Transense Technologies PLC New member of Commercial Advisory Panel
21 Julio 2021 - 1:00AM
RNS Non-Regulatory
TIDMTRT
Transense Technologies PLC
21 July 2021
Reach announcement (non-regulatory)*
Transense Technologies plc
("Transense")
Ryan Maughan BEng, MSc, CEng, FIMechE, CMgr, MCMI
confirmed as an additional member of SAWCAP
Transense Technologies plc (AIM: TRT), the provider of
specialist sensor systems, is pleased to confirm Ryan Maughan as an
additional member of the Commercial Advisory Panel ("SAWCAP") for
its Surface Acoustic Wave business. SAWCAP was formed in December
2020 to provide advice and support to the Board and management in
the development of commercial strategy, sales and marketing
activities and to forge strategic alliances.
Ryan is an award-winning engineer and business leader with more
than 20 year s' experience in the High-Performance, Heavy-Duty and
Off-Highway Automotive markets. Prominent in the development of
Power Electronics, Electric Motors and Drives (PEMD) for these
demanding applications, he has successfully founded, scaled and
exited three businesses in the electric vehicle space. He is
currently CEO of eTech49 Limited, an advisory business specialising
in disruptive hardware technology in PEMD. In addition, he is
Chairman of EV North, an industry group representing the booming EV
industry in the north of England, a board member of the North East
LEP and an advisor to a number of corporations.
Ryan will help Transense to develop applications and
opportunities for SAW sensor technology to improve control, safety
and efficiency in electric motor propulsion and drive systems,
across a range of high value applications and sectors.
Nigel Rogers, Executive Chairman of Transense, said:
"We are delighted to confirm Ryan as an additional member of
SAWCAP. He brings a wealth of technical knowledge and applications
expertise which is highly relevant to the commercialisation of our
proven technology. His entrepreneurial background also provides
valuable insights into the marketing and promotion of complex
solutions and access to a wide network. We are looking forward to
working with him on a number of new initiatives."
Ryan Maughan added:
"I am delighted to be part of the Transense SAWCAP at such an
exciting time. There is significant potential for SAW technology to
provide robust and reliable torque sensing in drive systems and
electric motors to help improve control, safety and efficiency. The
technology has already proven itself as a capable torque sensing
solution in demanding applications such as aero engines and
motorsport. I am looking forward to working with the team to
transfer the technology into new applications."
For further information please visit www.transense.com or
contact:
Transense Technologies plc Via Walbrook PR
Nigel Rogers (Executive Chairman)
Melvyn Segal (CFO)
Allenby Capital (Nominated Adviser and Tel: +44 (0)20 3328
Broker) 5656
Jeremy Porter/George Payne (Corporate Finance)
Tony Quirke (Equity Sales)
Walbrook PR Tel: +44 (0)20 7933
Tom Cooper/Nick Rome/Anysia Virdi 8780
Transense@walbrookpr.com
Notes to Editors:
Transense is a developer of specialist wireless sensor systems
used to enable real-time data gathering and monitoring. Products
include the patent protected Surface Acoustic Wave (SAW) sensor
technology, used to improve equipment power, performance,
reliability and efficiency; iTrack, Transense 's Tyre Pressure
Monitoring System, licensed to Bridgestone Corporation, the world's
largest tyre producer, under a ten-year deal in June 2020; and a
range of intelligent tyre monitoring equipment under the Translogik
brand. Target sectors include automotive, aerospace, industrial,
green energy, rail and marine.
The Group's strategy is to maximise shareholder value through
the delivery of sustained revenue growth from all three principal
technologies - SAW, iTrack and Translogik probes - through
leveraging excellence in innovation, know-how in commercialising
technologies, industry partnerships and exposure to global growth
markets.
Transense is headquartered in Oxfordshire, UK, and was admitted
to trading on AIM, a market operated by the
London Stock Exchange (AIM: TRT), in 1999. www.transense.com
For further information please contact transense@walbrookpr.com
.
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