Transense Technologies (AIM:TRT), the specialist sensor systems and smart tyre management technology provider, has secured a development and supply contract with Continental to build a next-generation digital tyre management tool.
The company's Translogik division will create a bespoke version of its handheld TLGX device, adding enhanced functionality specified by Continental for a funded six-month development programme.
Production is expected to begin from the second quarter of 2027, with deployment across Continental's global service network, one of the world's leading tyre manufacturers.
Subject to completion of the development work, Transense's board expects the programme to generate annual revenues of more than £700,000 from future deployments.
The contract extends a commercial relationship between Translogik and Continental that has run for several years, and the company said the project reflects growing demand across the commercial vehicle sector for digital tyre management, driven by wider adoption of tyre pressure monitoring, increasing digitalisation of inspection processes and evolving tyre traceability regulations.
"We believe this programme represents an important commercial opportunity for Translogik and provides a strong platform for future growth", said Ryan Maughan, Managing Director of Transense Technologies.
Continental's Pascal Neumann, Product Manager, Digital Solutions, said the tyre maker looks forward to working with Translogik "to develop a solution tailored to the evolving requirements of our global service network".
News Intelligence what this means for the company
Transense has secured a funded six-month development contract with Continental to build a bespoke version of its Translogik TLGX handheld device, with production expected to begin in Q2 2027 and annual revenues projected at over £700,000 once deployed across Continental's global service network. This extends an existing commercial relationship and validates demand for digital tyre management tools in the commercial vehicle sector, where Transense has been building distribution infrastructure across Europe and North America through appointed partners.
The contract represents a material revenue stream—£700,000 annually is significant for a small-cap firm—but remains contingent on completion of development work and subject to Continental's deployment decisions. It demonstrates commercial traction for Translogik's core product line and validates the market opportunity Transense has been positioning itself to capture through recent distributor appointments.
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