Tekcapital has announced that its portfolio company Guident Corp has secured a new business agreement with Coastal Waste & Recycling Inc, a leading waste and recycling services provider operating across Florida, Georgia and South Carolina.
Today’s announcement strengthens Guident’s preparations for its NASDAQ IPO with another use case and additional customer.
The agreement will see Guident deploy its WatchBot™ solution across Coastal Waste & Recycling’s operations, providing autonomous patrols, AI-driven inspections and real-time safety alerts.
The WatchBot™ platform will handle thermal inspections, truck damage detection, PPE compliance monitoring and tank cage checks at Coastal Waste & Recycling facilities. The company expects the AI technology to deliver significant improvements in operational safety, risk mitigation and cost efficiency.
“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,” said Harald Braun, Chairman & CEO of Guident.
“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.”
Today’s Coastal Waste & Recycling deal adds to a growing list of deployments, which include a pilot autonomous shuttle service in West Palm Beach, covered by NBC News this week.
Tekcapital announced earlier this year that Guident had filed confidentially for a NASDAQ listing. Investors are eagerly awaiting further updates.