Transense Technologies plc is a developer, manufacturer and licensor of sensor technology and equipment. It has gained significant traction through the recent licensing of its iTrack technology and the transfer of the operating business and cost base to ATMS (a Bridgestone subsidiary) in an agreement that will generate an increasing royalty revenue stream for the Company over the next ten years. As a result, Transense should become virtually self-financing. Management’s focus will now move towar ....
17 Dec 2020
Royalty stream supports longer term growth
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Royalty stream supports longer term growth
Transense Technologies PLC (TRT:LON) | 95.0 0 0.0% | Mkt Cap: 14.5m
- Published:
17 Dec 2020 -
Author:
Ian Jermin -
Pages:
28
Transense Technologies plc is a developer, manufacturer and licensor of sensor technology and equipment. It has gained significant traction through the recent licensing of its iTrack technology and the transfer of the operating business and cost base to ATMS (a Bridgestone subsidiary) in an agreement that will generate an increasing royalty revenue stream for the Company over the next ten years. As a result, Transense should become virtually self-financing. Management’s focus will now move towar ....