Tekcapital has taken another step forward in creating shareholder value from its portfolio companies with the establishment of a new subsidiary to hold Guident’s regenerative shock absorber technology.
Guident has recently confirmed their regenerative shock absorber technology proof of concept through paid testing with a Teir-1 tire company.
Spinning out the technology into a new subsidiary, ReVive Energy Solutions, will allow Guident to unlock the technology’s value in a stand-alone entity separate from their autonomous vehicle safety systems.
The move will enable Guident to focus its shock absorber technology on the electric vehicle market while continuing to develop safety systems for autonomous vehicles.
Tekcapital shares were 3% higher at the time of writing.
Regenerative shock absorbers harness natural energy generated from motion and vibration to help extended the range of electric vehicles.
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Guident ltd forms new subsidiary to commercialise regenerative shock absorbers
“In light of our recent successes in collaboration with various independent test authorities, we are thrilled to announce the integration of RSA technology into a new dedicated subsidiary named ReVive Energy Solutions, ltd,” said Harald Braun, CEO & Chairman of Guident.
“This strategic move allows us to sharpen our focus on a precision-targeted go-to-market strategy for this what we believe is a revolutionary product. Most commercially available electric vehicles have regenerative braking.
“We believe that in the near future, most commercial electric vehicles will also have regenerative shock absorbers. This could extend the range between charges and provide power to active suspension to improve ride characteristics and comfort. Our commitment to innovation and sustainability drives us forward, and we believe this marks a significant milestone in our mission to reshape the future of EV technology.”