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Guident Expands its Strategic Partnership

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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 share an update on Guident Ltd's ("Guident") strategic partnership with AuVe Tech OÜ ("Auve Tech").

Elevating the Capabilities of the MiCa AV Shuttle

Guident Ltd, a Tekcapital portfolio company, and a leading Autonomous Vehicle (AV) teleoperation monitoring company announced today that it will integrate its industry-leading AV remote monitoring, control, assistance, and passenger support services with the world's most compact and flexible level 4 autonomous shuttle, MiCa from Auve Tech.

Auve Tech is an Estonia-based company that specializes in the development and manufacturing of autonomous transportation systems. Auve Tech's MiCa vehicle provides turnkey, autonomous transportation with integration for diverse environments coupled with fleet management software. By working together, the groundbreaking MiCa shuttle will now incorporate Guident's teleoperation solution, further enhancing its safety and Auve Tech's leading, self-driving technology. For each vehicle outfitted with Guident's technology there will be a hardware fee and a recurring license fee.

Harald Braun, Executive Chairman and CEO at Guident Ltd, stated:

"Since establishing our strategic partnership, we have been thrilled to collaborate with the Auve Tech team on several projects. We believe that the combination of our advanced teleoperation technology with the innovative MiCa autonomous shuttle represents a significant leap forward in advancing safety, reliability, and autonomous driving capabilities across diverse weather and traffic conditions."

Johannes Mossov, Board Member at Auve Tech stated:

"We are excited to be working together with Guident, to support the safety and efficiency of our MiCa AV shuttles with their remote monitoring and control software and look forward to rapidly manufacturing and deploying them worldwide."

About AuVe Tech OÜ

Auve Tech specializes in the development and manufacturing of autonomous transportation systems. We offer a full-scope service that entails autonomous vehicles, their integration to various environments and fleet management. To learn more, please visit https://auve.tech/.

About Guident

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.

Clifford M. Gross, Ph.D.

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