Tekcapital plc Guident to provide Autonomous Shuttle Services (2201G)
14 11월 2022 - 4:00PM
UK Regulatory
TIDMTEK
RNS Number : 2201G
Tekcapital plc
14 November 2022
14 Nov 2022
Tekcapital Plc
("Tekcapital", the "Company" or the "Group")
Portfolio Company Update
Guident selected to provide Autonomous Shuttle Services
Tekcapital Plc (AIM: TEK), (OTCQB: TEKCF), the UK intellectual
property investment group focused on transforming university
technologies into valuable products that can improve people's
lives, is pleased to announce that portfolio company Guident Ltd.
("Guident") has been selected by Boca Raton Innovation Campus
(BRiC) to provide an autonomous shuttle service for a 2.1-mile
fixed route with eleven stops within BRiC and connecting to the
Boca Raton Tri Rail station, the most frequented station in South
Florida. The service will utilize Polaris GEM e6 vehicles equipped
with autonomous vehicle capabilities integrated with GUIDENT's
Remote Monitor and Control Center (RMCC) located at BRiC. Guident's
patented software solution provides an added layer of safety for
autonomous shuttle services by delivering human in the loop
supervision to autonomous vehicle fleets.
"We are pleased to have executed a letter of intent (LOI) with
Guident to have them provide our autonomous and remotely monitored
shuttle service throughout BRiC," said Michael Perrette, General
Manager of CP Group, the owner-operator for BRiC. "Innovation and
sustainability are driving forces for our business model. We look
forward to partnering with Guident to contribute to these goals and
the use of autonomous vehicle technology in the 21(st) century."
Perrette is responsible for overseeing the operations of BRiC's 123
acres.
BRiC will upgrade its current traditional shuttle service with
electric autonomous vehicles bringing transportation innovation to
the largest single-office complex in the state of Florida. Designed
by the father of brutalism, Marcel Breuer, the campus was
originally built in 1969 for IBM's Research and Development
facility and is home to the invention of the first personal
computer and smartphone. The campus was acquired by CP Group in
2018 with the vision to bring BRiC's history into the future as an
ecosystem for innovation and a science and technology hub.
"We are delighted to have been selected to provide an autonomous
and remotely monitored shuttle service for the Boca Raton
Innovation Campus. The campus' historic past and promising future
make the perfect fit for our technology, " said Harald Braun,
Chairman & CEO of Guident Ltd.
The Market
According to Triton Market Research (") the last mile AV
autonomous vehicle delivery market is expected to reach $41.7
billion by 2028 with a CAGR of 19%. Contactless or "touch-free"
delivery is in high-demand since the COVID 19 pandemic and Guident
believes this increased demand will accelerate the roll-out of
land-based delivery drones for pedestrians, food and medicines to
improve their availability and reduce the costs of these
deliveries.
About Guident
Guident commercializes new technology to enhance the safety,
efficiency and utility of autonomous vehicles and ground-based
drones using its proprietary IP & software apps for remote
monitoring and control. To learn more please visit
www.guident.co
About BRiC
Boca Raton Innovation Campus (BRiC) is the largest single
facility office building in the State of Florida at 1.7 million
square feet. Designed by Marcel Breuer, the campus was originally
built in 1969 for IBM and is home to the invention of the first
personal computer. The campus was acquired by CP Group in 2018 with
the vision of building off BRiC's history and evolving the campus
into a science and technology hub. An ideal landing spot for
companies with large footprints, BRiC is currently home to 18
national headquarters and 19 regional offices, including Kroger,
Modernizing Medicine, Canon, and Bluegreen Vacations. To learn more
about the campus, visit http://workatbric.com .
About Tekcapital plc
Tekcapital creates value from investing in new,
university-developed discoveries that can enhance people's lives
and provides a range of technology transfer services to help
organisations evaluate and commercialise new technologies.
Tekcapital is quoted on the AIM market of the London Stock Exchange
(AIM: symbol TEK) and is headquartered in the UK. For more
information, please visit www.tekcapital.com .
LEI: 213800GOJTOV19FIFZ85
Tekcapital owns 100% of the share capital of Guident Ltd.
For further information, please contact:
Tekcapital Plc V ia Flagstaff
Clifford M. Gross, Ph.D.
SP Angel Corporate Finance LLP
(Nominated Adviser and Broker) +44 (0) 20 3470 0470
Richard Morrison/Charlie Bouverat (Corporate
Finance)
Abigail Wayne / Rob Rees (Corporate
Broking)
Flagstaff Strategic and Investor Communications +44 (0) 20 7129 1474
Tim Thompson/Andrea Seymour/Fergus Mellon
Forward Looking Statements
This press release is for informational purposes only. The
information herein does not constitute investment advice nor an
offer to invest and may contain statements related to our future
business and financial performance and future events or
developments involving Guident or Tekcapital that may constitute
forward-looking statements. These statements may be identified by
words such as "expect," "look forward to," "anticipate" "intend,"
"plan," "believe," "seek," "estimate," "will," "project" or words
of similar meaning. We may also make forward-looking statements in
other reports, in presentations, in material delivered to
customers, stakeholders and in press releases. In addition, our
representatives may from time to time make oral forward-looking
statements. Such statements may be based on the current
expectations and certain assumptions of Guident' and/or
Tekcapital's management. Please note that these are subject to a
number of risks, uncertainties and factors, including, but not
limited to those described in various disclosures. Should one or
more of these risks or uncertainties materialise, or should
underlying expectations not occur or assumptions prove incorrect,
actual results, performance or achievements of Guident or
Tekcapital may vary materially from those described explicitly or
implicitly in the relevant forward-looking statement. Neither
Guident nor Tekcapital intends, nor assumes any obligation, to
update or revise these forward-looking statements in light of
developments which differ from those anticipated.
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