Month: January 2022

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Malaysia Signs MoU With Saudi Arabia’s Savola Group To Enhance Palm Oil Exports

PUTRAJAYA (Malaysia), Malaysia will sign a memorandum of understanding (MoU) with Saudi Arabia’s Savola Group on three areas of cooperation to further enhance Malaysia’s palm oil exports in the region, the Ministry of Plantation Industries and Commodities (MPIC) said.

In a statement Saturday, the ministry said among the cooperation are the construction of a tank storage terminal in Jeddah, using Saudi Arabia as a re-export hub for Malaysian palm oil and a joint campaign to promote the goodness of Malaysian palm oil.

It said this was following a meeting in Jeddah between the Plantation Industries and Commodities Minister Zuraida Kamaruddin and Savola Foods board member Abdullah Rehaimi and chief sourcing officer, strategic sourcing and supply Dr Ghazi J Al-Sulaimani.

Zuraida said during the meeting, the three areas of cooperation were identified to further springboard exports of Malaysian palm oil and its derivatives to not only Saudi Arabia but also globally.

She said the construction of a tank storage terminal in Jeddah would help overcome logistic problems, demurrages and long waits for shipments.

“Dr Ghazi suggested that Malaysian exporters can keep their stocks at destination ports instead of Malaysian ports as this will also allow them to do ex-tank sales as well and cater to smaller players in the market.

“We supported the idea but stressed that Savola should get into a joint venture with Malaysian suppliers as our Malaysian companies have similar projects running in Pakistan and they are very successful,” she said.

She said the management of Savola agreed with the suggestion provided that the terms and conditions of the joint venture were fair and created a win-win situation for all parties involved.

On the cooperation of using Saudi Arabia as a re-export hub for Malaysian palm oil, Zuraida said this was because Saudi Arabia was ideally located to cater to the regional markets in the Gulf Cooperation Council (GCC) as well as North Africa region.

“It was agreed that having a palm oil hub in Saudi Arabia will not only enhance the volume of Malaysian palm oil usage in Saudi market significantly but will also enable Malaysian exporters to cater to smaller markets in the region.

“Abdullah (from Savola Foods) added that developing a ‘Food Hub’ is also in line with Saudi Vision 2030 which aims to provide food security to the entire region,” she said.

She said if the idea is realised, the export potential of Malaysian palm oil to this region could be tripled.

On the joint campaign to promote the goodness of Malaysian palm oil, Zuraida said she gave Savola management a background of the baseless anti-palm oil campaigns spearheaded by the western non-governmental organisations (NGOs), which are purely triggered by protectionist policies.

“Savola management fully agreed and added that the influence of these anti-palm oil campaigns will reach this region sooner or later and we should develop a strong positive image of palm oil and educate our consumers about its various health benefits.

“These collaborations will not only strengthen our position in the market but also suppress negative assumptions against the industry and help Malaysia maintain its spot as a global market leader in palm oil,” she said.

In 2021, Malaysia’s palm oil and palm oil product exports to Saudi Arabia amounted to RM1.71 billion (US$408.1 million), which is 30.7 per cent higher than 2020.

Source: NAM NEWS NETWORK

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MIC Global Receives ‘In-Principle’ Approval to Establish Syndicate 5183

LONDON, Jan. 28, 2022 (GLOBE NEWSWIRE) — MIC Global has received ‘in-principle’ approval from Lloyd’s for the creation of MIC Global Insurance Syndicate in a box (Syndicate) MIC 5183. MIC Global is a pioneering insurtech providing end-to-end digital micro insurance products.

The new syndicate will be managed by Asta, the leading third-party managing agent at Lloyd’s and is scheduled to underwrite business incepting on or after 1 April 2022.

