Phantom Auto, provider of remote operation software, has acquired Voysys AB, developer of video communication technology. With this technology they want to provide customers in the logistics sector with human-centric technology, to combat the labor shortage.
Following the acquisition, Phantom will expand its capacity to service rapidly-growing customer demand for remotely operated forklifts, in addition to supporting deployments in the unmanned yard truck and delivery robot segments. By combining Voysys’s video streaming capabilities into its remote operation platform, Phantom’s customers have achieved further reductions in streaming latency, as well as improvements in video quality and stability — especially in volatile network conditions.
Based in Sweden, Voysys has spent the last decade focusing specifically on ultra-low latency and multi-link video streaming across unstable networks. The result is a differentiated video-streaming software solution that increases video performance and improves glass-to-glass latency, while concurrently reducing bandwidth consumption and disconnects. The team at Voysys has already demonstrated technology maturity, providing some of the world’s largest forklift, automotive, and construction equipment manufacturers with network agnostic, ultra-secure video communication technology solutions.
Phantom and Voysys are joining forces as massive investments in unmanned vehicles, 5G infrastructure, cloud computing, artificial intelligence, and electrification are driving a transformational shift in the global supply chain. The combined teams are also working to develop video streaming solutions that enable low-latency 3D rendering in augmented/virtual reality, as well as localization solutions that improve a vehicle operator’s ability to navigate in dynamic environments from remote locations.
From left to right: Voysys Co-founders Jonathan Nilsson and Torkel Danielsson; Phantom Auto Co-founders Shai Magzimof and Elliot Katz