Tekmar Group PLC (AIM:TGP) shares rose in Wednesday morning's trade after it signed an exclusive framework agreement with Jan De Nul, for the supply of its 10th Generation Cable Protection System for offshore wind projects in Germany.
The first two projects have been awarded under the agreement, and, work has already begun on the initial project, with deliveries expected in FY2027 and FY2028, respectively.
"This new framework agreement demonstrates the confidence placed in Tekmar's engineering expertise and delivery capability," said chief executive Richard Turner.
In London, Tekmar shares were up just over 6% changing hands at 6.5p.