TekCapital Share News (TEK)

(Sharecast News) - Intellectual property investment company Tekcapital announced on Tuesday that its portfolio company Guident had exclusively licensed patent application 'PCT US19 14 547', entitled,'visual sensor fusion and data sharing across connected vehicles for active safety',from Michigan State University.The AIM-traded firm explained that the "important" patent application describes methods for enhancing the safety of autonomous vehicles, by enabling them to share information with other autonomous vehicles and drones, regarding objects detected by their sensors.That proprietary method could improve safety by providing a more robust, real-time system for detecting pedestrians, traffic conditions and potential hazards, Tekcapital explained."We are pleased to announce that Guident has acquired the exclusive license to PCT US19 14 547," said Guident chairman Harald Braun."This patent application leverages the forthcoming 5G network for acquiring and sharing vehicle-to-vehicle and vehicle-to-object information to improve safety and reduce the likelihood of AV and drone accidents."