Timeline
Pennant International
Pennant swings to profit as revenue jumps 29%
The systems support software and training group reported adjusted EBITDA of £0.5m in H1, reversing a £1.1m loss, as recurring software revenue and training contracts drove growth.
Pennant lands second Siemens-driven Auxilium defence sale
It has secured a further Auxilium software sale through its Siemens partnership, pushing annual recurring revenue to a record £2.9m.
Pennant lands shipbuilding deal, lifts recurring revenue
The software group has secured a new Auxilium software contract with a major global shipbuilder, adding around £0.2m to annual recurring revenue.
Pennant International lands first Auxilium-GenS sale through Siemens distribution deal
The AIM-listed systems support software group has completed its first commercial sale of Auxilium-GenS via Siemens Digital Industries Software, less than three months after the two companies agreed a global distribution partnership.
Pennant International wins C$35 million Canadian defence contract to support Royal Canadian Navy software suite
The eleven-year framework secures recurring revenue for Pennant's higher-margin software and services division.
Pennant launches major Auxilium update for "future‑ready foundation"
It has launched Auxilium Phase 3, a product upgrade that places its GenS, Analyzer and R4i applications on a single server and shared data environment to deliver an Integrated Product Support capability.
Pennant wins £1m contract to supply virtual air‑defence training simulator
It is a £1m order from a UK manufacturer of air defence applications for a bespoke virtual training simulator covering design, development and testing.