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
Sign up for MoneyWeek's newsletters
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.
-
Lloyds axes foreign currency fees for Club Lloyds customers
Club Lloyds customers will be able to withdraw their money abroad without incurring any extra fees
By Daniel Hilton Published
-
How to invest during stagflation
Trump’s tariffs look poised to push the global economy into a period of stagflation. We look at how to ensure your investments can survive a global slowdown.
By Dan McEvoy Published