RCS - Tekcapital plc - Portfolio Company Update : Guident Ltd

TekcapitalAnnouncement

09/04/2024 07:00

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RNS Number : 7592J  Tekcapital plc  09 April 2024

9 April 2024

 

Tekcapital Plc

("Tekcapital", the "Company" or the "Group")

Portfolio Company Update: Guident, Ltd

 

Tekcapital Plc (AIM: TEK), the UK intellectual property investment group
focused on transforming university technologies into valuable products that
can improve people's lives, is pleased to announce today that Guident Ltd
entered into Strategic Partnership agreement with Star Robotics, a leading
Spanish-based company revolutionizing the robotics industry. Star Robotics
offers robotic products and services tailored for operation in real human
environments.

 

The Strategic Partnership will aim to integrate Guident's teleoperation
solution into Star Robotics' products and provide an autonomous security
surveillance solution with a human-in-the-loop capability. It also empowers
both companies to work on a combined go to market strategy and promote the
solution in North America.

 

Driven by a commitment to innovation, Star Robotics harnesses in-house
developed modular technologies across mechanics, electronics, autonomous
navigation, cloud, and artificial intelligence. Star Robotics "Watchbot" carry
out surveillance and industrial inspection tasks.  These state-of-the-art
advancements enable the company to craft bespoke solutions precisely tailored
to address the unique requirements of diverse markets.

 

 

 
 

 
Photo courtesy of Guident Ltd

 

The Strategic Partnership aims to integrate Guident's industry-leading AV
remote monitoring, control, assistance, and support services with Star
Robotics autonomous navigation, cloud, and artificial intelligence solutions.
Both companies' mission is to create collaborative, robust, and competitively
priced solutions, ensuring cost-effectiveness from inception.

 

The culmination of those efforts will be showcased at the Guident Headquarters
Inauguration event on April 18, 2024, in Boca Raton, Florida. This event will
unveil the fully integrated solution, demonstrating the seamless fusion of
Guident's Remote Monitor and Control Center (RMCC) solution with the Star
Robotics autonomous security surveillance robot.

 

Harald Braun, Executive Chairman and CEO at Guident, stated: "Since
establishing our strategic partnership, we have been delighted to collaborate
with the Star Robotics team on several projects. With their relentless focus
on pushing the boundaries of possibility, Star Robotics is poised to transform
the way industries harness the power of robotics to drive efficiency,
productivity, and success."

 

"We are thrilled to join forces with Guident, a leader in Autonomous Vehicle
(AV) teleoperation monitoring industry, to introduce a security surveillance
robot equipped with human-in-the-loop capabilities. This groundbreaking
collaboration marks a pivotal moment in advancing safety and innovation in
autonomous technology. We couldn't be more excited to pioneer this
revolutionary solution, setting a new standard for the industry." - Yamila
Feccia, Chief Commercial Officer at Star Robotics.

 

 

About Guident

Guident commercializes patented technology to enable safer autonomous vehicles
and devices by providing industry-leading AV remote monitoring, control,
assistance, and passenger support services. To learn more, please visit
www.guident.com (http://www.guident.com) .

 

About Star Robotics

Star Robotics is a surveillance and inspection robotics company focused on the
development and commercialization of ground robotic platforms. These platforms
feature autonomous navigation and artificial intelligence capabilities,
tailored for real-world operations in both indoor and outdoor environments. To
learn more, please visit www.star-robotics.com/en/.

 

About Tekcapital plc

Tekcapital creates value from investing in new, university-developed
discoveries that can enhance people's lives and provides a range of technology
transfer services to help organisations evaluate and commercialise new
technologies. Tekcapital is quoted on the AIM market of the London Stock
Exchange (AIM: symbol TEK) and is headquartered in the UK. For more
information, please visit www.tekcapital.com (http://www.tekcapital.com) .

 

 

LEI: 213800GOJTOV19FIFZ85

 

Tekcapital owns 100% of the share capital of Guident Ltd. Guident Ltd. owns
approximately 91% of Guident Corp., its US subsidiary, and 100% of Revive
Energy Solutions Ltd, its UK subsidiary.

For further information, please contact:

 Tekcapital Plc                                                                 Via Flagstaff
 Clifford M. Gross, Ph.D.

 SP Angel Corporate Finance LLP                                                 +44 (0) 20 3470 0470

 Nominated Adviser and Broker
 Richard Morrison/Charlie Bouverat (Corporate Finance)

 Abigail Wayne / Rob Rees (Corporate Broking)

 Flagstaff Strategic and Investor Communications                                +44 (0) 20 7129 1474

Tim Thompson/Andrea Seymour/Fergus Mellon

 

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 or Tekcapital 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 and/or Tekcapital'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 materialise or should underlying
expectations not occur or assumptions prove incorrect, actual results,
performance or achievements of Guident or Tekcapital may vary materially from
those described explicitly or implicitly in the relevant forward-looking
statement. Neither Guident nor Tekcapital intends, nor assumes any obligation,
to update or revise these forward-looking statements in light of developments
which differ from those anticipated.

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