SAWsense - the GROWTH DRIVER2 Sep 2015 11:53
SAWSense
Progress continues in partnership with one of the largest European industrial electronic system manufacturers on a SAW application as part of a condition monitoring system. The project has been underway for two years developing prototypes with SAWSense providing paid engineering support. The customer has started the industrialisation process with production expected to follow in the first half of calendar 2016. The customer has a global interest in SAW technology for multiple applications.
In addition, SAWSense progress continues on a major torque related project with one of the world's largest industrial companies. This company has the in-house capability to develop, build and deploy SAWSense torque sensing solutions in multiple applications across a host of industrial sectors with a mixture of both medium and longer term timescales for development and implementation. As the client is both the developer of the applications, as well as the end-user, this represents an excellent opportunity.
The existing automotive flexplate projects continue to progress, and there has recently been early stage interest from a new Japanese automotive customer in driveline torque sensor technology.
The torque sensor developed in the FP7 wind turbine project, is now attracting early stage interest in other applications with large diameter shafts and early stage discussions with a Marine engine company are expanding the potential opportunities for the technology.
We have recently received initial EU funding (Horizon 2020) to assess the feasibility of torque sensors for tidal power generation.
Work continues on a diverse range of applications of Transense's SAW technology for measuring torque (electric power assisted steering and driveline), temperature and pressure with new companies. This entails different periods of paid engineering support and application development work and the Board is hopeful that in a number of cases this will lead in the medium term to industrialisation with the consequential grant of intellectual property licences by the Company, subject to the satisfactory conclusion of commercial discussions in each case.
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