This domain is a play on "Sense" and "AV", which could signify Aviation, Audio-Visual, or Anti-Virus, among others.
The name "sensav" has only six characters and just two syllables. Two-syllable names are exceptionally rare and very prestigious. Leading companies using two syllable names include Sony, Facebook and Dropbox.
This domain was first registered in September 2016. Older domains have an advantage when ranking in search engines.