24th Jul 2025 07:00
24 July 2025
Tekcapital plc
("Tekcapital" or the "Company")
Guident and Coastal Waste & Recycling Inc. Sign Deal
for Next-Generation Safety with WatchBotTM Solution
Tekcapital Plc (AIM: TEK) the UK intellectual property investment group focused on creating valuable products that can improve people's lives, is pleased to announce that its portfolio company Guident Corp. ("Guident") has announced a new business engagement with Coastal Waste & Recycling Inc., a leading provider of waste and recycling services with locations throughout Florida, Georgia and South Carolina.
Under this agreement, Guident will deploy its innovative WatchBotTM solution to Coastal Waste & Recycling operations, delivering cutting-edge technology designed to validate autonomous patrols, conduct AI-driven inspections, and generate real-time safety alerts.
The WatchBotTM platform will address a variety of critical use cases at Coastal Waste & Recycling facilities, including thermal inspections, truck damage detection, PPE (personal protective equipment) compliance, tank cage checks and more. By leveraging Guident's advanced AI capabilities, Coastal Waste & Recycling expects significant improvements in operational safety, risk mitigation, and cost efficiency.
Guident's WatchBotTM conducting autonomous patrol
Chad Abell, Vice President, EHS & Engineering at Coastal Waste & Recycling said:
"At Coastal Waste & Recycling, safety is at the core of everything we do. Our partnership with Guident and the introduction of the WatchBotTM solution is a major step forward in protecting our people and assets. This technology empowers our teams with real-time insights and enables us to proactively address potential risks, ensuring the highest standard of safety across our operations.
Harald Braun, Chairman & CEO of Guident, stated:
"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."
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.
About Guident
Guident commercializes patented technology to enable safer autonomous vehicles and devices by providing industry-leading AV remote monitoring, control, assistance, and passenger support services. To learn more, please visit https://guident.com/.
About Coastal Waste & Recycling
Headquartered in Boca Raton, Florida, Coastal Waste & Recycling is a privately owned solid waste & recycling company with over forty-three, (43) locations in Florida and Georgia, and South Carolina. Coastal's team provides residential, commercial, industrial, and municipal services to our customers in the regions we serve. Our locations provide comprehensive solid waste services that include collection operations, transfer stations, portable restroom services, along with recycling, and disposal facilities. With a commitment to a culture focused on our core values and a vision of growth, both personal growth and business growth, we have over 1,600 employees providing nearly two million services each month.
Learn more at https://www.coastalwasteinc.com. For further information or inquiries, please visit the Coastal Waste & Recycling website or contact Patti Hamilton at [email protected].
About Tekcapital plc
Tekcapital creates value from investing in new, university-developed discoveries that can enhance people's lives. Tekcapital is quoted on the AIM market of the London Stock Exchange (AIM: symbol TEK) and is headquartered in the UK. For more information, please visit www.tekcapital.com.
Tekcapital owns approximately 70% of Guident Corp.
LEI: 213800GOJTOV19FIFZ85
For further information, please contact:
Tekcapital Plc | Via Flagstaff | |
Clifford M. Gross, Ph.D. | ||
SP Angel Corporate Finance LLP (Nominated Adviser and Broker) | +44 (0) 20 3470 0470 | |
Richard Morrison/Charlie Bouverat (Corporate Finance) | ||
Richard Parlons/Abigail Wayne (Corporate Broking) | ||
Flagstaff Strategic and Investor Communications |
| +44 (0) 20 7129 1474 |
Tim Thompson/Andrea Seymour/Fergus Mellon |
|
General Risk Factors and Forward-Looking Statements
All statements of opinion and/or belief contained in this Press Release and all views expressed represent the directors' own current assessment and interpretation of information available to them as at the date of this Press Release. In addition, this Press Release contains certain "forward-looking statements", including but not limited to, the statements regarding the Company's patent portfolio and our anticipated uses of our granted patents. Forward-looking statements express, as at the date of this Press Release, the Company's plans, estimates, valuations, forecasts, projections, opinions, expectations or beliefs as to future events, results or performance. Forward-looking statements involve a number of risks and uncertainties, many of which are beyond the Company's control, and there can be no assurance that such statements will prove to be accurate. No assurance is given that such forward looking statements or views are correct or that the objectives of the Company will be achieved. Further, the Company does not undertake any obligation to update any forward-looking statement or other information that is contained in this Press Release.
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