Bayanat (ADX: BAYANAT), a leading provider of AI-powered geospatial solutions, and Vay, the provider of automotive-grade teledriving (remote driving) technology, recently signed a Memorandum of Understanding (MoU) to advance teledriving technology solutions with geospatial data and AI.
According to Industry sources, this partnership permits Bayanat to unlock and expand jointly with Vay the teledriving technology into the Middle East, Africa, and select Asia Pacific countries. Additionally, the partnership will overview the launch of a joint R&D arm dedicated to the development and expansion of next generation, safe autonomous technology.
Industry sources further confirmed that this partnership will also leverage Bayanat’s operational infrastructure, data and AI capabilities, and Vay’s teledriving expertise to drive advancements in autonomous vehicles globally, and address the growing demand for advanced modes of mobility.
Hasan Al Hosani, Managing Director, Bayanat commented: “Bayanat, soon to be Space42, remains committed to fostering key partnerships that advance disruptive industries such as teledriving and advanced mobility. Our collaboration with Vay will allow us to tackle teledriving challenges and set the pace of innovation in the industry. By combining our AI-powered smart mobility solutions with Vay’s cutting-edge teledriving technology, we aim to deliver advanced, scalable mobility solutions that enhance transportation efficiency and foster safer, more sustainable urban mobility experiences.”
“We are excited to collaborate with Bayanat to develop what we believe is a crucial element of autonomous vehicles – specifically, ‘remote-operated, assisted autonomy’,” stated Thomas von der Ohe, Vay co-founder, and CEO. “Teledriving has a profound ability to increase cost-effectiveness for fleet operations. Coupled with Bayanat’s AI-powered platform, we can further advance the implementation of teledriving beyond the current use cases and improve the overall experience for teledrivers, users, and partners.”
Industry sources added that Bayanat’s smart mobility solutions are powered by its AI-enabled platform, GIQ, which integrates data from space and ground assets to assist with decision-making, enhance situational awareness, and improve operational efficiency. Vay’s technology allows professionally trained teledrivers to drive vehicles to the customer’s pick-up location remotely.
Industry sources added that once the car arrives, the client takes manual control and drives like any regular vehicle. After the journey is complete, the client ends the rental in the app without worrying about searching for parking space, as a teledriver handles parking or drives the car to the next customer. This system offers a sustainable, door-to-door mobility service at half the cost of traditional ride-hailing. Bayanat’s AI insights, informed by geospatial data, will improve the remote experience for Vay’s trained teledrivers.
This partnership is the latest in several strategic alliances Bayanat has fostered to apply its AI-powered geospatial capabilities and offerings to more use cases. In 2024, Bayanat was Anchor Partner at DRIFTx, an international platform for smart, autonomous, and sustainable urban mobility solutions to advance Abu Dhabi’s journey to become the global hub for smart and autonomous vehicle applications.
Industry sources also confirmed that at the event, Bayanat made several announcements, including its partnership with South Korean firm Autonomous a2z to pioneer cutting-edge autonomous fleet operations and advance sustainable smart mobility and transport systems.
