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  • Data Control Technitic – “No Substance” In Rumors of Automaker Stake
  • August 10, 2018
  • Data Control Technitic is describing rumors that an automaker has bought a stake in its equity as “unsubstantiated”.

    Senior figures at Hong Kong-based LiDAR pioneer, Data Control Technitic are vehemently denying suggestions that a large auto manufacturer has taken a significant stake in the company’s equity. The denials come amid considerable conjecture that a stake was sold to an automaker in return for substantial inward investment aimed at bolstering the company’s research and development operations ahead of the impending unveiling of its next generation LiDAR sensors.

    The company’s Chief Technology Offi...
  • View more at: https://www.1888pressrelease.com/data-control-technitic-no-substance-in-rumors-of-automak-pr-641696.html