REG - Transense Technlgy - Award of major APC-backed project with Cummins

Transense TechnologiesAnnouncement

Today 07:00

For best results when printing this announcement, please click on link below:
https://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20260313:nRSM4903Wa&default-theme=true

RNS Number : 4903W  Transense Technologies PLC  13 March 2026

This announcement contains inside information for the purposes of Article 7 of
the Market Abuse Regulation (EU) 596/2014 as it forms part of UK domestic law
by virtue of the European Union (Withdrawal) Act 2018 ("MAR"), and is
disclosed in accordance with the Company's obligations under Article 17 of
MAR.

 

Transense Technologies plc

("Transense", the "Company" or the "Group")

Award of major APC-backed project with Cummins Inc to deliver smart motor

 

Transense Technologies plc (AIM: TRT), the developer of specialist sensing
technologies, is pleased to announce that it has secured a significant new
contract as part of 'DriveSense', a project supported through the Advanced
Propulsion Centre (APC) R&D programme led by global vehicle powertrain
supplier Cummins Inc, to develop next-generation smart electric drive systems
for heavy-duty zero-emission vehicles.

The project, which is scheduled to complete in December  2026, has a total
value of £2.99 million and is part-funded by the UK Government through the
DRIVE35 Innovation Fund. Transense's element of the project is valued at
approximately £0.6 million.

DriveSense will combine Cummins' expertise in high-performance electric drive
systems with Transense's SAWsense technology, which uses Surface Acoustic Wave
(SAW) sensors to provide real-time torque and temperature data from within
electric motors. The project aims to develop and demonstrate a new generation
of electric motors and power electronics using advanced sensing and control to
deliver higher power density, improved efficiency and enhanced durability.

By integrating real-time embedded sensing with new motor and inverter
technologies, DriveSense is expected to support the development of electric
drive solutions that are more efficient, more reliable and capable of being
manufactured at scale in the UK.

Ryan Maughan, Managing Director of Transense Technologies plc, commented: "We
are pleased to be supporting Cummins on a programme that advances the
capability of electric propulsion systems. Embedding real-time sensing into
next-generation electric drives provides manufacturers with critical data to
enhance performance and reliability. This project further underlines the
important role of UK-based innovation in the transition to advanced electric
propulsion."

Ankit Patel, Director of Research and Technology at Cummins Inc, said:
"DriveSense represents a key step in Cummins' UK-engineered zero-emission
propulsion development. In partnership with Transense, we are embedding
advanced sensing within electrified drivetrains to enhance efficiency,
durability and performance. Supported by the APC and Innovate UK, this
collaboration accelerates the commercialisation of intelligent, sustainable
propulsion and reinforces the UK's leadership in clean mobility."

 

 

 

 

For further information please visit www.transense.com or contact:

 

 Transense Technologies plc                                       Via Investor Relations

 Nigel Rogers (Executive Chairman)                                (see below)

 Ryan Maughan (Managing Director)

 Melvyn Segal (Chief Financial Officer)
 Cavendish Capital Market Limited (Nominated Adviser and Broker)  0207 220 0500

 Adrian Hadden / Callum Davidson (Corporate Finance)

 Jasper Berry (Sales)
 Investor Relations                                               Tel: +44 (0)1869 238380

 Anice McNamee                                                     investor.relations@transense.co.uk

 

About Transense Technologies plc

Transense develops advanced sensing and measurement technologies for
aerospace, industrial and automotive applications. Its SAWsense® division
delivers torque, force and temperature measurement solutions using proprietary
Surface Acoustic Wave technology, while its Translogik division provides
connected tyre inspection systems for fleets, tyre manufacturers and service
providers. Transense is headquartered in Oxfordshire and listed on AIM (AIM:
TRT). Further information can be found at the Company's website.

About Cummins Inc.

Cummins Inc., a global power leader, is committed to powering a more
prosperous world. Our five business segments-Engine, Components, Distribution,
Power Systems and Accelera™ by Cummins-offer a broad portfolio, including
advanced diesel, alternative fuel, electric and hybrid powertrains; integrated
power generation systems; critical components such as aftertreatment,
turbochargers, fuel systems, controls, transmissions, axles and brakes; and
zero-emissions technologies like battery and electric powertrain systems and
electrolyzers.

Headquartered in Columbus, Indiana, Cummins employs approximately 70,000
people worldwide. In the UK, Cummins has several technical and manufacturing
facilities that employ around 5,500 people across 16 locations. See how
Cummins is powering a world that's always ON by accessing news releases and
more information at https://www.cummins.com/ (https://www.cummins.com/) .

 

 

 

 

Notes to Editors:

Transense is headquartered in Oxfordshire, UK and its shares are traded on
AIM, a market operated by the London Stock Exchange (AIM: TRT). The Company
develops and supplies advanced sensor technology and measurement solutions
used by some of the world's leading companies to improve performance,
efficiency, and safety in demanding, mission critical applications. Transense
currently operates through two active business segments:

SAWsense - designs, supplies and licences advanced sensor solutions based
on proven, patent protected Surface Acoustic Wave (SAW) technology to world
leading companies in aerospace, automotive, and industrial machinery
(including robotics), enabling improved efficiency and performance of their
products. Key customers include GE Aerospace, Airbus, Motion Applied
(formerly McLaren Applied), and several other confidential OEM's and Tier One
automotive, aerospace and industrial machinery suppliers.

Translogik - develops smart, connected commercial vehicle tyre inspection
equipment to many of the world's leading tyre suppliers, fleet operators and
service centres. Enabling accurate measurement and digital capture of
safety-critical tyre condition data, used to reduce operating costs, improve
safety and provide audit records for regulatory compliance. Key customers
include Bridgestone, Goodyear, Continental and Prometeon (Pirelli), leading
independent providers of vehicle fleet maintenance management software, and a
growing list of international territory distribution partners.

In addition, Transense earns residual royalty income from Bridgestone iTrack -
a tyre monitoring system for off-highway vehicles that was developed by
Translogik. The associated sales, support and development infrastructure were
sold to Bridgestone Corporation, the world's largest tyre producer, in June
2020, and the intellectual property was licensed exclusively to Bridgestone
under a ten-year deal expiring in 2030.

 

Find out more at: https://www.transense.com/ (https://www.transense.com/)

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact
rns@lseg.com (mailto:rns@lseg.com)
 or visit
www.rns.com (http://www.rns.com/)
.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our
Privacy Policy (https://www.lseg.com/privacy-and-cookie-policy)
.   END  CNTFFFFIVTIFLIR



            Copyright 2019 Regulatory News Service, all rights reserved