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An agreement between MIT-Spin-Off Derq and traffic signal specialist Control Technologies aims to accelerate the use of the technology in smart road safety and infrastructure projects.
MIT-spin-off Derq has teamed with US distributor of traffic signal control and intelligent transportation systems (ITS) equipment, Control Technologies Group (CT Group), for a multi-year distribution agreement in a move to help accelerate road safety and smart infrastructure.
CT Group will be distributing Derq’s artificial intelligence (AI) video analytics solutions for connected roads and vehicles as well as traffic and safety insights across its network in the US.
According to Derq, combining its solutions with CT Group’s technology offering will further build an integrated offering including traffic signal control, ITS equipment, road sensors, and software applications.
“This partnership enables us to leverage CT Group’s strong sales network and expertise to scale our AI solutions across the country and help improve safety and mobility for all road users including autonomous vehicles,” said Dr Georges Aoude, co-founder and CEO of Derq.
“We’re also excited about working with CT Group’s complementary portfolio of solutions to achieve a comprehensive and unique market offering.”
Derq’s real-time perception and connectivity AI platform aggregates data from different sources such as traffic sensors, signal controllers and connected infrastructure. It then uses AI to extract real-time intelligence from the data, enabling cutting-edge CAV applications as well as actionable Safety and Traffic Insights.
“The partnership will promote interoperability of the Derq platform with our existing traffic detection and smart intersection offerings”
Derq claims its platform is hardware agnostic, flexible and scalable, providing immediate value to both customers with existing sensor deployments and those seeking to deploy innovative smart mobility ecosystems.
The CT Group said it is looking to expand its footprint in the smart intersection and connected vehicle arena. The multi-year agreement provides rights of representation in 26 states across the US with exclusivity in the southeast and northwest where the CT Group has representation.
“The CT Group is excited about the market opportunities the new agreement with Derq will facilitate,” added Mike Day, president of CT Group.
“The partnership will promote interoperability of the Derq platform with our existing traffic detection and smart intersection offerings in addition to the unique and compelling standalone capabilities. We look forward to a long and successful partnership.”
Through its proprietary and patented technology, Derq said it provides cities and fleets with an AI platform that powers advanced analytics and connected and autonomous vehicle (CAV) applications to help them improve road safety and better manage traffic.
The 40-year-old CT Group is active in the connected vehicle and smart intersection market and represents several products in that arena.
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