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
Get the latest financial news, insights and expert analysis from our award-winning MoneyWeek team, to help you understand what really matters when it comes to your finances.
MoneyWeek is written by a team of experienced and award-winning journalists, plus expert columnists. As well as daily digital news and features, MoneyWeek also publishes a weekly magazine, covering investing and personal finance. From share tips, pensions, gold to practical investment tips - we provide a round-up to help you make money and keep it.
-
8 of the best riverside properties for sale
The best riverside properties for sale – from a Grade II-listed former mill house with views over the River Chelmer in Essex, to a townhouse on a Georgian terrace overlooking the Avon Gorge in Clifton, Bristol
-
Will “Liberation Day” strike again?
Donald Trump’s 90-day tariff pause comes to an end on 9 July. Can we expect further market turmoil?