Transense tyre probe wins Michelin Olympic trial
Transense Technologies, which makes sensor equipment for the transport market, says Michelin will be using its probes during the London 2012 Olympics.
Transense Technologies, which makes sensor equipment for the transport market, says Michelin will be using its probes during the London 2012 Olympics.
The so called iProbe+, made by Transense's Translogik division, collects tyre pressure and temperature date and then transmits it wirelessly.
The driver or maintenance person simply walks around the vehicle receiving the information onto an electronic receiver.
Subscribe to MoneyWeek
Subscribe to MoneyWeek today and get your first six magazine issues absolutely FREE

Sign up to Money Morning
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
During the 2012 Olympics Michelin is to showcase the technology on London buses.
Graham Storey, the Chief Executive of Transense, commented: "We are delighted Michelin is using Translogik's innovative new iProbe+ tool in this very high profile safety initiative to promote its new 'communicating' tyre tracking system."
Transense shares had risen 12% by 10:58.
BS
-
Who is the richest person in the world?
The top five richest people in the world have a combined net worth of $825 billion. Who takes the crown for the richest person in the world?
By Vaishali Varu Published
-
Top 10 stocks with highest growth over past decade - from Nvidia, Microsoft to Netflix, which companies made you the most money?
We reveal the 10 global companies with the biggest returns since 2013. One firm has posted an astonishing 9,870% return, meaning a £1,000 investment would now be worth almost £82,000.
By Ruth Emery Published