BetaFPV discontinued the LiteRadio 2 and started selling LiteRadio 2 SE Radio Transmitter. Maybe you have purchased the SE version of this LiteRadio? SE version has custom BetaFPV firmware and will not work with OpenTX Companion.

That happens to me too. And yes I do all those steps and it works as a joystick. I use it with LiftOff. When I press ‘setup’ then ‘power’ I enter firmware flashing mode (blue ring and 3 beeps). Cannot get it to enter setup mode though (no light around power button)

I have cleaned and replaced 2 pot. in my FRSKY D8 / D16 with ones from the gimbals in my Bayang version. They are not made all that great. 2 piece design that in my own opinion, needs upgrading.
before we complain too much, lets consider the price we paid.
If they replace them the price, I’m sure, will go up another $10 to $20 for all four high quality potentiometers.
I would rather give the newbies a break and replace mine myself if I cared that much.
There are issues. but they come with the price.

I bought now a bunch of better quality potentiometer for playstation controller and will exchange them … lets see, if it wont work I’ll buy another radio … maybe a RadioMaster with Hall Gimbals …

Thanks for your feedback. Yeah, those gimbal potentiometers are low grade. Don’t expect them to last long.

Try to install the special OpenTX companion (https://github.com/BETAFPV/opentx/blob/LiteRadio/companion/companion-windows-2.2.4.exe) and flashing the original firmware. This is the special and the only OpenTX version (build) made specially for this radio transmitter. Don’t try to update any other as official OpenTX does not support it.

Tank you

Seems to be the common issue with this radio.