Asian tyre maker acquires self-inflating tyre technology licence
Czech Republic-based company Coda Development s.r.o., inventor of the Self Inflating Tire (SIT), winner of the Tire Technology of the Year award at the 2009 Tire Technology Expo, has signed a commercial licence agreement with an Asian tyre maker, and says it has already generated its first revenues. Although Coda Development has not named its new industry partner, it refers to the company as a “major” tyre producer. The contract grants rights to manufacture and sell SIT technology in specific territories of Asia.