Entry into the Lloyd’s market represents a significant step in MIC Global’s growth, furthering their ambition to build a global safety net and provide insurance to the millions of people and businesses who lack ready access to insurance. Through its Lloyd’s Syndicate, MIC Global further cements its position as an international leader in micro-insurance and embedded insurance solutions

MIC Global stands apart in the industry as a full-service insurance company with the global capability and technology to provide fully digital data-driven frictionless insurance.

Harry Croydon, CEO and president of MIC Global, said: “MIC is a spark for innovation and change in the industry. We envision a world where insurance is accessible to everyone, which means creating new ways of providing coverage by leveraging our technology and principles of straight-through processing. We have generated great momentum by providing embedded insurance solutions to like-minded platform businesses. Our Lloyd’s Syndicate will enable us to accelerate our plans to provide micro transactional insurance globally to as many businesses, platforms, and customers as possible.”

Jamie Crystal, executive chairman of MIC Global, said: “Insurance provides a critical safety net to support people and businesses in their time of need, yet insurance is too often inaccessible, inefficient, and cost prohibitive. We set out to build a full stack digital insurance company from the ground up to provide simple and relevant insurance for platform businesses, their customers, and their service providers. The need is global, and we are excited to leverage our technology in partnership with Lloyd’s, the preeminent global insurance platform, to provide embedded insurance solutions throughout the world.”

Julian Tighe, chief executive officer of Asta, added: “We are extremely pleased to partner with such an innovative business and are looking forward to supporting MIC Global. The SIAB model facilitates cost-effective and efficient entry to Lloyd’s and offers the flexibility required to adapt to changing business needs. Syndicate 5183’s business plan, which aims to deliver micro-insurance to a broad range of platform businesses and small and medium-sized enterprises that remain underserved by today’s market, is exactly the sort of initiative that benefits greatly from access to Lloyd’s via the SIAB framework.”

Issued on behalf of MIC Global by Rein4ce

Media contacts:

Mairi Mallon
Mairi.mallon@rein4ce.co.uk
+44 7843076533
Sarah Hills
sarah.hills@rein4ce.co.uk
+44 7718882011

About MIC Global

MIC Global is a full stack digital insurance platform that combines insurance capacity, in-country insurance licenses, world class distribution and scalable tech. MIC Global provides insurance to the millions of people and businesses that are unserved by the current insurance models.

For more information, please visit https://microinsurance.com/

About Asta:

Asta Managing Agency Ltd is the leading third-party managing agent at Lloyd’s and is responsible for twelve syndicates, one SPA and two Syndicates-in-a-Box with capacity under management in 2022 of more than £1.4bn.

Asta Underwriting Management Limited (AUML) brings the skills, experience and capabilities of the leading third-party managing agency at Lloyd’s to the MGA market. AUML currently manages four MGAs.

See https://www.asta-uk.com/our-clients/ for full details.

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Philips and University Hospital Brandenburg an der Havel sign 10-year partnership to advance patient care

January 28, 2022

  • Major German University Hospital secures long-term access to the latest health technology through renewal of diagnostic and image-guided therapy solutions
  • Philips to deliver new and upgraded hybrid operating room and interventional suites
  • Agreement includes training and education for hospital’s clinicians and medical technologists

Amsterdam, the Netherlands – Royal Philips (NYSE: PHG, AEX: PHIA), a global leader in health technology, and the University Hospital Brandenburg an der Havel (Brandenburg, Germany) have signed a 10-year strategic partnership to renew and expand the hospital’s diagnostic and therapy options through the delivery of advanced technology solutions. The approximately EUR 18 million agreement includes the supply of diagnostic imaging solutions including ultrasound, MR and mobile X-ray, as well as image-guided therapy suites and patient monitoring solutions. The long-term cooperation will provide University Hospital Brandenburg an der Havel with optimum flexibility and a needs-based approach to technology selection and financing.

