Phantom Auto picks up video specialist

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by Emily Atkins

Phantom Auto, which provides software that lets operators control material handling equipment remotely, has acquired Voysys AB.

Voysys provides video systems that Phantom says will help it expand its offering to the unmanned yard truck and delivery robot segments. Voysys’s video streaming capabilities help reduce latency issues in the Phantom software, allowing operators true real-time control. They also provide improvements in video quality and stability — especially in volatile network conditions.

“When you look at all of the key operating metrics for delivering reliable, seamless remote operation technology, the question keeps coming back to how one can ensure ultra-low latency in highly variable network conditions. Joining forces with Voysys, and integrating their IP into our technology stack, strengthens our core technology for our customers so that they can continue to easily move goods around the clock, from anywhere in the world,” said Shai Magzimof, co-founder and CEO at Phantom Auto.

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.

“We are excited to join the Phantom team because we have seen firsthand that they are poised for rapid growth in the supply chain industry,” said Magnus Persson, Voysys co-founder and CEO.

“We have developed software for the video streaming pipeline which has proven to be best-in-class when it comes to streaming latency. Combining our world class technologies will unlock immense value for logistics operators around the world.”

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. Over the past months, the companies have merged their respective technologies, enabling Phantom to further expand its business outside of North America and into adjacent market segments.