Tekcapital Plc (OTCMKTS:TEKCF) Stock On Radar After Recent News

The United Kingdom-based intellectual property investment firm Tekcapital Plc (OTCMKTS:TEKCF) is involved in using university-based technologies to create products that could improve the lives of people.

NOVELSAT and Guident Announces Partnership

The company is in the news today after it announced that Guident Inc, its portfolio firm, went into a partnership with Novelsat Inc for the purpose of developing ubiquitous always-on remote control and monitoring solutions for autonomous devices and vehicles. Novelsat is one of the biggest players in the content connectivity industry worldwide and it is a partnership that could well prove to be a significantly fruitful one for Guident.

The solution that the partnership is aiming to come up with would combine the virtue of space communications and smart software so as to provide maximum safety and security. The Chief Executive Officer of Novelsat Gary Drutin spoke about the latest collaboration as well.

He noted that everyone at Novelsat was excited at the prospect of partnering with Guident in this project aimed at bringing the highest levels of safety for autonomous vehicles. At this point, it may be a good move for investors to perhaps add the Tekcapital stock to their watch lists and watch for the price action in the stock.

Jon Williams

Jon graduated from the University of Michigan with a degree in finance. He is an avid investor and enjoys reporting on the markets. When he is not in front of a computer he enjoys playing golf and watching basketball.