“We have decided to partner with Philips in order to ensure high-quality, economical medical care for the population of our region into the future,” said Gabriele Wolter, Managing Director of University Hospital Brandenburg an der Havel. “Our joint activities will go well beyond device procurement and financing. There will be a uniform operating philosophy across devices and departments for renewal of our equipment inventory. In this way, we can speed up processes, minimize operating errors, and make its use easier throughout the clinic.”

With around 500 beds, University Hospital Brandenburg an der Havel provides specialist care both locally and nationally for around 26,000 inpatients and 48,000 ambulatory patients in 15 specialized clinics. With medical excellence, innovative therapies and interdisciplinary teams, more than 2,000 employees work toward a common goal: ensuring first-class treatment quality by linking teaching, research and patient care.

Advanced diagnostic and therapy options, together with a modern standardized equipment inventory, are an important part of the hospital’s development for the future. A significant strategic element of the agreement with Philips is enhancement of the hospital’s vascular and cardiology specialist services. This includes the upgrading of two existing interventional suites for cardiac and vascular procedures and installation of a new hybrid operating room equipped with Philips’ Image-Guided Therapy System – Azurion – for minimally-invasive interventions. Minimally invasive techniques offer significant benefits for healthcare systems and patients, including reduced patient trauma (less patient risk), shorter recovery times and hospital stays (faster patient throughput), and lower health care costs.

“The aim of our cooperation is to take a holistic approach to the design and organization of healthcare along the full treatment pathways in the hospital, with our top priorities being improving outcomes, enhancing the patient and staff experience, and reducing the cost of care,” said Heiko Borwieck, Health Systems Sales Leader, Philips Germany.

Well-trained medical and nursing staff are an important part of comprehensive patient care. Philips’ ICARUS learning academy for medical and technical staff will be integrated into the hospital’s existing training and education program as part of the cooperation. Combining digital and face-to-face teaching methods, the platform will allow the hospital’s radiology team to be trained individually or in groups, independent of their location. The aim is to meet the daily challenges of the radiology workplace through the training of all employees so that the hospital can deliver a high-quality standard of care.

For further information, please contact:

Mark Groves
Philips Global Press Office
Tel: +31 631 639 916
Email: mark.groves@philips.com

Annette Halstrick
PR Manager Health Systems
Philips GmbH DACH
Phone: +49 152 2280 0529
Email: annette.halstrick@philips.com

About Royal Philips

Royal Philips (NYSE: PHG, AEX: PHIA) is a leading health technology company focused on improving people’s health and well-being, and enabling better outcomes across the health continuum – from healthy living and prevention, to diagnosis, treatment and home care. Philips leverages advanced technology and deep clinical and consumer insights to deliver integrated solutions. Headquartered in the Netherlands, the company is a leader in diagnostic imaging, image-guided therapy, patient monitoring and health informatics, as well as in consumer health and home care. Philips generated 2021 sales of EUR 17.2 billion and employs approximately 78,000 employees with sales and services in more than 100 countries. News about Philips can be found at www.philips.com/newscenter.

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ITA Airways launches “Naming Azzurri”, a survey on social networks in collaboration with La Gazzetta dello Sport

Followers will choose the name of the Italian sports champions on the new livery of the Airbuses that will soon join the ITA Airways fleet

ITA Airways launches “Naming Azzurri”, a survey on social networksin collaboration with La Gazzetta dello Sport

ITA Airways launches “Naming Azzurri”, a survey on social networks in collaboration with La Gazzetta dello Sport. Followers will choose the name of the Italian sports champions on the new livery of the Airbuses that will soon join the ITA Airways fleet

ROME, Jan. 27, 2022 (GLOBE NEWSWIRE) — ITA Airways is launching the “Naming Azzurri” survey, an initiative that the Company is dedicating to users of the main social networks, who will be asked to vote the name of their favorite Italian sports champions. The names with the most votes will be on the new livery of the aircrafts which will be soon joining the ITA Airways fleet.

