First Auxilium – GenS Sale via Siemens Partnership

Summary by AI BETAClose X

Pennant International Group plc has announced its first sale of Auxilium - GenS through its partnership with Siemens to a North American customer supporting defence, national security, and space missions. This sale, following the July 2025 agreement for Siemens to distribute Auxilium - GenS within its Teamcenter platform, is considered a significant milestone, demonstrating commercial traction and reinforcing Pennant's strategy to scale its Auxilium software through high-quality partnerships. The company views this early progress as encouraging, with substantial opportunities anticipated in North America and globally.

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Pennant International Group PLC
24 June 2026
 

REACH - non-regulatory announcement

 

PENNANT INTERNATIONAL GROUP PLC

("Pennant", the "Company" and together with its subsidiaries the "Group")

 

Pennant secures first Auxilium - GenS sale via Siemens partnership

 

Pennant International Group plc (AIM: PEN), the systems support software and training solutions company, is pleased to announce its first sale of Auxilium - GenS via its global partnership with Siemens to a North American digital engineering customer that supports defence, national security and space domain missions. This follows the agreement announced in July 2025, under which Siemens Digital Industries Software is licensed to distribute Auxilium - GenS as part of its Teamcenter platform.

 

 

Phil Walker, CEO of Pennant International Group plc, commented:

 

"This first sale of Auxilium - GenS via our global partner (although small) is a significant milestone, evidencing the commercial traction we are beginning to generate from our agreement with Siemens post the successful onboarding of Auxilium - GenS to Siemens' Teamcenter platform.

 

"Embedding our technology within Teamcenter provides us with access to a global customer base and reinforces our strategy to scale Auxilium through high-quality partnerships. We are encouraged by this early progress and see substantial opportunity to build momentum in North America and beyond."

 

 

Enquiries:

  

Pennant International Group plc

www.pennantplc.com

Phil Walker, CEO

+44 (0) 1452 714 914



Notes to editors:

Pennant International Group plc (AIM: PEN) is a technology driven, leading global provider of system support software and services, technical services, and training solutions. It supports its global customer base in the design, development, operation, maintenance, and training of complex assets, to maximise operational and maintenance efficiency.

 

Its key markets include Aerospace, Defence and Rail, and adjacent safety-critical markets such as Shipping, Nuclear and Space.

 

 The Group addresses the market through three key business segments:

 

•              Auxilium software: a key generator of recurring revenues through the provision of a suite of software tools designed to help clients: manage and use complex data; ensure equipment availability at optimal cost; and comply with industry standards.  Its Integrated Product Support (IPS) and Integrated Logistics Support (ILS) software and services equips customers with powerful market-leading toolsets to manage, model and utilise complex equipment data.

 

•              Technical Services: drives repeatable revenues through expert support for users of Pennant and third-party solutions including consultancy, support and maintenance, training and bespoke development.

 

•              Training Systems: project-based revenues relating to the design and build of hardware, software and virtual training solutions for maintainers and operators of aircraft, ships and land systems.

 

Pennant is strategically focused on sustainable recurring and repeatable revenues and profitability growth, shifting its model towards high margin software and services. Against a climate of rising defence budgets and the burgeoning technological complexity of military, aviation and rail platforms, the demand for these solutions is expected to grow substantially.

 

Headquartered in Cheltenham, UK, the Group operates worldwide, with offices in the UK, North America and Asia-Pacific, serving markets with high barriers to entry often in regulated industries.

 

 

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