Oxbotica, as a company has stayed away from much of the limelight for some time now. This is even more surprising considering the fact that they are working on one of the most radicle technology of modern times – Self-Driving Cars or Autonomous Navigation. However, it seems that Oxbotica was investing heavily in Self-Driving Cars and Autonomous Navigation Technologies.
Oxbotica had recently released a video of one of its Self-Driving Cars. The video gives a possible hint into what their Autonomous Vehicle Technology has achieved so far. The video and events do look promising for the future of Self-Driving Cars.
The video shows a chronological distribution of events. The test car (boarded with the team) takes on to the street. The initial step was Mapping and Validation, which takes around 3 hours to complete. The car moves through the streets creating a mapping of the route it passes through.
Once the mapping was completed, in the next ten minutes the car was ready for Autonomous Drive. The car could be seen as maneuvering on its own through the traffic while taking turns wherever required.
The video gives a sneak peek into what Oxbotica has planned for 2019. The end credits of the video also hint of a possible scenario of the company expanding beyond London for testing and deploying its autonomous technology.
A 2-second scene in the video also gave a quick peek of the technology employing Selenium, the company’s flagship Autonomous Control System.
Apart from the video mentioned above, per one of the blog posts from the company in their news forum, 2018 has been a busy and notable year in their journey. The Autonomous Vehicle Software company established in 2014 was seen to bring in a lot of notable achievements in 2018.
Over the course of 2018, Oxbotica saw major updates in terms of funding, establishing new partnerships and the addition of a human resource to the company leadership.
Earlier in 2018, Oxbotica first received a round of funding amounting to £14 million. The money was put in by three investors – AXA XL, Parkwalk Advisors, and IP Group. These funds were invested as a supportive step towards increasing the growth strategy of the company.
The second notable funding amounting to £15 million came in from the Government. This fund will primarily be used for deploying an Autonomous Fleet of 15 Cars in areas with the least efficient public transport systems. The operating charges and rent for this Shared Self-Driving Fleet will be kept at a level without influencing the current public transport systems in any way. The idea is to make this deployment possible by 2021.
In the fourth quarter of 2018 (October), Oxbotica was seen as welcoming Fasin Robinson to its Director Board. Robinson has an extensive record of working in highly influential positions in companies such as Uber and LastMinute.com. The addition of a person with the expertise level to that of Robinson does throw a hint that the company is planning to sharpen up its corporate strategies.
Oxbotica also struck partnership with Addison Lee, a big name in the Private Hire Taxi Segment in London. This mutually beneficial alliance is expected to accelerate the process of developing, deploying and operating Self-Driving Cars. The current idea is to be able to deploy fully operating Self-Driving Cars in the streets of London by 2021.
For a company established in 2014 and just being 4 years old, developing an Autonomous Technology that could map in the routes and then navigate on its own is an epic achievement. Also, looking at what they have achieved in 2018, we can expect to see more advancements in the development of Oxbotica–Addison Lee Autonomous Vehicles.
Here is the link to the full video by Oxbotica offering a glimpse into what their Autonomous Driving Technology holds.