The “Naming Azzurri” initiative has been launched in collaboration with La Gazzetta dello Sport, the Italian sports news brand. La Gazzetta dello Sport will support the initiative on its Instagram and Facebook channels through a series of posts inviting followers to submit their nominations in the comments. The voting process will close around mid-February.

ITA Airways has been introducing aircrafts with the new blue livery in its fleet since 24th December 2021. These are named after the greatest Italian sportsmen of all times, who were ambassadors in the world of professionalism, determination, strength and passion, all values that have raised the Italian flag high. Two Airbus A320 named after Paolo Rossi and Fausto Coppi and one Airbus A319 dedicated to Pietro Mennea are already in ITA Airways fleet.

As other aircrafts with the blue livery will soon join the fleet, the airline is asking its followers to nominate a shortlist of champions from all sports that will determine the choice of the new names.

By answering the question: “Who made the history of Italian sport?” on the official Facebook and Instagram pages of ITA Airways and on the Instagram and Facebook profiles of La Gazzetta dello Sport, every user will be able to express a nominee, indicating the name of their favorite male or female Italian champion, among those who are no longer active in their respective disciplines, that they would like to admire on the livery of aircrafts flying in the skies over the world.

“One of the fundamental pillars of ITA Airways’ plan is to put the customer at the center of all efforts and this initiative represents a further step forward in this direction – said Giovanni Perosino, Chief Marketing Officer of ITA Airways – On 15 October 2021, when we launched our flight operations, we presented the new livery with a rendering. Today, we can see it in the skies and are given the measure of the work done. Our livery was born ‘Azzurra’ (blue), the colour of all Italian national sports teams, as there is no better ambassadors than the great Italian champions to bear witness to this in the world. The first names of the Airbuses have been decided by the company, but now the ball is in the court of our followers, who will have to nominate the Italian female and male sports champions to whom the next ITA Airways aircraft will be dedicated”. – added Perosino.

For more information:
LaPresse SpA Communication and Press Office Director
Barbara Sanicola – barbara.sanicola@lapresse.it
+39 02 26305578 M +39 333 3905243

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/8a583a4a-5bad-4a06-9ec0-5bc0de856781

The photo is also available at Newscom, www.newscom.com, and via AP PhotoExpress.

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Alphawave Welcomes Tony Chan Carusone as Chief Technology Officer

With over 20 years of research and industry experience in semiconductors, Carusone will drive the continuous innovation of the company’s leading silicon connectivity solutions enabling next generation technologies

LONDON and TORONTO, Jan. 27, 2022 (GLOBE NEWSWIRE) — Alphawave IP (LN:AWE), a global leader in high-speed connectivity for the world’s technology infrastructure, is pleased to announce Tony Chan Carusone as its Chief Technology Officer. Carusone has over 20 years of experience in both academic research, focused on integrated circuit design and communication technology, and business consulting, advising some of the largest technology companies in the world on their semiconductor technology strategy.

“Tony is the perfect fit to lead our technology strategy and accelerate product innovation as we solidify our market ​​leadership with our best-in-class connectivity solutions,” said Tony Pialis, CEO, president, and co-founder of Alphawave. “We have known each other since the early 2000s and he has been an advisor to Alphawave since 2021. He brings a tremendous amount of relevant industry experience as well as incredible academic expertise and achievements. His deep technical insight and knowledge will be critical in taking Alphawave’s solutions to the next level to continue to enable today’s – and tomorrow’s – most advanced technologies.”

Carusone has been a faculty member at the University of Toronto since completing his Ph.D. there in 2002. He’s been teaching and researching a variety of areas in integrated circuits and systems, such as chip-to-chip communication, optical transceivers, analog-to-digital conversion, and precise clock generation. Carusone has also served on the editorial boards and technical program committees of multiple leading journals and conferences on integrated circuit design, is an IEEE Fellow, and co-authored the most renowned textbooks in the field.

