21st Jul 2020 17:44
(Alliance News) - TP Group PLC on Tuesday said it has secured work orders worth over EUR9.0 million, through its subsidiary company Sapienza Consulting.
The Reading-based software solutions provider said the contract is a "further series of work orders" under an extended contract with the European Space Agency, which it announced back in March.
TP Group added that this is in addition to EUR18.0 million worth of orders announced back in June.
Chief Executive Officer Phil Cartmell added: "We are very pleased to have received these work orders from ESA. It is encouraging to see business continuing during this difficult period and we remain able and available to support our partners on their long-term programmes."
Shares closed 3.3% higher at 7.44 pence each in London on Tuesday.
By Neetika Kurup; [email protected]
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