Ben Richardson, CEO at SulNOx, confident they can cost-effectively decarbonise commercial shipping. Watch the video here.
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More info on Northstar and NOC partnership
https://noc.ac.uk/news/noc-partnership-awarded-funding-deliver-enhanced-marine-autonomy-coastal-waters
It would seem the Americans are going for autonomy in a big way
http://njtoday.net/2021/03/16/autonomous-navy-plan-published/
Does make you wonder why they are testing North*
News on North*
https://www.tpgroupglobal.com/news-events-and-insights/press-releases/changing-the-course-of-marine-autonomy
Defence review
4 new Subs by 2030
“ The IR notes that the Dreadnought programme to replace the existing Vanguard-class submarines remains on track and within budget for the delivery of a first-of-class boat in the early 2030s.”
https://www.army-technology.com/features/whats-in-the-integrated-review-for-defence/
Don't worry Thordon I think your red Heron will fly away one day! I'm not to sure exactly what the Marine business is, or is it the engineering business? We're so complicated. For instance is the Digital Solutions team at Fareham part of AI, Intellectual Property or just plain Marine Engineering?
Sorry but ****ed off , can be a great company
Thats get facts correct TP group have been approached for a buyer of marine business one that have said will sell if sold.
the point is as you say double edge sword and why , my business gets 4 to 5 letters a year for selling up ( why its over 25 years old and makes a profit ) and the CEO is worried that now that the loss making business now sold will this year be the year to make profits. If you sold marine business it will hide the losses and show the gains in profit from sale in marine.
think the marine business is a red Heron.
The CEO has always been selfish and shows in his £500k salary
The hydrogen train story still eludes us what they are doing ? as many other factors
Topped up today, but showing as a sale on here.
Obviously £10 k + seller apologies
Another quick question Gents if you don’t mind how long has the £10+ seller been offloading?
Want to get some more but waiting for it to stop
Many Thanks OT
Hi Adastra looking forward to review will be interesting with a possibility of 4 new subs ?
“ https://www.google.co.uk/amp/s/amp.theguardian.com/uk-news/2021/mar/12/trident-nuclear-warhead-numbers-set-to-increase-for-first-time-since-cold-war
“Replacing the warhead and building four new Dreadnought class submarines are UK sovereign programmes that will maintain the deterrent into the future. We will not comment on speculation about the integrated review, which will be published on Tuesday.”
The review is a double-edged sword for TP group. The company has positioned itself really well to exploit modernisation in autonomous systems, AI, robotics and green energy as I have frequently highlighted. My only concern is that the maritime business which is up for sale may fail to attract a sufficiently high price if the review reduces its underlying value. Think this is the sentiment that is weighing on the shareprice at present and hopefully it will soon be lifted.
Defence review on Tuesday
https://www.bbc.co.uk/news/uk-56386446
Described as the most important defence review since the end of the Cold War, it is expected to focus on developing new technology such as robots, autonomous systems and meeting new threats in the domains of space and cyber.
Agree about lack of information i noted these New programs in latest trading update has anyone found any further info ?
* advanced carbon dioxide removal systems for a large engineering prime contractor in South East Asia
*Artificial Intelligence, we are delivering autonomous path planning on an unmanned submarine in coastal waters in the absence of GPS positioning for the Defence and Security Accelerator
* Consulting team has extended their client side support work on a strategic satellite communications programme
*linking up with rail and air transport operators and industrial energy system providers to define new solutions in those markets. In Europe
*extended its activities further beyond European Space Agency programmes to the European Patent Office and European Geostationary Navigation Overlay Service
*securing an initial contract in Europe for 5G deployment on-board trains, which is our first step into the exciting field of 5G consulting
The lack of information by CEO regarding the marine division would appear to investor as desperate, hence why share price low.
Not a favorite of the the CEO as takes a nice £500k salary , which is all well but where is the profit and dividend.
Ten years and we are at the same place
Sorry but do not want the Marine division sold and if we can voice this across to TP Group
Page 54
https://mag.railtechnologymagazine.com/publication/?m=62824&i=697292&p=54
https://mag.railtechnologymagazine.com/publication/?m=62824&i=697292&p=54
If the marine business is sold im out , will delight in the share price rise but sad to see the only one main profit making machine sold.
TP Group need to make the other business making a profit , to sell your silver is a death warning.
Another quick question to LTHs
If the marine side of the business gets sold do you think they will include a licence for Northstar i cant see the total rights being sold as it has many applications out of marine
Thanks in advance OT
Certainly ramping up the pr machine hopefully the sp gets a boost soon :-)
Ospreys and Penguins
https://www.tpgroupglobal.com/news-events-and-insights/insights/supporting-the-british-antarctic-survey
Hornby?
If the last announcement was hydroflex related then it's definitely porterbrook. One of the other train companies is working with another company which leaves another large rolling stock franchise who don't seem to have made any deals. These three make up the bulk of the Uk market and the rest might be a scottish company who have partnered with arcola i think
Had a look on the website of fuelcell systems - one of the two partners of TPG on Hydroflex. There is a short youtube video on Hydroflex - interesting to watch. When it draws to close there's a page of all companies involved. Guess who's conspicuous by their absence again
https://youtu.be/p3sd7C7Jj3A
Morning Gents many thanks for your replies it is good to hear everyone’s views and have to admit it is all “ifs and buts “at the moment. I wish they had announced which train company they are working with Porterbrook seems the most obvious but again who knows .
Oldtramp, that's an interesting quote, but I guess it can be read either way. TPG could be supplying a whole integrated system, but it doesn't necessarily mean that all the component parts are TPG products. I think we are seeing this more and more in this sector, where it is never quite clear who's components are going into the supplier's branded box. (Those following AFC/ExtremeE will recognise a similar debate over the question of who's electrolyser is producing the H2 for the AFC fuel cell in the AFC containerised unit).
Certainly we never seem to see much mention of TPG as actual manufacturers of electrolysers or fuel cells.