“Alphawave is fully aligned with my research of the last 20 years and it’s a natural fit for me to apply my expertise to solve some of the greatest challenges of semiconductors. I have known the founding team for decades and have been proud to be an advisor to the company since last year. As we need to transfer increasingly higher amounts of data in shorter amounts of time while using less power, Alphawave has created the most versatile and high-speed IP solutions that serve a wide variety of different customers and industries – and defy conventional wisdom and perceived limits of the industry,” said Tony Chan Carusone. “Alphawave is a truly visionary company with a strong leadership team. I have the unique opportunity to not only be part of building the industry’s leading connectivity solutions but also to foster a great culture of innovation that brings together top researchers and developers.”

About Alphawave IP
Faced with the exponential growth of data, Alphawave’s technology services a critical need: enabling data to travel faster, more reliably and with higher performance at lower power. Alphawave is a global leader in high-speed connectivity for the world’s technology infrastructure. Our IP solutions therefore meet the needs of global tier-one customers in data centers, compute, networking, AI, 5G, autonomous vehicles, and storage. Founded in Toronto, Canada in 2017, by an expert technical team with a proven track record in licensing semiconductor IP, our mission is to focus on the hardest-to-solve connectivity challenges. To find out more about Alphawave IP, visit: awaveip.com

Trademarks
All registered trademarks and other trademarks belong to their respective owners.

Media Contact:
Gordon Hahn
Gravitate PR for Alphawave IP
alphawave@gravitatepr.com

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Peplink Deploys a Great Start In Mexico with Qualitas Seguros

VILNIUS, Lithuania, Jan. 27, 2022 (GLOBE NEWSWIRE) — Peplink, a company that makes connectivity reliable, Connectivity Solutions (solution provider), and CTO Networks (Peplink Distributor in Mexico), have recently completed a deployment for Qualitas Seguros, a leading Insurance company in Mexico, marking the beginning of many opportunities in the country.

Qualitas is one of the top 5 insurance firms in Mexico with over 4 million customers with over 500 locations distributed across Mexico. In recent years, keeping up its existing network with new technologies while ensuring its network stays highly available has become increasingly difficult. Moreover, mixing different protocols from multiple telecom operators makes network management even harder. As a result, many of its branch networks experience slow and unstable connections.

First and foremost, Qualitas needs its branches to be reliable at all times. Working with domestic telecom operators in Mexico, CTO Networks and its reseller Connectivity Solutions deployed Peplink’s SpeedFusion technology into 140 of Qualitas’ largest branches. SpeedFusion greatly enhanced network reliability and available bandwidth by bonding a combination of fixed WAN links in each branch.

The project was a success – Peplink devices worked flawlessly without any changes to Qualitas’ existing network infrastructure while Peplink’s extensive API support was used to create a customized dashboard showing crucial network performance data to help Qualitas automate its network management. As a result, “We had excellent feedback as our failures have greatly diminished, which translates directly into a successful user experience,” said Juan Ramón Zepeda, Network Manager of Qualitas.

Reynaldo Lucio, CEO of Connectivity Solutions said, “Peplink offers a very robust solution with reliable hardware, unique SpeedFusion technology and great API support with InControl2. This allows us to develop customized reporting dashboard per customer needs, and makes it easy to deploy and manage regardless which carrier the customer is using.”

Samuel Lee Belmonte, CEO of CTO Networks added, “The Qualitas deployment illustrates the advantages of using Peplink for enterprise customers. Thanks to the support of Peplink and our telecom carrier partners, the whole channel in Mexico is expected to grow very quickly.”

Keith Chau, General Manager of Peplink said, “Besides having the technology to keep customer’s network online, Peplink can also be deployed without touching the customer’s existing network infrastructure. We look forward to working with partners like CTO Networks to unlock many more opportunities in Mexico and the Latin America region.”

