Latest PR's but I hear there is much more to come from GROC. Patience will be paid off for those holding. Image where could have being this week.
Great Rock Development Corp. (OTC: GROC) is pleased to announce the Canadian Natural Sciences and Engineering Research Council (the Canadian counterpart of NIST in the United States) has announced the approval of an advanced research grant for its wholly owned subsidiary Cyberworks Robotics Inc.
The grant will fund a scientific collaboration between the University of Waterloo and Cyberworks for the development of advanced autonomous path planning technology and will apply the results of past research on planetary rover technologies as well as new areas of mathematics to non-Boustrophedon Path Planning for Cyberworks' next generation of autonomous navigation guidance systems.
"We are all delighted with the approval and continued confidence in our team. This represents a leading-edge collaboration between two World-class entities," said Vivek Burhanpurkar, President of Cyberworks.
The technology, which replaces inefficient linear path trajectories which are used by conventional mobile robots, with more efficient curvilinear fluidic trajectories, significantly reduces time and energy demands on autonomous robots and will allow Cyberworks to extend its technological competitive advantage in industries ranging initially from robotic mobility aids for quadriplegics to unmanned industrial floor scrubbers. The professional floor care industry in the US alone is estimated at $25 billion annually, where labor accounts for roughly 50% of operating costs.
Mr. Burhanpurkar further commented, "These research grants are exceptionally difficult to come by. This is yet another validation of the leadership position of Cyberworks within the global research community."
Management expects to make further updates on this exciting collaboration as well as other developments in the near future.
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