Given the statement that ARC would no longer be making tube preamps, imagine the surprise when they came out with the SP-6 just two years later. The SP-6 was not only a return to tube circuitry it was basically a SP-3 with a far more robust power supply.
The SP-4 experience taught me ARC’s promotional claims should be taken with a grain of salt.