About:

Peplink

CTO Networks (Distributor)

Connectivity Solutions (Reseller)

Quálitas Seguros

Peplink contact
Cassy Mak
Marketing Manager
Marketing@peplink.com
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Hitachi Energy achieves 100% fossil free electricity in own operations

The global technology and market leader in power grids has achieved the first-step target in its Sustainability 2030 plan and steps up the pace towards carbon-neutral

Zurich, Switzerland, Jan. 27, 2022 (GLOBE NEWSWIRE) — Hitachi Energy today announced that it has achieved the first-step target set out in its Sustainability 2030 plan – the use of 100% fossil-free electricity in its own operations1. The company is driving towards being carbon-neutral in its own operations by 20302, in line with its Purpose, ‘Advancing a sustainable energy future for all’.

“By achieving 100% fossil-free electricity in our own operations, we have reduced our CO2 equivalent emissions by over 50% compared to 2019,” says Claudio Facchin, CEO of Hitachi Energy. He continued, “The Net Zero challenge is global and it’s about acting now, innovating and collaborating across countries, industries and societies. Together with customers, partners, and all stakeholders, we are advancing the world’s energy system to be more sustainable, flexible and secure.”

The targeted 50% reduction achieved ahead of plan will amount to approximately 175 kilo tonnes of CO2e per year, equivalent to removing over 35,000 passenger cars off the road.

To achieve 100% fossil-free electricity in its own operations – and in support of the Hitachi Group’s carbon-neutrality goal3 – the company has pursued a number of pathways including supporting projects to generate its own fossil-free electricity, such as installing solar roof panels combined with e-meshTM digital solutions for distributed energy resources maximizing energy efficiency and minimizing CO2 emissions. In its Zhongshan factory in China, the company is generating nearly 20% of its total energy consumption from solar panels. In its first year of operation, the power generated at the factory is expected to reach 1,510 megawatt hours (MWh), contributing to the reduction in annual carbon emissions by more than 1,000 tonnes.

To achieve 100% fossil-free electricity, Hitachi Energy has also switched to green tariffs, bought Energy Attribute Certificates (EACs), and signed Power Purchase Agreements (PPAs) across its operations and facilities in 90 countries.

Looking ahead, Hitachi Energy is continuing to invest in its journey towards carbon-neutrality by further increasing energy efficiency, as well as electrifying its own operations. In Ludvika, Sweden, the company is now using 100% renewable electricity generated from hydropower and from solar panels to support its operations. Ludvika, which is one of Hitachi Energy’s largest production facilities, has gone beyond tackling its electricity supply and is now close to removing the use of all fossil fuels from the whole of its operations.

The company has a track record of implementing its own technologies in its operations to enable the integration of renewable energy. For example, in 2015 its South Africa operations installed a 750 kW rooftop photovoltaic plant and a 1 MVA/380 kWh battery-based PowerStoreTM for enhancing the use of renewables and providing a continuous supply of power.

Through its Sustainability 2030 plan and targets, the company reinforces its commitment to accelerating actions driving business in a sustainable way. Based around four pillars – Planet, People, Peace, and Partnerships – the strategy draws from the UN’s Sustainable Development Goals (SDGs), with specific focus on the following eight: 3 (Good health and well-being), 4 (Quality education), 5 (Gender equality), 6 (Clean water and sanitation), 7 (Affordable and clean energy), 12 (Responsible consumption and production), 16 (Peace, justice and strong institutions); and 17 (Partnerships for the Goals). In line with these SDGs, each pillar has corresponding targets that drive the business to contribute social, environmental, and economic value.

Notes
1. The contract for its South Korea operations (equivalent to 0.4% total electricity usage) is expected to be signed in February 2022 retrospectively through green tariffs.

2. Discover more about Hitachi Energy’s approach to Sustainability 2030 here

3. Hitachi Sustainability Report 2021

About Hitachi Energy Ltd.

