Alliances and Partnerships, Business, Free News Articles, Transportation

C2SMART Signs Agreement with NEXT Future Transportation for Cyberphysical Test Bed

BROOKLYN, N.Y. -- BROOKLYN, N.Y., Feb. 6, 2018 (SEND2PRESS NEWSWIRE) -- C2SMART, a Tier 1 USDOT University Transportation Center based at New York University Tandon School of Engineering, and NEXT Future Transportation have agreed to collaborate on the creation of a cyberphysical test bed to test NEXT's designs for modular self-driving vehicles. C2SMART will build and use scale models of NEXT's vehicles along with simulations to test routing algorithms and operational policies for shared autonomous vehicles, helping the company to propose and start field pilots in cities.

NEXT has developed technology for modular self-driving vehicles that can couple together while in motion, providing a transfer-less travel experience for users from door to door without the significant cost of assigning vehicles to individuals. To fully realize the technology's potential, NEXT needs a safe environment to test dispatch, routing, and idle vehicle repositioning algorithms that can fully make use of the vehicles' capabilities.

One of C2SMART's missions is to partner with technology providers and public agencies to help develop, test, and deploy transportation technologies, such as NEXT's modular vehicles, to different city markets.

For this collaboration, NEXT will share the specifications for their 1:10 scale vehicle models with C2SMART. The center will construct the models with the help of the 3D printing facilities at NYU Tandon's MakerSpace. Once construction is complete, C2SMART will work with NEXT to set up communications between a computer and the vehicles to start testing algorithms for three fleet control strategies.

The three procedures C2SMART will implement are:

* A dispatch with pickup and delivery routing algorithm, used for a service in which a train of vehicles picks up passengers at a terminal, travels along a main route, then redistributes the vehicles at the other end for door-to-door service.

* Dynamic decision making for vehicles merging at a station to determine when to depart, balancing lower operator costs with higher user costs as the wait time increases.

* Idle vehicle repositioning, which assigns idle vehicles to wait in a specified location until they are dispatched to new passengers.

Once C2SMART has successfully tested the algorithms, NEXT can use the documented tests to propose field pilots to city agencies and determine user demand for the service.

About the New York University Tandon School of Engineering:

The NYU Tandon School of Engineering dates to 1854, the founding date for both the New York University School of Civil Engineering and Architecture and the Brooklyn Collegiate and Polytechnic Institute (widely known as Brooklyn Poly). A January 2014 merger created a comprehensive school of education and research in engineering and applied sciences, rooted in a tradition of invention and entrepreneurship and dedicated to furthering technology in service to society.

In addition to its main location in Brooklyn, NYU Tandon collaborates with other schools within NYU, the country's largest private research university, and is closely connected to engineering programs at NYU Abu Dhabi and NYU Shanghai. It operates Future Labs focused on start-up businesses in downtown Manhattan and Brooklyn and an award-winning online graduate program.

For more information, visit http://engineering.nyu.edu/.

NEXT is a patented advanced smart transportation and artificial intelligence system based on swarms of modular self-driving vehicles. Each module can join and detach with other modules on roads and highways. The company has created a proprietary open, bus-like environment among modules, allowing passengers to stand and walk from one module to another while in motion.

To learn more, please visit http://www.next-future-mobility.com/.

Contacts:
NEXT Future Transportation inc. Silicon Valley, USA
(408) 256-2765 info@get-next.com

C2SMART Brooklyn, NY
http://c2smart.engineering.nyu.edu/

Related link:

This news story was published by the Neotrope® News Network - all rights reserved.

Business, Free News Articles, Transportation

NEXT Future Transportation expands Advisory Board with China Market Expert

SAN JOSE, Calif. -- NEXT Future Transportation, a company that is commercializing a patented autonomous mass-transportation and goods-movement solution, is adding a new member to its Advisory Board: Bill Russo will strengthen cross-border venture development initiatives to and from China.

Bill Russo is a highly respected automotive industry veteran, and an authoritative thought leader on the topic of automotive and mobility disruption in China.

Mr. Russo's career has spanned the information technology and automotive industries and has been working and consulting with businesses in China since 2004. Mr. Russo has advised numerous Chinese and global companies and institutional investors, most recently as Managing Director and the Automotive Practice leader at Gao Feng Advisory Company, on their overall growth and investment strategies.

Prior to this, Mr. Russo held executive positions at Chrysler, most recently as leader of the Chrysler business in North East Asia. In this role, he was responsible for strategic market expansion initiatives, product localization, and establishing the company's infrastructure for local sourcing and sales distribution.

"We are honored to have an expert in the Asia-Pacific market like Bill Russo join our Board of Advisors," said Emmanuele Spera, CEO of NEXT Future Transportation Inc. "NEXT will benefit from his experience with the Asian market and financial strategies as we pursue a growth plan that includes an emphasis on successfully executing transactions around the world."

