Tekmar Group plc (AIM: TGP), a leading provider of offshore energy protection systems and services, has secured a contract worth more than £4 million to supply its 10th Generation Cable Protection Systems (CPS) and related equipment for a major European offshore wind farm.

The award comes from an established customer. Tekmar will use its in-house engineering expertise to deliver a tailored solution for the project. Delivery is scheduled for FY27, with revenue expected to be recognised across FY26 and FY27.

The contract further strengthens Tekmar’s position in offshore wind. The company has supplied more than 12,000 protection systems, safeguarding over two thirds of the world’s installed offshore wind capacity.

Phil Lanigan, CFO of Tekmar Group plc, commented:

“This contract reflects continued delivery against Project Aurora, adding further depth to our record order book and enhancing visibility into FY27. Since 1st July 2025, Tekmar has secured £43m of order intake, including in excess of £15 million scheduled for execution beyond 30 September 2026. This represents a step change in orderbook strength and early visibility from historical levels.”

Richard Turner, CEO of Tekmar Group plc, added:

“We are delighted to support our customer on this project, which represents another landmark European offshore wind development utilising Tekmar’s differentiated CPS technology.

We are encouraged by recent newsflow which evidences the long-term growth opportunity in this maturing market. The increased European intergovernmental collaboration announced with the Hamburg Declaration supports the acceleration of offshore wind deployment with interconnected cross-border assets increasing energy security and certainty of supply.

This announcement comes after the UK delivered a record-breaking offshore wind auction in January 2026, securing 8.4 GW of additional offshore wind capacity. These key industry milestones enhance our market visibility and align directly with our Project Aurora growth strategy.”