Engaged in advancing innovative solutions for large-scale market applications
Tel Aviv, Israel, April 27, 2023– Medigus Ltd. (Nasdaq: MDGS), a technology company engaged in electric vehicle charging solutions, advanced medical solutions, and innovative internet technologies, today announced that Charging Robotics Ltd., a subsidiary of Fuel Doctor Holdings, Inc., (“FDOC”) a Delaware corporation quoted on the OTC Market (60% owned by Medigus), has won second place at the 14th Innovation World Cup, one of the world’s leading competitions for techpreneurs and innovative SMEs in IoT, wearables & DeepTech.
Charging Robotics, after being nominated, competed with approximately 400 global companies and solutions. Charging Robotics presented its solution that will contain advanced AI and machine learning algorithms, used to improve the performance of its Robotic Wireless Charging System. Charging Robotics is nearing the completion of development of its first-generation Robotic Wireless Charging System to wirelessly charge Electric Vehicles. The next generation will incorporate AI and machine learning algorithms that will use vast amounts of data to improve the service level offered to EV drivers by the Robotic Chargers.
Charging Robotics’ recent collaboration with Make My Day, a company that delivers EV fleet management solutions, will enable data collection about EV electricity consumption, customer arrival times and personal driving styles. The Robots will gather data about the EV charging process, the EV battery state of charge and other critical parameters. This information will be used by advanced AI and machine learning algorithms to manage the Charging Robotics fleet and the wireless charging process.
Charging Robotics is also developing advanced AI algorithms that are used for the navigation of the Robots. These algorithms are used for identifying the EV, sensing and avoiding obstacles and finding the optimal position for the wireless charging to achieve high charging efficiencies which save money and improve environmental impact.