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Pin to quick picksTekCapital Share News (TEK)

Share Price Information for TekCapital (TEK)

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Share Price: 10.50
Bid: 10.00
Ask: 11.00
Change: -0.50 (-4.55%)
Spread: 1.00 (10.00%)
Open: 11.00
High: 10.90
Low: 10.50
Prev. Close: 11.00
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IN BRIEF: Tekcapital investee Guident awarded AI software patent

Wed, 14th Jun 2023 09:14

Tekcapital PLC - London-based intellectual property investment company - Says investee Guident Ltd has received notice of allowance from the US patent and trademark office for "Systems and Methods for Remote Monitoring of a Vehicle, Robot or Drone" patent application. Patent teaches architecture and methods for near real-time monitoring and controlling autonomous vehicles and delivery devices fleets. Teleoperation architecture includes in-vehicle device which predicts, detects and reports incidents to a remote monitor and control centre which can provide support such as calling emergency services or commandeering a vehicle to move it somewhere safe. Human-in-the-loop supervises AI software to enhance safety of AVs, robots and drones.

Gabriel Castaneda, Guident's vice president for AI & research, says: "We are thrilled to unveil this remarkable addition to our intellectual property portfolio. This patent not only represents our commitment to passenger safety and assistance services but also signifies a significant leap forward in efficient autonomous vehicle fleet operations."

Current stock price: 11.20 pence, up 3.7% on Wednesday morning

12-month change: down 52%

By Emma Curzon, Alliance News reporter

Comments and questions to newsroom@alliancenews.com

Copyright 2023 Alliance News Ltd. All Rights Reserved.

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