Get Live Data

Roundtable Discussion; The Future of Mineral Sands. Watch the video here.

Less Ads, More Data, More Tools Register for FREE
Roundtable Discussion; The Future of Mineral Sands
Roundtable Discussion; The Future of Mineral SandsView Video

Latest Share Chat

  2. Share Prices
  3. TPG.L Share Price
  4. TPG.L Share News
  5. IN BRIEF: TP Group To Develop AI Product For US Defence Department

Pin to quick picksTPG.L Share News (TPG)

TPG.L Information
  • There is currently no data for TPG

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

IN BRIEF: TP Group To Develop AI Product For US Defence Department

Tue, 06th Oct 2020 14:23

TP Group PLC - Reading-based software and engineering services provider - Signs GBP200,000 contract with Colorado-based Mountain Horse Solutions to develop an autonomous navigation platform for land-based vehicles for the US Department of Defense. The nine-month contact will see TP Group's Digital Solutions team work in partnership with Mountain Horse to develop and demonstrate a navigation system for a convoy of autonomous vehicles. Following a successful demonstration of the concept, there is the potential to move to a production model that could go into live operation by the end of 2021.

Current stock price: 6.95 pence

Year-to-date change: up 6.1%

By Ife Taiwo; ifetaiwo@alliancenews.com

Copyright 2020 Alliance News Limited. All Rights Reserved.

More News
1 May 2019 10:02

TP Group expands in space market through Sapienza acquisition

(Sharecast News) - Specialist services and engineering company TP Group announced the acquisition of the entire issued share capital of Sapienza Consulting Holding on Wednesday, for an initial cash consideration of €10m and €1.5m by way of the issue of 20,612,865 new ordinary shares.

Read more
1 May 2019 09:14

TP Shares Rise On EUR13.5 Million Sapienza Consulting Acquisition (ALLISS)

LONDON (Alliance News) - Shares in engineering firm TP Group PLC jumped Wednesday after it acquired Sapienza Consulting Holding BV for up to EUR13.5 million in a cash-and-shares deal as it looks a

Read more
4 Apr 2019 11:45

TP Group scores MoD contract extensions

(Sharecast News) - TP Group was on Thursday awarded two contract extensions worth a combined value of approximately £1.4m to its existing work within the space engineering sector for the Ministry of Defence (MoD).

Read more
2 Apr 2019 11:05

TP Group shrinks loss to nil as it integrates acquisitions

(Sharecast News) - Engineering and support services firm TP Group announced revenue ahead of forecast in its audited results on Tuesday, with the total rising 40% to £39.0m, which it said was underpinned by "strong" customer momentum.

Read more
2 Apr 2019 09:29

TP Group 2018 Loss Shallows On Revenue Surge And Order Book Strength

LONDON (Alliance News) - Engineering firm TP Group PLC said Tuesday its 2018 loss narrowed significantly on the year prior as revenue surged, amid an "excellent" year for the 2018, loss

Read more
30 Jan 2019 15:11

TP Group gets another order for submarine equipment

(Sharecast News) - Specialist services and engineering company TP Group announced an order worth £0.8m on Wednesday, to supply carbon dioxide removal equipment for fitment to a new-build submarine by an overseas shipbuilder.

Read more
30 Jan 2019 11:28

TP Group Wins GBP800,000 Order For Carbon Dioxide Removal Equipment

LONDON (Alliance News) - Services and engineering group TP Group PLC said on Wednesday it has received an order worth GBP800,000 to supply carbon dioxide removal equipment by an unnamed overseas a

Read more
22 Jan 2019 14:52

TP Group wins another GE contract

(Sharecast News) - Specialist services and engineering group TP Group has been awarded an additional contract by Baker Hughes - a GE company - within the nuclear sector, it announced on Tuesday.

Read more
15 Jan 2019 13:18

TP Group Revenue To Beat Expectations As Strong Performance Continues

LONDON (Alliance News) - Specialist services and engineering group TP Group PLC on Tuesday said revenue and cash for 2018 will beat expectations after strong performance.Trading in the half

Read more
5 Nov 2018 09:21

TP Group Buys Rugged Server Maker Westek Technology For GBP3.5 Million

LONDON (Alliance News) - Engineering firm TP Group PLC said Monday it had acquired rugged computer servers firm Westek Technology Ltd for up to GBP3.5 million.Wiltshire-based Westek servers

Read more
10 Oct 2018 11:22

TP Group Awarded UK Ministry Of Defence Funding For AI Sea Vehicles

LONDON (Alliance News) - TP Group PLC said Wednesday it has been awarded GBP900,000 in development funding from the UK Ministry of Defence, under the Defence Growth Partnership Innovation to one a

Read more
10 Oct 2018 08:11

TP Group receives development funding from the MoD

(Sharecast News) - TP Group has been awarded £900,000 in development funding from the Ministry of Defence as part of the Defence Growth Partnership Innovation Challenge.

Read more
11 Sep 2018 14:10

TP Group narrows losses in first half

(Sharecast News) - TP Group's losses narrowed across the first half of its trading year as the specialist services and engineering firm began to deliver on its growth strategy.

Read more
11 Sep 2018 09:19

TP Interim Loss Narrows As Revenue, Order Rise In Strong Year

LONDON (Alliance News) - Engineering firm TP Group PLC said Tuesday its interim loss narrowed as revenue and orders progressed in what it termed a "strong" set of results.For the

Read more
31 May 2018 16:03

UK Shareholder Meetings Calendar - Next 7 Days

Friday 1 JuneGANJPMorgan US Smaller Co IT (re right issue)Monday 4 Infrastructure Holdings (re

Read more
12345678910

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.