Tekmar Group PLC
17 August 2026
17th August 2026
Tekmar Group plc
("Tekmar", the "Company" or the "Group")
Award of c.€1m Concrete Protection Contract in Offshore Wind
Tekmar Group plc (AIM: TGP), a leading provider of asset protection technology and offshore energy services, is pleased to announce it has been awarded a c.€1 million contract with a leading submarine cable contractor, for concrete protection solutions as part of the development of a major European offshore windfarm project.
This contract is the first order of a concrete protection solution from an existing customer and represents an extension of that relationship. Delivery is scheduled within calendar year 2026.
The award represents an important milestone for Tekmar, strengthening its position in the European offshore wind market, while demonstrating continued momentum in its concrete solutions offering. It also reflects the development of the company under Project Aurora, allowing customers to take better advantage of its asset protection and offshore energy services offer under one integrated platform.
Under the contract, Tekmar will design and manufacture concrete protection and stabilisation solutions to safeguard cables across the windfarm. These cables represent a critical part of a windfarms infrastructure, with disruption resulting in costly shutdowns and interruption to power and revenue generation.
Richard Turner, Chief Executive Officer of Tekmar Group plc, commented:
"Securing this contract marks another positive step in the delivery of our growth strategy. It reflects the ongoing success of the changes taking place within Tekmar, under Project Aurora, which has delivered a record level of backlog to date, driving additional throughput and operational efficiencies across the Company's existing capacity.
"It is also a demonstration of the Company's market-leading position in Asset Protection Technology, the strength of the relationships we have with customers and the progress we are making in broadening our offer to customers across the global offshore wind and oil and gas markets, with the aim of our concrete solutions offer mirroring the success of our wider cable protection technology business."
Enquiries:
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Tekmar Group plc Phil Lanigan, CFO |
c/o +44 (0)20 4582 3500 |
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Cavendish Capital Markets Limited (Nomad and Broker) Neil McDonald Pearl Kellie |
+44 (0)131 220 9771 +44 (0)131 220 9775 |
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Celicourt Communications (Financial Media & Investor Relations) Philip Dennis Sophie Brand Kristina Qevani |
+44 (0)20 7770 6424 |
About Tekmar Group plc
Tekmar Group plc is a leading provider of asset protection technology and offshore energy services, supporting the global energy transition and marine infrastructure markets.
Operating across two core divisions - Asset Protection Technology and Offshore Energy Services - the Group delivers proprietary, engineering-led solutions that protect, stabilise and extend the life of critical offshore assets, including offshore wind farms, subsea interconnectors, oil and gas infrastructure, and ports and harbours.
With 40 years of experience, Tekmar has delivered asset protection and stabilisation solutions to more than 120 offshore wind projects across 25 countries, supporting over 50GW of installed capacity globally. The Group has deployed over 12,000 cable protection systems, supplied more than 100,000 subsea stabilisation products, and delivered in excess of 300,000 geotechnical and analysis hours, underpinned by a team of specialist engineers across multiple disciplines.
Through continuous innovation and scalable engineering and manufacturing capability, Tekmar supports increasingly complex offshore energy and marine infrastructure developments worldwide.
Headquartered in Newton Aycliffe, UK, Tekmar Group operates internationally with offices, manufacturing facilities, strategic supply partnerships and representation across Europe, Africa, the Middle East, Asia- Pacific and North America.
For more information visit: www.tekmargroup.com
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