(Alliance News) - Transense Technologies PLC on Tuesday said its adjusted earnings before interest, tax, depreciation, and amortisation, and revenue rose in the year ended June 30, and are in line with market forecasts. Read More
Transense Technologies PLC - Bicester, Oxfordshire-based developer of specialist sensor systems for vehicles - Agrees to extension to the field of use covered by GE Aerospace's licence for its surface acoustic wave torque sensor technology. Original licence was granted in 2016. Extension allows GE to use the technology solely for research and development, testing, evaluation, certification, and qualification purposes under the CFM International Rise programme, announced in 2021. CFM International is a fifty-fifty joint venture between GE and French aircraft and rocket engine manufacturer Safran SA. CFM Rise aims to "mature next-generation propulsion technologies such as open fan architecture." Transense says technologies "matured" through CFM Rise "will serve as the foundation for the next generation CFM engine". Read More
(Alliance News) - Transense Technologies PLC on Wednesday said it secured a new development project with an unnamed tier one automotive electric propulsion systems business. Read More
Transense Technologies PLC - Bicester, Oxfordshire-based developer of specialist sensor systems for vehicles - Says Chief Operating Officer Nick Hopkins will step down as a director immediately, and will leave the firm on April 30 after a period of garden leave. Hopkins joined in April in 2020 and oversaw the transition of the Surface Acoustic Wave from a science-led technology developer into a commercially driven business unit. Executive Chair Nigel Rogers says: "I would like to thank Nick for his commitment and professionalism in placing our SAW business segment on a great platform for future success and wish him well for the future." Read More
(Alliance News) - Transense Technologies PLC on Wednesday reported a jump in half-year profit as revenue trebled, outpacing an increase in operating and sales costs. Read More
(Alliance News) - The following stocks are the leading risers and fallers on AIM in London on Wednesday. Read More
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Thursday and not separately reported by Alliance News: Read More
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Tuesday and not separately reported by Alliance News: Read More
(Alliance News) - The following stocks are the leading risers and fallers on AIM in London on Tuesday. Read More
(Alliance News) - Transense Technologies PLC shares jumped on Tuesday as it said it has signed a memorandum of understanding with Meggitt SA to evaluate the use of its 'surface acoustic wave' technology. Read More
Transense Technologies PLC - Bicester, England-based developer of specialist sensor systems for vehicles - Says its results for the year ended June 30 are in line with market expectations, noting strong royalty and sales revenue growth. Revenue is expected to increase by almost 50% to GBP2.6 million, in line with expectations. Adjusted earnings before interest, tax, depreciation, and amoritization also expected to be in line with expectations, though the company does not specify a figure. Underlying royalty revenue is expected to increase by more than 75% against the prior year. Explains that the momentum built up in royalty income now generates sufficient net income to "comfortably cover" fixed overheads. "Optimistic" about growth prospects despite gathering economic headwinds. Read More
(Alliance News) - Developer of specialist sensor systems Transense Technologies PLC on Tuesday said it had secured a place on the Advanced Propulsion Centre's Technology Developer Accelerator Programme. Read More
Transense Technologies PLC - Bicester, England-based developer of specialist sensor systems for vehicles - Swings to a pretax profit of GBP82,000 in the six months ended December 31, from loss of GBP53,000 a year before. This was on revenue of GBP1.2 million, up 34% from GBP895,000. Credits the growth to increased royalty income and Translogik probe revenue. Read More
(Alliance News) - The following stocks are the leading risers and fallers on AIM in London on Tuesday. Read More
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