TP Group plc [TPG.L] Stock Forecast

TP Group plc, a technology service company, provides critical services and solutions to defense, space, and energy sector. It operates through two segments, Technology & Engineering and Consulting & Programme Services. It offers consulting services, including enterprise transformation, feasibility analysis, system engineering, and programme delivery and support; digital solutions, such as critical systems, software tools, artificial intelligence, and decision support for autonomous navigation, constellation management, collision avoidance, resource optimism, and intelligence analysis and asset management; and bespoke engineering solutions comprising life support systems in critical workspaces, hydrogen-based renewable energy solutions, water purification, and rugged electronics for harsh environments and precision engineering of integrity equipment. The company also provides air purification equipment for submarines, which includes oxygen/hydrogen generation and purification, air handling, and distribution systems; and technical project management, systems engineering, design and software development, artificial intelligence, and assurance services. In addition, it offers workforce, engineering, and IT solutions to the space and defense sectors; consultancy services, including safety and mission critical air space management, and regulation services in the defense, space, and urban air mobility markets; and high performance computer servers, and ancillary equipment for the defense and commercial sectors, as well as trading structure. The company was formerly known as Corac Group plc and changed its name to TP Group plc in June 2015. TP Group plc was incorporated in 1996 and is headquartered in Reading, the United Kingdom.