Tyre inflation company Pressure Systems International in acquisition


Clarience Technologies is investing in Pressure Systems International in preparation for electric and autonomous vehicles

Tyre inflation company Pressure Systems International in acquisition
Pressure Systems International manufactures tyre pressure monitoring systems

Clarience Technologies, a US developer of vehicle and fleet management technology, has acquired Pressure Systems International (PSI), a provider of automatic tyre inflation systems for commercial truck trailers.

"As electric vehicle fleets seek to maximise range and minimise downtime, tyre rolling resistance plays an increasingly important role in determining EV range," says Clarience Technologies CEO Brian Kupchella.

"PSI is an industry innovator that expands our technology capabilities, making the company a strong, strategic fit with Clarience Technologies."

The acquisition includes PSI operations as well as the Truck System Technologies operations, both located in San Antonio, Texas. The company will operate as a distinct business unit of Clarience Technologies. Tim Musgrave, President and CEO of PSI, will continue to lead the business in his current capacity. PSI exports its tyre pressure system to countries worldwide, including Australia.

"In 1993, we imagined a better way for fleets to keep their tires at the correct tire pressure. We realised quickly we were doing more than forming a new company — we were launching a new industry," says Musgrave.

"Now, as part of Clarience Technologies, we can continue delivering future innovations to transportation."

As commercial trucking transforms due to electric and autonomous technology, the importance of tyre rolling resistance is critical to ensure optimal EV range. Not only can tyre pressure monitoring systems assist with improving tyre life and fuel consumption, they can also be part of a complete connected vehicle system that is integral in the advancement of autonomous vehicles, says Clarience Technologies. 

 

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