Southfield, Michigan -- Lear Corp. and Transense Technologies plc have agreed to jointly develop new tyre pressure monitoring system (TPMS) technology.
Under the agreement, Lear will integrate its remote keyless entry (RKE) receiver technology with Transense's wireless, battery-less Surface Acoustic Wave (SAW) sensor technology.
Financial terms of the agreement were not disclosed.
"The new TPM system will provide several benefits including battery
elimination, lower weight and superior functional performance at a competitive price," Jim Perry, chief executive of UK-based Transense, said.
"By combining our leading technologies we can create an industry standard for
TPMS that improves product functionality and recyclability."
Lear said the Transense agreement will not affect its existing TPMS joint development agreement with Beru.