Portfolio Company Update - Guident Corp
Portfolio company Guident signs deal with Coastal Waste & Recycling to deploy WatchBot safety solution.
Select text to share a quote on X · sign in to keep highlights & notes in your TEK notes
Tekcapital Plc (AIM: TEK) the UK intellectual property investment group focused on creating valuable products that can improve people's lives, is pleased to announce that its portfolio company Guident Corp. ("Guident") has announced a new business engagement with Coastal Waste & Recycling Inc., a leading provider of waste and recycling services with locations throughout Florida, Georgia and South Carolina.
Under this agreement, Guident will deploy its innovative WatchBotTM solution to Coastal Waste & Recycling operations, delivering cutting-edge technology designed to validate autonomous patrols, conduct AI-driven inspections, and generate real-time safety alerts.
The WatchBotTM platform will address a variety of critical use cases at Coastal Waste & Recycling facilities, including thermal inspections, truck damage detection, PPE (personal protective equipment) compliance, tank cage checks and more. By leveraging Guident's advanced AI capabilities, Coastal Waste & Recycling expects significant improvements in operational safety, risk mitigation, and cost efficiency.
Guident's WatchBotTM conducting autonomous patrol
Chad Abell, Vice President, EHS & Engineering at Coastal Waste & Recycling said:
"At Coastal Waste & Recycling, safety is at the core of everything we do. Our partnership with Guident and the introduction of the WatchBotTM solution is a major step forward in protecting our people and assets. This technology empowers our teams with real-time insights and enables us to proactively address potential risks, ensuring the highest standard of safety across our operations.
Harald Braun, Chairman & CEO of Guident, stated:
"This partnership exemplifies the remarkable teamwork between our organizations and demonstrates our shared commitment to safety and operational excellence. By combining our expertise with Coastal's dedication to innovation, we're setting a new benchmark for technology-driven safety in the waste and recycling industry."
The collaboration between Guident and Coastal Waste & Recycling highlights the companies' mutual focus on leveraging next-generation technology to drive meaningful improvements in workplace safety, operational efficiency, and overall business performance.
About Guident
About Coastal Waste & Recycling
Headquartered in Boca Raton, Florida, Coastal Waste & Recycling is a privately owned solid waste & recycling company with over forty-three, (43) locations in Florida and Georgia, and South Carolina. Coastal's team provides residential, commercial, industrial, and municipal services to our customers in the regions we serve. Our locations provide comprehensive solid waste services that include collection operations, transfer stations, portable restroom services, along with recycling, and disposal facilities. With a commitment to a culture focused on our core values and a vision of growth, both personal growth and business growth, we have over 1,600 employees providing nearly two million services each month.
Learn more at https://www.coastalwasteinc.com. For further information or inquiries, please visit the Coastal Waste & Recycling website or contact Patti Hamilton at phamilton@coastalwasteinc.com.
Clifford M. Gross, Ph.D.
| SP Angel Corporate Finance LLP (Nominated Adviser and Broker) | +44 (0) 20 3470 0470 |
| Richard Morrison/Charlie Bouverat (Corporate Finance) | |
| Richard Parlons/Abigail Wayne (Corporate Broking) | |
| Flagstaff Strategic and Investor Communications | +44 (0) 20 7129 1474 |
Tim Thompson/Andrea Seymour/Fergus Mellon
General Risk Factors and Forward-Looking Statements
Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.