It's more simple than that , to ensure high levels of safety
RMCC is putting a human in the loop without the physical element on board.
Now on twitter
https://twitter.com/tekcapital/status/1719362959523172716?t=r1jEBsr1nbiXuso56B9Yng&s=19
From GUIDENT marketing newsletter this morning:
We are delighted to share significant milestones in our journey with you.
It is with great enthusiasm that we announce our Strategic Partnership Agreement (SPA) with ADASTEC, signed in Brussels, Belgium, in October. ADASTEC Corp., headquartered in Michigan, USA, boasts a strong R&D presence in Istanbul, Turkey. Additionally, they have offices in Brabant, the Netherlands, and Stockholm, Sweden. This pioneering software company is dedicated to propelling the realm of automated and connected public transportation forward.
Leveraging its SAE Level-4 Automated Driving Software Platform, flowride.ai, ADASTEC collaborates with bus OEMs globally. The integration of flowride.ai enables buses manufactured by KARSAN and Vicinity Motor Corp. to achieve SAE Level-4 automated bus operations. By combining flowride.ai with Guident's teleoperation solution, we are collectively spearheading the next phase of public transportation, adapting to the emerging needs of mobility services.
Our philosophy and commitment to deploying the safest and most efficient automated public transportation is in perfect alignment with ADASTEC, and our Remote Monitor and Control Center (RMCC) solution will see its first integration in ADASTEC's automated buses likely in Q4 2023.
The whole process is not finalised until the IPO is done.
However, people who have subscribed via Primary Bid are allowed to pull their money out due to the delay.
I've subscribed for an amount of money's worth and waiting for a company update before I decide.
Nothing has changed, yet, for me.
The comment about TEKs diluted stake
What this does is allow Microsalt to stand on its own two feet. No longer needing TEKs monetary support.
Will be very interesting o hear final amounts raised amd participants etc