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Tekcapital ( (GB:TEK) ) has issued an announcement.
Tekcapital’s portfolio company, Guident Corp., in collaboration with ADASTEC, has achieved a significant milestone by teleoperating an SAE Level-4 autonomous electric bus at Michigan State University. This marks the first instance of long-distance remote driving for a full-size automated bus in an operational transit setting, enhancing safety and reliability in autonomous vehicle operations. The partnership demonstrates a commitment to advancing safe, scalable, and cost-effective automated transportation, with Guident providing remote monitoring and assistance to address edge cases in autonomous systems.
More about Tekcapital
Tekcapital Plc is a UK-based intellectual property investment group focused on creating valuable products that can enhance people’s lives. The company is listed on the AIM market of the London Stock Exchange and invests in university-developed discoveries. Tekcapital owns approximately 70% of Guident Corp.
Average Trading Volume: 724,656
Technical Sentiment Signal: Strong Sell
Current Market Cap: £18.17M
For a thorough assessment of TEK stock, go to TipRanks’ Stock Analysis page.