Business
Portfolio Company Update - Guident
Portfolio Company Update - Guident.
About this update from Tekcapital Plc
[{"type":"text","content":"\n\n\n24 August 2023 \n \nTekcapital Plc\n(\"Tekcapital\", the \"Company\" or the \"Group\")\nPortfolio Company Update\n \nTekcapital Plc (AIM: TEK, the UK intellectual property investment group focused on transforming university technologies into valuable products that can improve people's lives, is pleased to provide a comprehensive snapshot of Guident Ltd's (\"Guident\") significant achievements over the past year. \n \nElevating Core Solution Portfolio\nRemote Monitor and Control Centre (RMCC) Enhancements\n \nGuident is upgrading its Remote Monitor and Control Centre with an enhanced user interface, resilient fault tolerance upgrades and an innovative steering wheel integration with practical features. Guident's consistent advancement aligns with monthly milestones, positioning it well for a customer acceptance test scheduled for early fall 2023 with its first major customer Jacksonville Transportation Authority (\"JTA\"), followed by its inaugural commercial deployment at the Boca Raton Innovation Campus (BRiC). This marks the transition from the proof-of-concept phase to commercial deployment.\n \nGuident's HQ will move to BRiC and deploy the RMCC with the best-in-class video wall displays and a visualization system for the RMCC dashboards. The image below shows the RMCC rendering with three Remote-Control Operator (RCO) stations. \n \n\n\n\n\n\n\n\n\n\n\n\n\n \n\n\n\n\n\n\n \n\n\n\n\n\nAI Patent for Real-time Monitor and Control\nIn June 2023, Guident achieved a milestone by receiving notice of allowance from the United States Patent and Trademark Office related to its patent for AI methods and systems that facilitate near real-time, intelligent remote monitor and control of autonomous vehicles, robots, and drones. This achievement amplifies Guident's patent portfolio, which now boasts 9 patents, reinforcing its commitment to ensuring the safety and security of autonomous operations.\n \nThe Regenerative Shock Absorber\nIn a significant leap, Guident secured a paid proof of concept agreement with a tier-1 tire manufacturer. This collaboration resulted in successful tests and detailed reports for the regenerative shock absorber. This technology aims to manufacture electromagnetic regenerative shock absorbers with high energy densities that can...