Venti Aims To Bring Autonomous Vehicles To Ports, Factories And Airports

Much has been written about the failures of autonomous driving cars in places like San Francisco. But the real success and perhaps even bigger opportunity is in industrial vehicles in ports, factories and airports.

In fact, the global heavy-duty autonomous vehicle market was valued at $135.25 billion in 2022 and is anticipated to reach $1.45 trillion by 2032, according to Research and Markets.

Venti Technologies, based in both Singapore and Boston, Massachusetts, is helping to advance the category with its autonomous logistics for industrial and global supply chain hubs…

The technology and algorithms behind Venti were invented by Dr. Daniela Rus, who is also the director of CSAIL—the MIT Computer Science and Artificial Intelligence Laboratory, which in the past has been the source of many start-ups representing some $2 trillion in revenue…

Wyle and her co-founders made the decision to start in Asia because the market was ahead of the US in autonomous vehicles. The original vision for the company’s direction was to expand Rus’s autonomous wheelchair invention into the Senior community market.