Make your money go further for just 25p per day

Corac Group plc (AIM:CRA) – yet another study but when will revenue arrive from all this IP?

29/06/2012 · TP Group (TPG) 

The highly rated (at least in terms of valuation!) technology-led engineering group announced yesterday that its subsidiary Corac Energy Technologies Ltd (CET) has concluded a new agreement with a global oil and gas major to conduct a funded design study.

The study will focus on the use of CET’s compact compressor technology on an offshore gas production platform and is the first project undertaken for this new client. It’s clearly encouraging but yet another study, even funded, remains some way from true commercialisation of IP.

The project sounds quite complex building upon CET’s existing compressor and power electronics technologies to define a system that meets the specific challenges of offshore platforms, which include weight, size…

Sign up and read the full article

Register to continue reading our content.

Get FREE access now

Already a member? Login


Previous article Next article

DON'T MISS OUT!

Get top investment ideas to help safeguard and grow your wealth.

Invaluable insight from the exciting world of smaller companies.

REGISTER FREE

DON'T MISS OUT ON OUR PREMIUM CONTENT

Become a champion investor for just £90 a year. Benefit from our high performing portfolios:

START FREE TRIAL

More on TP Group

Hydrogen boost for a little-known engineer

16/02/2021 · Company Insights

Shares in a previously un-remarkable engineering group covered here received a welcome boost on news that…


Corac Group plc (AIM:CRA) – yet another study but when will revenue arrive from all this IP?

29/06/2012 · Company Insights
The highly rated (at least in terms of valuation!) technology-led engineering group announced yesterday that its…

More Company Insights

AIM new arrivals and departures October 2024

08/11/2024 · GenIP · Pulsar Helium

Challenging outlooks | Reassuringly boring | Hidden value

Stonking Small Cap reports cracking results

06/11/2024 · dotDigital

Sign-up to our free email updates

SIGN UP