Tekcapital (TEK)

Sector:

IT Services

Index:

FTSE AIM All-Share

9.25p
   
  • Change Today:
      0.60p
  • 52 Week High: 17.00
  • 52 Week Low: 6.25
  • Currency: UK Pounds
  • Shares Issued: 198.19m
  • Volume: 809,630
  • Market Cap: £18.33m

Tekcapital's Guident gets autonomous vehicle sensor patent

By Josh White

Date: Tuesday 25 Jun 2019

LONDON (ShareCast) - (Sharecast News) - Intellectual property investment company Tekcapital announced on Tuesday that its portfolio company Guident had exclusively licensed patent application 'PCT US19 14 547', entitled,'visual sensor fusion and data sharing across connected vehicles for active safety',from Michigan State University.
The AIM-traded firm explained that the "important" patent application describes methods for enhancing the safety of autonomous vehicles, by enabling them to share information with other autonomous vehicles and drones, regarding objects detected by their sensors.

That proprietary method could improve safety by providing a more robust, real-time system for detecting pedestrians, traffic conditions and potential hazards, Tekcapital explained.

"We are pleased to announce that Guident has acquired the exclusive license to PCT US19 14 547," said Guident chairman Harald Braun.

"This patent application leverages the forthcoming 5G network for acquiring and sharing vehicle-to-vehicle and vehicle-to-object information to improve safety and reduce the likelihood of AV and drone accidents."

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Tekcapital Market Data

Currency UK Pounds
Share Price 9.25p
Change Today 0.60p
% Change 6.94 %
52 Week High 17.00
52 Week Low 6.25
Volume 809,630
Shares Issued 198.19m
Market Cap £18.33m

Tekcapital Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
23.17% above the market average23.17% above the market average23.17% above the market average23.17% above the market average23.17% above the market average
53.09% above the sector average53.09% above the sector average53.09% above the sector average53.09% above the sector average53.09% above the sector average
Price Trend
56.18% below the market average56.18% below the market average56.18% below the market average56.18% below the market average56.18% below the market average
60.44% below the sector average60.44% below the sector average60.44% below the sector average60.44% below the sector average60.44% below the sector average
Income Not Available
Growth
17.12% below the market average17.12% below the market average17.12% below the market average17.12% below the market average17.12% below the market average
27.06% below the sector average27.06% below the sector average27.06% below the sector average27.06% below the sector average27.06% below the sector average

Tekcapital Dividends

No dividends found

Trades for 16-May-2024

Time Volume / Share Price
16:29 20,000 @ 9.43p
16:27 105 @ 9.48p
16:22 15,811 @ 9.43p
16:18 2,651 @ 9.43p
16:17 2,608 @ 9.43p

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