Skip Header
Important information: The value of investments can go down as well as up so you may get back less than you invest. Investors should note that the views expressed may no longer be current and may have already been acted upon. This is a third-party news feed and may not reflect Fidelity’s views.

Tekcapital upbeat on progress at investee company Guident

(Sharecast News) - Tekcapital updated the market on its investee company Guident on Friday, as the latter incorporated its remote monitoring and control (RMCC) technology into the MiCa autonomous shuttle being developed by Auve Tech. The AIM-traded firm said Auve Tech was officially introducing its flagship product, the MiCa shuttle, into the US market.

It said the vehicle promised turnkey autonomous transportation solutions, designed for diverse environments, as well as seamless integration into existing transport networks.

In a collaborative effort aimed at enhancing safety features and advancing autonomous technology, Auve Tech partnered with Guident to integrate its RMCC teleoperation solution into the MiCa autonomous shuttle.

The company said the culmination of the partnership would be highlighted at the Guident Headquarters inauguration on 18 April in Boca Raton, Florida.

"Since establishing our strategic partnership, we have been thrilled to collaborate with the Auve Tech team on several projects," said Guident executive chairman and chief executive officer Harald Braun.

"We are particularly excited to achieve a significant milestone with Auve Tech's entry into the US market coupled with the integration of our advanced teleoperation technology."

At 1228 BST, shares in Tekcapital were down 0.06% at 8.24p.

Reporting by Josh White for Sharecast.com.

Share this article

Related Sharecast Articles

Germany's FTI Group files for insolvency as bookings slump
(Sharecast News) - Europe's third-largest tour operator FTI Group said it had filed for insolvency in the Munich regional court today, as it suffered from falling bookings.
Shore Capital downgrades Auto Trader to 'sell'
(Sharecast News) - Shore Capital has cut its recommendation for online car marketplace Auto Trader from 'hold' to 'sell', saying the stock's valuation is now stretched following a decent run in recent months.
Frasers appoints former FRC, HMRC CEO Jon Thompson as non-exec
(Sharecast News) - Mike Ashley's Frasers Group said on Monday that it has appointed Sir Jon Thompson, former chief executive officer of the Financial Reporting Council, as a non-executive director.
Moody's lifts 2024 China growth forecast
(Sharecast News) - Moody's lifted its 2024 growth forecast for China on Monday to 4.5% from 4% as it pointed out that first-quarter growth was boosted by trade and manufacturing activity.

Important information: This information is not a personal recommendation for any particular investment. If you are unsure about the suitability of an investment you should speak to one of Fidelity’s advisers or an authorised financial adviser of your choice. When you are thinking about investing in shares, it’s generally a good idea to consider holding them alongside other investments in a diversified portfolio of assets. Past performance is not a reliable indicator of future returns.

Award-winning online share dealing

Search, compare and select from thousands of shares.

Expert insights into investing your money

Our team of experts explore the world of share dealing.