Transense Technology (AIM: TRT) – still delivering on its positive outlook
Based in Oxfordshire, Transense develops and markets patent-protected sensor systems for measuring torque, temperature and pressure, wirelessly and without the need for batteries, using Surface Acoustic Wave (SAW) technology.
Transense is developing the technology in conjunction with partners including McLaren Electronic Systems and General Motors, as well as via two wholly owned divisions, IntelliSAW and Translogik, targeting the high growth global electrical Smart Grid applications market and the transport industry respectively.
In March we reported following their interim results announcement, which indicated that the Group had had a difficult year in 2014. However Transense followed up their rather gloomy financial announcement with news…
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