Egemin recently closed its third license contract with a Chinese technology giant in eighteen months. The company is Machinery Technology Development Co., Ltd, (MTD). MTD is a comprehensive scientific and technological research center and industrial technology service center in China’s machinery equipment industry. MTD was officially founded in 2002 by the China Academy of Machinery Science & Technology under direct control of the Chinese government and operating from China’s capital, Beijing.
The contract comprises the licence sales of Egemin technology to control automated guided vehicles (AGVs), in particular Egemin’s E’tricc AGV management software and E’nsor® navigation software. AGVs are autonomous transport vehicles that move goods in warehouses, distribution areas and production environments.