Transense Technologies plc (AIM: TRT), the developer of specialist sensor systems, has secured a new development project with a tier one automotive electric propulsion systems business (the "Customer"). The Customer will work with the Company to investigate the application of the Transense SAW sensor technology in its electric motor drive or eDrive systems; measuring the output torque of its electric motor and the ability for it to be used in the control of its system. The development work will be funded by the Customer.
This new development project builds on the work carried out by the Company to understand the potential benefits of bringing motor output torque and rotor temperature into the control loop of automotive eDrive systems. The Company has separately commissioned electric motor and transmission development experts Drive System Design Limited to carry out a series of simulation studies to increase the Company's understanding of this application.
Whilst the initial scope of work under this development project is not financially material to Transense, if successful these projects could lead to SAW technology being built into series production eDrive systems, which would be a significant new application of the Company's technology.
Ryan Maughan, Business Development Director at Transense, commented: "This is the second customer-funded program applying SAW technology in electric motors that Transense has secured in the past 12 months. We are seeing a strong market pull for SAW technology in eDrive systems, with several other programs under discussion with major global OEMs and Tier one companies to deliver improved performance, functional safety and efficiency by using SAW torque and temperature sensing technology."