Tekcapital (TEK)

Sector:

IT Services

Index:

FTSE AIM All-Share

9.50p
   
  • Change Today:
      1.00p
  • 52 Week High: 17.00
  • 52 Week Low: 6.00
  • Currency: UK Pounds
  • Shares Issued: 198.19m
  • Volume: 1,040,430
  • Market Cap: £18.83m

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Takcapital's Guident licenses self-driving AI patent

By Josh White

Date: Monday 30 Oct 2017

LONDON (ShareCast) - (ShareCast News) - Intellectual property investment group Tekcapital announced on Monday that its wholly-owned portfolio company Guident has exclusively licensed US Patent 9,429,943 from Florida Agricultural and Mechanical University.
The AIM-traded firm said the patent "has the potential" to enable the development of software apps for controlling autonomous vehicles such as cars, trucks and drones using artificial intelligence.

As an example, with the new technology the directors of Tekcapital said they believed that it was possible to develop apps that could allow users of autonomous vehicles to dispatch their vehicles to identify available parking spots and park themselves, and later retrieve the users of the vehicle when they were ready to go on to their next destination.

Guident was established by Tekcapital to exclusively license and commercialise new technology to enhance the utility, safety and enjoyment of autonomous vehicles and drones.

"We are excited that Guident has acquired the exclusive rights to this novel IP aimed at improving the utility of autonomous vehicles," said Tekcapital executive chairman Dr Clifford Gross.

"Their goal is to commercialize the technology, develop a family of apps and provide them to leading autonomous vehicle and drone manufacturers and their customers."

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Tekcapital Market Data

Currency UK Pounds
Share Price 9.50p
Change Today 1.00p
% Change 11.76 %
52 Week High 17.00
52 Week Low 6.00
Volume 1,040,430
Shares Issued 198.19m
Market Cap £18.83m

Tekcapital Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
12.30% above the market average12.30% above the market average12.30% above the market average12.30% above the market average12.30% above the market average
58.54% above the sector average58.54% above the sector average58.54% above the sector average58.54% above the sector average58.54% above the sector average
Price Trend
1.14% below the market average1.14% below the market average1.14% below the market average1.14% below the market average1.14% below the market average
39.33% below the sector average39.33% below the sector average39.33% below the sector average39.33% below the sector average39.33% below the sector average
Income Not Available
Growth
3.63% above the market average3.63% above the market average3.63% above the market average3.63% above the market average3.63% above the market average
1.23% above the sector average1.23% above the sector average1.23% above the sector average1.23% above the sector average1.23% above the sector average

Tekcapital Dividends

No dividends found

Trades for 31-Oct-2024

Time Volume / Share Price
16:27 50 @ 9.35p
16:11 5,347 @ 9.35p
15:37 26,005 @ 9.00p
15:32 101,000 @ 9.06p
15:32 25,000 @ 9.11p

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