Tekcapital plc
21 August 2026
21 August 2026
Tekcapital plc
("Tekcapital" or the "Company")
Portfolio Company Update
Guident Corp. & Coastal Waste and Recycling
Sign Multi-year Robotic Monitoring Contract
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 Guident CORP, a leader in AI-enabled safety and remote monitoring solutions, announced a 36-month agreement with Coastal Waste & Recycling (https://www.coastalwasteinc.com), ("Coastal"), a leading provider of waste and recycling services with over 40 locations throughout Florida, Georgia, and South Carolina.
The expanded agreement includes deployment of WatchBot™ autonomous inspection robots, Guident's AI-powered software platform, and ongoing operational support services designed to enhance safety, automate inspections, and standardize monitoring.
Under the agreement, the robots will conduct autonomous facility patrols and on-site inspections, while Guident's AI software platform analyzes collected data, manages alerting, and supports centralized workflow management. The integrated system enables thermal inspections, early fire detection on loaded trucks, asset damage identification, personal protective equipment compliance monitoring, tank cage checks, and other site-specific safety routines.
"Safety is central to how we operate, and this three-year agreement reflects our long-term commitment to investing in technologies that protect our people and assets," said Chad Abell, Vice President, EHS & Engineering at Coastal. "By deploying Guident's integrated safety solution, including autonomous inspection robots and an AI-enabled software platform, our teams gain real-time visibility into potential risks, enabling earlier intervention and more consistent safety standards."
"We're enthusiastic to expand our long-term partnership with Coastal through this 36-month agreement," said Harald Braun, Executive Chairman and CEO of Guident. "By combining autonomous inspection robotics with our AI-powered software platform, coupled with ongoing operational support, we're delivering a turn-key safety solution designed to reduce risk, improve inspection consistency, and strengthen operational oversight."
The agreement reflects a shared commitment to advancing AI-enabled safety infrastructure within the waste and recycling sector and Coastal's industry leadership. By integrating robotics, intelligent monitoring software, and managed services under a unified deployment model, the collaboration aims to deliver measurable improvements in safety performance, operational reliability, and risk management.
"We are excited about Guident's continued commercial progress. Their transition from pilot contracts to long-term commercial agreements is well underway, and we anticipate continued revenue growth across mobility, robotics and public transportation markets. Following their successful fundraising of US$2 million in May 2026, Guident continues to work diligently towards a public listing in 2026, which we believe has the potential to further crystallize balance sheet value and broaden participation in its scale-up." said Dr. Clifford Gross, Executive Chairman of Tekcapital.
About Guident
Guident is a software company that strives to enable the safe, scalable deployment of autonomous vehicles and robots through human-in-the-loop oversight and secure remote operations. The company provides a vital safety layer and an operational continuity framework that supports deployment across transit, mobility, and commercial robotics operations.
By integrating remote monitoring, intervention capabilities, and system-level safety architecture, Guident helps operators, public and private agencies transition from pilot programs to reliable, long-term autonomous operations. Its platform supports safety, regulatory compliance, and consistent daily performance at scale. guident.com
About Tekcapital plc
Tekcapital creates value from investing in new, university and corporate 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.
On 6 of August 2026 Tekcapital reported its 2026 H1 results[1]. For the six months ended 30 June 2026 net assets rose to US$201.7 million, up from US$55.1 million at 31 December 2025, lifting net asset value per share to US$0.78 from US$0.27. The Company's investment portfolio was valued at US$191.4 million at the period-end, compared with US$46.9 million at 31 December 2025, and generated US$145.5 million in portfolio returns and revenue for the first half of 2026, versus US$6.1 million in the first half of 2025. Profit after tax was US$144.8 million, versus US$5.4 million in the prior half-year period, while operating expenses fell 7.3% to US$0.69 million, reflecting continued cost discipline.
Tekcapital holds approximately 70% of the common stock of Guident CORP, with additional US$5 million in loan note receivables convertible to Guident's common stock at Tekcapital's election.
For further information, please contact:
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Tekcapital Plc |
Via Flagstaff |
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Clifford M. Gross, Ph.D. |
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SP Angel Corporate Finance LLP |
+44 (0) 20 3470 0470 |
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(Nominated Adviser and Broker) |
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Matthew Johnson / Charlie Bouverat (Corporate Finance) |
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Flagstaff Strategic and Investor Communications |
+44 (0) 20 7129 1474 |
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Tim Thompson / Andrea Seymour / Fergus Mellon |
Forward-Looking Statements and Risk Factors
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