London, October 10, 2017
British start up company StreetDrone announced the production of their testbed for autonomous technologies and have officially launched the sale of their unique and affordable autonomous vehicle the StreetDrone One at the NVIDIA GPU in Munich.
The vehicle is designed to a address a growing number of issues in the field of autonomous technologies. One of them is the divergence of efforts in the industry which has led to siloed research and growing costs for business across the rapidly expanding sector.
The StreetDrone One was built by a team of ex-F1 engineers at and comes equipped with six HD cameras, a 4G connection. It is powered by NVIDIA technology, which supports smarter data collection and sharing. It has been specifically designed to test both engineering and software solutions that will appear on road cars in the coming decade.
“What makes StreetDrone ONE so unique is that it allows businesses to focus on their specific area of interest in the self-driving market and customise the testbed to their requirements. This significantly reduces the complexity of research and saves both time and money as the industry seeks to rapidly expand,” said Mark Preston, ex-F1 Team Principal and CEO,Street Drone.
The Oxford-based startup team has attempted to use F1 technology in order to make autonomous cars safer and more reliable while testing them in real world conditions on the roads. Priced at just £49,500, the StreetDrone One has also be designed for use by engineering students to test existing software and design their own to make future autonomous cars more efficient and affordable – all while gaining practical industry experience in the process.
A recent study predicted that the driverless vehicles industry will be worth over $7 trillion by 2050, with 250 million hours of commuting time saved per year.
Mike Potts, Managing Director, StreetDrone, said, “This is a very fragmented marketplace and we’re trying to build a suite of standardised tools so that technology companies can meet the growing demand for autonomous products. This is a new but very lucrative industry, and StreetDrone One can help get new products to market faster.”
Deliveries of the StreetDrone One, which is based on the Renault Twizy electric vehicle, are expected to begin before the end of the year.