Highlights

  • RC Fornax secures a new UK public sector space client through a competitive tender process.
  • Initial contract valued at approximately GBP 370,000 with opportunities for recurring revenue.
  • Leads a consortium of UK and European SMEs, retaining full ownership of all developed IP.

RC Fornax (LSE:RCFX), a UK-based consultancy delivering outcome-based engineering solutions to defence platforms, has secured a UK public sector space client following a competitive tender process. The initial engagement is valued at around GBP 370,000 over a six-month period and represents the Company’s first success on a major UK public sector framework.

Consortium Leadership and Collaboration
Under the agreement, RC Fornax will act as lead contractor and integrator for a consortium comprising four specialist SMEs and academic partners from the UK and Europe. The collaboration positions RC Fornax as an SME integrator, enabling coordination of specialised expertise across multiple organisations.

Framework Structure and Revenue Potential
The framework agreement provides opportunities for follow-on phases, expanded project scope, and recurring revenue streams. RC Fornax retains full ownership of all Intellectual Property (IP) developed, creating potential for commercial deployment, licensing, or expansion of solutions beyond the initial contract.

Impact on Public Sector Participation
The project establishes links with academic institutions and SMEs across Europe and contributes to the development of early-career engineering talent. It also reinforces RC Fornax’s participation in UK public sector frameworks and highlights the Company’s technical capabilities in outcome-based engineering solutions.

Future Opportunities Through IP Ownership
Ownership of IP allows RC Fornax to extend the use of solutions beyond the immediate engagement, offering potential for additional commercial opportunities. The framework structure and consortium model provide a foundation for potential follow-on projects and recurring engagements within the public sector.

Positioning within Defence and Space Sectors
The contract enhances RC Fornax’s engagement across the UK defence sector and related sectors, including space, by establishing a track record of delivering engineering solutions through collaborative partnerships.

Share Price Snapshot

RCFX was trading at GBX 5.80 per share as of 25 November 2025.