Transense Technologies plc is a provider of specialist sensing solutions and measurement systems. The Company operates through two business segments: SAWsense and Translogik. The SAWsense segment designs, supplies and licenses advanced sensor solutions based on patent protected Surface Acoustic Wave (SAW) technology to companies in aerospace, automotive, and industrial machinery (including robotics), enabling improved efficiency and performance of their products. The Translogik segment develops smart, connected commercial vehicle tire inspection equipment to many of the tire suppliers, fleet operators and service centers. Enabling accurate measurement and digital capture of safety-critical tire condition data, used to reduce operating costs, improve safety and provide audit records for regulatory compliance. In addition, the Company earns residual royalty income from Bridgestone iTrack - a tire monitoring system for off-highway vehicles that was developed by Translogik.
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