Guident

Guident Ltd Shows Vehicle Control Software Which Will Power its Remote Monitoring and Control Center

PRESS RELEASE

For Immediate Release

Contact: 

Harald Braun, Chairman

Guident Ltd.

marketing@guident.co

Tel: +1(888)414-4314

May 3rd, 2021, London & Boca Raton, Florida: Guident Ltd, the developer of software for autonomous vehicles (AVs) and delivery robots, announces the successful demonstration of its remote-control technology. This will be used in its first remote monitoring and control center (RMCC) for AVs, to be launched in Boca Raton, Florida.

Also known as teleoperations, the remote-control robotics software leverages a secure, low-latency connection. The RMCC’s goal is to rapidly track the location, monitor the surroundings and when necessary, take over control of AVs in the event of an accident or mishap. Guident believes this center will provide last mile delivery fleet operators with an additional level of safety, whilst complying with Florida law

The company has proudly unveiled its new capabilities via a video demonstration. Guident’s RMCC is covered by six patents and proprietary software designed to enhance the safety of autonomous deliveries. 

The Market

According to Triton Market Researchthe last mile AV delivery market autonomous vehicle market is expected to reach $41.7 billion by 2028 with a CAGR of 19%. Contactless or “touch-free” delivery is in high-demand since the COVID 19 pandemic and Guident believes this increased demand will accelerate the roll-out of land-based delivery drones for food and medicines to improve their availability and reduce the costs of these deliveries.

“We are incredibly pleased to announce the successful introduction of our secure software platform designed to power our RMCC. This system is device-agnostic, works with any 5G public mobile or private LTE network and has reduced signal latency when compared with traditional telemetric video monitoring and control systems,” says Harald Braun, Chairman & CEO of Guident Ltd. 

About Guident, Ltd. 

Guident commercializes new technology to enhance the utility and safety of autonomous vehicles and drones using its proprietary IP. To learn more please visit www.guident.co

Forward Looking Statements

This press release is for informational purposes only. The information herein does not constitute investment advice nor an offer to invest and may contain statements related to our future business and financial performance and future events or developments involving Guident that may constitute forward-looking statements. These statements may be identified by words such as “expect,” “look forward to,” “anticipate” “intend,” “plan,” “believe,” “seek,” “estimate,” “will,” “project” or words of similar meaning. We may also make forward-looking statements in other reports, in presentations, in material delivered to customers, stakeholders and in press releases. In addition, our representatives may from time to time make oral forward-looking statements. Such statements may be based on the current expectations and certain assumptions of Guident’s management. Please note that these are subject to a number of risks, uncertainties and factors, including, but not limited to those described in various disclosures. Should one or more of these risks or uncertainties materialize, or should underlying expectations not occur or assumptions prove incorrect, actual results, performance or achievements of Guident may vary materially from those described explicitly or implicitly in the relevant forward-looking statement. Guident neither intends, nor assumes any obligation, to update or revise these forward-looking statements in light of developments, which differ from those anticipated.