LONDON: Following a strategic review of the Group’s engineering capabilities in relation to its wider strategy, the Board of TP Group has agreed to sell its Manchester-based subsidiary TPG Engineering Ltd. to Rcapital. The Board believes that the sale will maximise shareholder value by allowing TP Group to focus on its strategy to deliver high-technology…
LONDON: TP Group, , the provider of mission-critical solutions for a more secure world, confirmed that its subsidiary Sapienza Consulting has received a series of work orders under its framework contract with the European Space Agency (ESA), the extension of which was announced on 24 March 2020. The work orders, worth approximately €18 million, cover…
LONDON: TP Group provided an update on its development programme to build modular gas production equipment announced 16 April 2020. TP Group engineers at the Portsmouth technology centre have completed the first phase of the project by commissioning a single modular system that produced both oxygen and hydrogen at ultra-high purity levels. Under trial conditions,…
LONDON: TP Group has been awarded a contract worth approximately £1.7million by its German partner, Roda Computer GmbH, for the provision of a suite of bespoke military rugged computer servers and display units. The systems will be used for deployed military applications by a European defence force. The equipment will be produced by the TP…