"NEXT recognized the need to adopt a 'China at the core' strategy to be successful in a market that is developing rapidly and with a challenging set of conditions," said Bill Russo. "I am excited to support NEXT in identifying new growth opportunities in the Asia-Pacific region. China's unique urban transportation challenges, high rate of adoption of mobile internet services, and rapid and aggressive introduction of alternative mobility solutions have combined to make the country a fertile ground for mobility innovation. DiDi Chuxing's recent investment in Careem is particularly exciting - given NEXT's existing partnership with Careem in the Middle East."

More information: http://www.next-future-mobility.com/.

*VIDEO (YouTube; courtesy Tech in Asia): https://youtu.be/2gLumx64avw

Related link:

This news story was published by the Neotrope® News Network - all rights reserved.

Business, Free News Articles, Transportation

NEXT Future Transportation Inc. Announces Addition to the Board of Advisors

SAN JOSE, Calif. -- NEXT Future Transportation, a company that is commercializing a patented autonomous mass-transportation and goods-movement solution, announces the appointment of Thomas Wendt as a new member of NEXT's Board of Advisers.

Tom is a vision-driven and experienced automotive and mobility executive, VC, investor and trusted advisor to C-level executives of Fortune-500 and start-up companies. He is passionate about the ongoing mobility revolution and determined to play a role in how the way we engineer, build, sell and use cars is changing.

Tom is co-founder and Managing Director of Icebreaker Ventures, Autonomous World Fund, a multi-corporate strategic Venture Capital Fund, currently in fund raising, and focused on autonomous, connected, electrified and shared mobility technology and business models.

Prior to that Tom was a Senior Partner at Roland Berger, co-leading the firm's automotive practice in North America and Vice President at Alix Partners. He gained management expertise in rapid-growth environments with a proven ability to successfully set strategy, grow and turnaround business operations.

As a member of the NEXT's Advisory Board, Tom brings a unique combination of senior experience in Innovation Commercialization and Funding, combined with a strong network of relationships and experience of building a tech start up from the ground up.

"I am very excited to welcome Tom to NEXT's Advisory Board," said Emmanuele Spera, CEO of NEXT Future Transportation Inc. "His advice and expertise comes at an exciting time where NEXT is expanding its commercial growth initiatives and global partnerships. We look forward to working with Tom and we are excited to leverage his knowledge in driving NEXT forward."

"NEXT is intently focused on delivering the most advanced and innovative transportation solutions," said Tom Wendt. "NEXT's proprietary solution will offer a unique open innovation ecosystem for shared mobility and connectivity services, while providing a platform for continuous business model innovation and revenue growth. I am excited to join NEXT's dynamic management team and contribute my experience and leadership to assist in advancing NEXT to the next level."

To learn more, please visit: http://www.get-next.com/.

Related link:

This news story was published by the Neotrope® News Network - all rights reserved.

Business, Free News Articles, Transportation

NEXT Future Transportation Inc. Achieves Major Milestone – Exhibits Fully Autonomous Modular Vehicle Prototype

SAN JOSE, Calif. -- NEXT Future Transportation Inc. ("NEXT"), a startup that is commercializing an autonomous mass-transportation and goods-movement solution, today announced that it has reached an important milestone in its vehicle prototype development. NEXT has made important progress over the past 18 months in developing its patented innovation that is based on swarms of modular self-driving vehicles, which can join and detach with other modules in full motion, allowing passengers to stand and walk from one module to another.

A YouTube video of NEXT vehicle prototype can be accessed via: https://youtu.be/erRJNtpns00.

"NEXT's development milestone success is significant as it demonstrates our commercialization readiness, regardless of the state of the overall autonomous vehicle market," said Tommaso Gecchelin, Co-Founder & CTO of NEXT.

"We will deploy a first generation of driver-operated vehicles, which will immediately allow NEXT fleets to operate on public roadways," said Gecchelin.

NEXT's development since its inception in 2015 has been incredibly rapid, and the mostly self-funded startup has met every milestone. NEXT initially developed and manufactured two 1:10 scale working prototypes to demonstrate docking and undocking in motion capabilities, collective vehicle steering and its own self-driving system. It subsequently manufactured two full-scale units to demonstrate NEXT's superior design, as well as material quality and vehicle strength.

"Today's completion of NEXT's first fully-functional driverless vehicle prototype exemplifies our ability to innovate at rapid speed at a very low cost," said Emmanuele Spera, Co-Founder & CEO of NEXT.

Earlier this year, NEXT signed a contract for a pilot project in Dubai with the RTA (Road Transportation Authority). The pilot project is supported by His Highness Sheikh Mohammed bin Rashid Al Maktoum.

"The NEXT team, which consists of engineers and technicians, has made tremendous progress since late 2015. Building on this work, we are looking forward to providing the Dubai government and other customers with a highly scalable and cost effective municipal transportation solution that will integrate into Dubai's existing infrastructure and emerging modalities like Hyperloop," said Spera.

About - NEXT Future Transportation:

NEXT is an advanced smart transportation system based on swarms of modular self-driving vehicles. Each module can join and detach with other modules on roads and highways. The company has created a proprietary open, bus-like environment among modules, allowing passengers to stand and walk from one module to another while in motion. To learn more, please visit: http://www.get-next.com/.

Related link:

This news story was published by the Neotrope® News Network - all rights reserved.