Tekcapital plc Florida Legislature Approves Autonomous Vehicles
03 Maio 2019 - 3:00AM
RNS Non-Regulatory
TIDMTEK
Tekcapital plc
03 May 2019
3 May 2019
Tekcapital Plc
("Tekcapital", the "Company" or "the Group")
Portfolio Company Update: Guident ltd.
Florida Legislature Approves the Operation of Autonomous
Vehicles
and their Control with Software Apps
Tekcapital Plc (AIM: TEK), the UK intellectual property (IP)
investment group focused on creating marketplace value from
investing in university technology, is pleased to announce an
update from its portfolio company Guident, Ltd.
On May 1(st) , 2019 the Florida Legislature unanimously passed a
bill legalizing the use of self-driving cars statewide.(1) The bill
also stipulates that Florida residents will be allowed to interact
with self-driving cars through digital smartphone apps. The bill
legalizes autonomous vehicles as well as on-demand autonomous
vehicle (AV) networks, which are services that use a software
application or other digital means to connect passengers to fully
autonomous vehicles.
Harald Braun, Guident's Chairman said, "Guident Ltd. welcomes
this visionary decision. With this bill, Florida has made a
tremendous step forward in enabling the market for Autonomous
Vehicles and their control using mobile devices. This is consistent
with the mission of Guident and its intellectual property." He
detailed further: "One of the main criteria for market success of
AV's as defined by the "Autonomous Vehicle Readiness Index,"(2) is
governments' willingness to regulate and support AV development.
Today's bill clearly shows a commitment by the state of Florida to
the AV vehicle and mobility market, and the opportunities it
provides for on-demand services."
The autonomous vehicle market is expected to reach US $65.3
billion by 2027.(3)
About Guident, Ltd.
Guident commercialises new technology to enhance the utility,
safety and enjoyment of autonomous vehicles and drones. Using its
proprietary IP, Guident is developing Apps that enable users of
AV's to dispatch their vehicles to join ridesharing fleets, find
available parking spots and charging stations, report accidents and
other useful applications. To learn more please visit
www.guident.co.
About Tekcapital plc
Tekcapital creates value from investing in new,
university-developed intellectual properties and provides a range
of IP investment services to make it easy for organisations to
commercialise university-developed technology. Tekcapital is quoted
on the AIM market of the London Stock Exchange (AIM: symbol TEK)
and is headquartered in Oxford, in the UK. For more information,
please visit www.tekcapital.com
LEI: 213800GOJTOV19FIFZ85
For further information, please contact:Tekcapital Plc Via Yellow Jersey PR
Clifford M. Gross, Ph.D.
finnCap Ltd (Nominated Adviser and Joint Broker) +44 (0) 20 7220 0500
Geoff Nash/ Max Bullen-Smith (Corporate Finance)
Camille Gochez (ECM)
Novum Securities Limited (Joint Broker) +44 (0) 20 7399 9427
Colin Rowbury (Corporate Broking)
Yellow Jersey Limited +44 (0) 20 7933 8780
Tim Thompson / Annabel Atkins tekcapital@yellowjerseypr.com
References
(1)
https://www.miaminewtimes.com/news/florida-legislature-passes-bill-legalizing-self-driving-uber-cars-11161818
(2) 2019 Autonomous Vehicles Readiness Index, KPMG
International:
https://home.kpmg/xx/en/home/insights/2019/02/2019-autonomous-vehicles-readiness-index.html
(3)
https://www.marketwatch.com/press-release/autonomous-vehicles-market-size-industry-growth-share-opportunities-emerging-technologies-competitive-landscape-future-plans-and-global-trends-by-forecast-2023-2018-07-31
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.
This information is provided by RNS, the news service of the
London Stock Exchange. RNS is approved by the Financial Conduct
Authority to act as a Primary Information Provider in the United
Kingdom. Terms and conditions relating to the use and distribution
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contact rns@lseg.com or visit www.rns.com.
END
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