Pennant International Group (AIM:PEN), the systems support software and training solutions provider, has secured a further Auxilium software sale to a major US defence end user through its Siemens Digital Industries Software channel partnership.
The deal follows the first Siemens-generated Auxilium order earlier this year, marking a second commercial win for the tie-up.
Annual recurring revenue from Auxilium has climbed to approximately £2.9 million, up from £2.4 million at the end of FY2025, a new high for the group.
The growth reflects both new customer wins and expansion within Pennant's existing customer base.
"Achieving a second channel-driven win with a major US defence customer provides further validation of both our product offering and our go-to-market strategy," said Phil Walker, CEO of Pennant International Group.
News Intelligence what this means for the company
Pennant has secured its second Auxilium software sale to a US defence customer via Siemens, with annual recurring revenue from Auxilium climbing to £2.9m, up from £2.4m at end of FY2025. The deal validates the Siemens channel partnership as a repeatable go-to-market route for the software suite, following earlier in the year.
The second Siemens-driven win suggests the channel partnership is generating recurring commercial traction rather than a one-off order, supporting Pennant's path toward the £3m+ Auxilium ARR target cited for FY2026 end. However, the story discloses no contract value or incremental ARR contribution, leaving visibility on the deal's financial scale limited.
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