BEIJING, June 18, 2021 /PRNewswire/ — Luokung Engineering Corp. (NASDAQ: LKCO) (“Luokung” or the “Firm”), a top Spatial-Temporal smart big facts expert services company and supplier of interactive area-centered services and High definition Maps in China, nowadays declared that its wholly owned subsidiary eMapgo Systems (Beijing) Co., Ltd. (“EMG”), a foremost service provider of navigation and electronic map products and services in China, has entered into a contract to produce a new era visitors control network and sensible highway demonstration task for the Changjiu Expressway in the Jiangxi Province of China.
According to the terms of the deal, EMG will be accountable for the advancement and implementation of a 3D genuine-lifestyle highway electronic management system for the new technology good highway demonstration undertaking for the Changjiu Expressway. A digital administration procedure will provide actual-time highway information and clever procedure management to aid the most recent sensible transportation, these types of as lane navigation, autonomous driving, street coordination and auto-highway collaboration (“V2X”), although raising basic safety and lowering congestion for enhanced street routine maintenance and administration.
Luokung’s clever transportation business includes each motor vehicle-terminal company and street-terminal assistance, offering autopilot Hd Map info solutions for vehicle brands and developing wise street electronic solutions.
Mr. Xuesong Tune, Chairman and CEO, said, “We are psyched about EMG’s collection as the supplier for this impressive sensible highway challenge in Jiangxi, which we think is a testomony to our leading position in Spatial-Temporal facts processing technological innovation and superior-precision map data assistance abilities. This is a new technology targeted traffic manage network and wise freeway demonstration job, and Changjiu Expressway would be China’s initially highway that is primarily based on this new intelligent management program, which supports street coordination and a V2X functioning procedure. We are confident that EMG’s function on this job will have a beneficial effect on the Firm’s long term small business potential clients in clever transportation.”
About Luokung Technology Corp.
Luokung Technology Corp. is a major Spatial-Temporal smart massive data products and services enterprise, as very well as a foremost provider of site-based mostly products and services (LBS) and High definition Maps for various industries in China. Backed by its proprietary technologies and skills in High definition Maps and related intelligent Spatial-Temporal major knowledge, Luokung established town-level and marketplace-level holographic Spatial-Temporal digital twin systems and actively serves industries which includes autonomous driving, car or truck-highway collaboration (V2X), wise transportation, wise travel, neighborhood business enterprise LBS, new infrastructure, good cities, and sensible industries (unexpected emergency, purely natural resources, environmental safety, h2o conservancy, strength, smart education, and so on.).
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Check out first material:http://www.prnewswire.com/news-releases/luokung-announces-subsidiary-emapgos-agreement-acquire-for-new-era-website traffic-regulate-network-and-clever-freeway-demonstration-project-301315278.html
Resource Luokung Know-how Corp.
