(Alliance News) - Tekcapital PLC on Tuesday said portfolio company Guident Ltd has licenced a patent application from Michigan State University.
Shares in Tekcapital were down 9.8% at 10.15 pence in afternoon trade in London.
The patent, PCT US19 14 547, is entitled "visual sensor fusion and data sharing across connected vehicles for active safety". It describes methods to enhance the safety of autonomous vehicles - those that do not need to me manually operated by a human - by allowing them to share information with other vehicles and with drones.
Clifford Gross, chair of intellectual property investor Tekcapital said: "We are delighted to see that Guident has exclusively acquired additional intellectual property rights to further enhance the adoption and utilization of AV's and drones. To enhance the safety and practicality of AV's, vehicle-to-vehicle and vehicle-to-object information sharing systems are needed.
"The forthcoming 5G networks will help make this technology a useful improvement for safe AV and drone operation by empowering AV's to 'see' not only what its sensors detect but what the sensors of all nearby vehicles are able to detect."
TekCapital (TEK)