Transense Technologies Plc (LON:TRT) CEO Graham Storey talks to DirectorsTalk about the positive results published today. Graham talks us through the final results highlights, provides some further detail on the background of the GE deal, explains the strategy behind both group divisions, also explains the rationale behind a new capital structure and tells us how they are positioned for the year.
Transense Technologies Plc in Oxfordshire, UK, has developed patent-protected sensor systems and supporting technology for use in a variety of diverse high growth markets. Transense’s Surface Acoustic Wave (SAW), wireless, battery-less, sensor systems offer significant advantages over legacy wireless sensor systems. Transense is targeting the transport and mining industries, and the global torque, temperature and pressure sensing markets, via its trading divisions, Translogik and SAWSense. Transense’s shares are admitted to trading on AIM, a market operated by the London Stock Exchange. For further information please visit the website www.transense.co.uk