Guident21 Feb 2024 12:40
On the shock absorbers:
"Progress is underway with multiple car manufacturers, to assess the manufacturability, cost, and the best approach to rapidly bring the technology to the world market."
This sounds quite an advanced stage to me. The market could be downplaying the shock absorbers too much. When/if they come to fruition the orders could be sizeable and come in quickly from "multiple car makers"
On Guident itself:
"Guident is making significant strides in expanding its sales pipeline, marked by a recent transition from a direct sales model to a value-added reseller approach. This strategic shift has accelerated sales traction through collaborations with our global partners.
Guident is pleased to report a notable uptick in Requests for Proposals (RFPs), demonstrating heightened interest in their teleoperation services. Guident's interactions with their initial customer, the Jacksonville Transportation Authority (JTA), remain ongoing, and the Company is actively engaged in multiple additional upcoming projects."
What stands out here is the strategic shift, and the increased pipeline owing to this additional sales channel.
It appears that the RMCC service is also seeing progress - "a notable uptick in Requests for Proposals (RFPs)" and "and the Company is actively engaged in multiple additional upcoming projects." and so i expect another big customer to be added to the Jacksonville Transportation Authority fairly quickly.
The way i read it, Guident seems to be at a similar level of development as Microsalt. Maybe slightly behind and deserves some publicity (Microsalt only really got a lot of talk after the IPO)...