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Four DRobotics(R) Corp has signed a Memorandum of Understanding with DRIVETECH Co., Ltd.



Four DRobotics Corp.

OTTAWA, Ontario – TheNewswire - April 8th, 2024 – Four DRobotics Corp has signed a Memorandum of Understanding (MOU) with DRIVETECH Co., Ltd., a company based in the Republic of Korea.

The purpose of this MOU is to establish a platform for effective cooperation and understanding between the Parties and to develop areas of mutual interest, including the manufacture, sale and distribution of ground vehicles that are operated individually or collaboratively by way of: remote control, tele-operation for fully autonomous modes of operation.

“DRIVETECH has been looking for a technology-based company that can deliver a software solution for the management and deployment of a team of uncrewed ground vehicles that operate by remote control, tele-operation or fully autonomous and collaborative,” said Jeremy James, CEO of Four DRobotics. “Our Autonomous Vehicles as a Service Solution (AVaaS) is precisely what DRIVETECH requires to support the deployment of their Flexible Autonomous Electric Vehicle that will be used to automate routine heavy-duty logistics in applications such as: construction, agriculture, distribution, airports, sea ports, and industrial complexes.  Under this MOU Four DRobotics will have access to technology in EV power systems, EV power trains, and up to two classes of EVs.”

“Four DRobotics will be an important local partner for our mobility/robot services in Korea and as an entry point for the North American market. In particular, an important area of cooperation is the deployment of a common autonomous mobility technology with our complementary convergence technology that supports collaborative teams of mobile robots,” said YUNYONG CHOI, CEO of DRIVETECH. "Our core service, is an eco-friendly platform for mobility/robots, that will leverage Four DRobotics AVaaS solution, Four DRobotics's Goal Based Reasoning and Deep Learning technologies that will deliver market leading advanced services for our customers."

About Four DRobotics Corporation

Four DRobotics Corp is a Canadian owned small-medium enterprise with Headquarters and R&D in Ottawa and business development in Beloeil, Quebec.  Four DRobotics develops autonomous vehicles that employ Artificial Intelligence in the form of Goal Based Reasoning and Deep Learning for the Autonomous Vehicles as a Service (AVaaS) business.  AVaaS is a complete solution from human supervisor to any autonomous uncrewed vehicle.  The company is focused on the application of this business model to the deployment of teams of autonomous service vehicles that can be used to automate routine applications such as perimeter security, emergency response, monitoring, surveillance and manufacturing.

 

For more information about Four DRobotics Corp, please: visit https://www.fourdrobotics.com/, or contact Mona Basheti info@fourdrobotics.com Four DRobotics Communication Coordinator, T. +1 (613) 739-2687 – Ext. 2

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About DRIVETECH Co., Ltd.

DRIVETECH is a Korean owned technology venture company based in Bucheon, Republic of Korea, with research and development centers in Siheung and Cheonan. DRIVETECH's vision is to become The Leader in Green-Energy Mobility, and its business aims to increase the efficiency, standardization, and advancement of driving platforms for electric vehicles and autonomous robots. DRIVETECH provides mobility and robots for electric vehicles on-demand logistics transportation based on in the form of a flexible autonomous electrical vehicle as a service (FAEVaaS) business. FAEVaaS is a one-stop solution for Heavy Duty logistics indoors and outdoors in various facilities including: construction sites, farms, distribution centers, airports, ports, resorts, industrial complexes, etc.).

 

For more information about DRIVETECH Co., Ltd., please visit: https://www.faev-r.com/, or contact MyeongGyun CHOI drivetetch@drivetetch.kr, DRIVETECH Marketing Manager, T. +82-32-222-0456.

  

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