Tag Archives: MIT

Boston-based Autonomous Vehicle Developer Optimus Ride gets Series A Funding

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Boston-based Autonomous Vehicle Developer Optimus Ride gets Series A Funding urban mobility

Leading Venture Capitalists Invest in MIT Spinoff’s Vision and Differentiated Approach to Self-Driving Technology; Funds Will Scale Vehicle Fleet and Increase Employee Headcount BOSTON, Nov. 2, 2017 /PRNewswire/ — Today, Optimus Ride, a MIT spinoff company developing self-driving technology, announced it has closed an $18 million Series A funding led by Greycroft Partners with participation from Emerson Collective, Fraser McCombs Capital

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Self-Driving Scooter for the Elderly and Mobility Impaired

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The quest to develop driverless vehicles that will transport people autonomously have led to interesting spin-off projects as researchers in Singapore developed a self-driving mobility scooter that drives pedestrians along narrow pathways. Who will benefit most from this driverless technology? The elderly and the mobility impaired. The one-seater four wheel scooter that weighs about 50 kg travels at a top speed of

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DHL helps Explore Future Transportation with Delivery of Delft Hyperloop

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DHL manages prototype transport and contributes to development of a tubular transportation system that would travel at 745 mph PLANTATION, Fla.–(BUSINESS WIRE)–The future of high-speed, sustainable transportation may be even closer than we think, thanks to an innovative project organized by Elon Musk’s SpaceX and supported by companies like DHL, the world leader in express and logistics. The project involves

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Singapore Business District Begin Testing Self-Driving Ride-Hailing Service

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SINGAPORE—Singapore became the first country in the world to launch a self-driving taxi service on Thursday. Singapore’s nuTonomy, founded by two researchers from the Massachusetts Institute of Technology, said Thursday it began testing a free taxi-hailing service in a small business district in Singapore called one-north, a campus-like space dominated by tech firms and biotechnology companies. The trial was given

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Ford and MIT’s Electric Shuttle Experiment

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Ford Motor is unleashing electric vehicles onto the Massachusetts Institute of Technology campus. Students and faculty will be able hail these cars via mobile app in order to shuttle them to and from class. It sounds a lot like Uber and Lyft. But that’s not exactly what Ford is aiming for—at least not initially. The electric shuttles, which will be

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