- Tekcapital said portfolio company Guident has exclusively licensed a U.S. self-driving technology patent from Florida Agricultural and Mechanical University.

The patent, referred to as # 9,429,943, has the potential to enable the development of software apps for controlling autonomous vehicles -- such as cars, trucks and drones -- using artificial intelligence.

"Their goal is to commercialize the technology, develop a family of apps and provide them to leading autonomous vehicle and drone manufacturers and their customers," Tekcapital executive chairman Clifford M. Gross said.

At 8:20am: [LON:TEK] Tekcapital share price was 0p at 30p

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