Hitachi Energy is a global technology leader that is advancing a sustainable energy future for all. We serve customers in the utility, industry and infrastructure sectors with innovative solutions and services across the value chain. Together with customers and partners, we pioneer technologies and enable the digital transformation required to accelerate the energy transition towards a carbon-neutral future. We are advancing the world’s energy system to become more sustainable, flexible and secure whilst balancing social, environmental and economic value. Hitachi Energy has a proven track record and unparalleled installed base in more than 140 countries. Headquartered in Switzerland, we employ around 38,000 people in 90 countries and generate business volumes of approximately $10 billion USD.

About Hitachi, Ltd.

Hitachi, Ltd. (TSE: 6501), headquartered in Tokyo, Japan, contributes to a sustainable society with a higher quality of life by driving innovation through data and technology as the Social Innovation Business. Hitachi is focused on strengthening its contribution to the Environment, the Resilience of business and social infrastructure as well as comprehensive programs to enhance Security & Safety. Hitachi resolves the issues faced by customers and society across six domains: IT, Energy, Mobility, Industry, Smart Life and Automotive Systems through its proprietary Lumada solutions. The company’s consolidated revenues for fiscal year 2020 (ended March 31, 2021) totaled 8,729.1 billion yen ($78.6 billion), with 871 consolidated subsidiaries and approximately 350,000 employees worldwide. For more information on Hitachi, please visit the company’s website at https://www.hitachi.com.

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Rebecca Bleasdale
Hitachi Energy Ltd.
+41 78643 2613
rebecca.bleasdale@hitachienergy.com
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Teksbotics & UISEE Jointly Pilot Driverless Delivery Vehicles in Saudi Arabia

Teksbotics & UISEE jointly pilot new package delivery solutions using a self-driving vehicle at KAUST, Saudi Arabia. The project objective is to design and build a cost-effective autonomous delivery vehicle for the last mile delivery.

Teksbotics Autonomous Delivery Vehicle

Teksbotics Autonomous Delivery Vehicle

HONG KONG, Jan. 27, 2022 (GLOBE NEWSWIRE) — Driverless delivery vehicle jointly built by Teksbotics (Asia) Limited (hereinafter referred to as “Teksbotics”) and UISEE was recently launched and piloted in the community of King Abdullah University of Science and Technology, Saudi Arabia, for “Last mile” autonomous delivery service.

The driverless delivery vehicle project aims to connect with local online e-commerce in Saudi Arabia and provide affordable and convenient autonomous delivery services. Residents in the local community can interact with the delivery vehicle through mobile phone text messages and the touch screen installed on the body of the vehicle to complete the express delivery service. In the future, the autonomous delivery vehicle will be extended to other cities and places.

This vehicle is based on Teksbotics UNO autonomous delivery vehicle specially designed for the Middle East market and UISEE’s UiBox smart city autonomous driving service solution. The vehicle can accurately detect people and objects while autonomously driving on open roads, and complete the full process of delivery service, ensuring the safe delivery of packages to their destinations.

As one of the world’s leading and Hong Kong’s largest autonomous driving solution providers, and also a strategic partner of UISEE’s multiple driverless projects, Teksbotics aims to help customers automate transportation, distribution and patrolling. Teksbotics has rich experience in design, project operation and maintenance of autonomous driving solutions in the self-driving vehicle industry.

Since the Autonomous Driving Smart City Service Innovation Laboratory was established together with strategic partners in September last year, UISEE has cooperated with Teksbotics, YTO Express, ZTO Express, and SF Express to carry out a number of innovative projects within the country and abroad.

Teksbotics and UISEE jointly step into the world’s autonomous on-demand delivery industry and strive to be world leaders in autonomous application solutions and “AI Driver”, letting global customers experience the intelligence and convenience brought by the latest autonomous driving technology.

Berry Leung, Chief Executive Officer

marketing@teksbotics.com

Related Images

Image 1: Teksbotics Autonomous Delivery Vehicle

Autonomous Delivery Vehicle being piloted at KAUST, Saudi Arabia

This content was issued through the press release distribution service at Newswire.com.

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