Taking part in similar previous events -- from the inaugural Detroit Startup Week in 2016, to mentoring past Techstars Mobility Driven by Detroit winner, Dubai start-up Derq
-- has highlighted the company's commitment to finding solutions for future transportation, and shows a belief that the younger generation of innovators are key to the success of mobility solutions.
The solution is based on patented technology developed in The Massachusetts Institute of Technology (MIT) by young and bright Dr Georges Aoude, co-founder and chief executive officer, Derq, for both today's drivers and tomorrow's autonomous vehicles.
After working in the US in the transportation and aerospace advisory industry, Aoude received a patent for his technology and decided to launch Derq in 2016.
"I chose to launch Derq in the UAE because the GCC faces major road safety issues with an alarming rate of road fatalities (1 person is killed every 53 minutes on GCC roads).
Derq has two co-founders - Dr Amer Abufadel (CTO) and Karl Jeanbart (COO).
Derq's mission is to predict and prevent car accidents before anyone can even notice them.
Derq was selected from 500 applications from 52 countries.
"The Derq team is very unique being the first of its kind in and out of the Middle East region.
Endorsing positive sentiments, Ghandour, said: "Investing in early stage technology is what I have been doing for years now, I have know Georges for quite sometime and I was impressed with his innovative thinking in solving big problems that we face in society today, Derq is one company addressing the challenge of road safety in a very scientific way."
In line with the Dubai Government's strategic direction on smart cities that focuses on six pillars -- life, society, mobility, economy, governance, and environment -- SDO joined hands with DSOA, RTA, and Derq
to pool their energies and resources to examine and promote the use of artificial intelligence (AI) in accident prevention by facilitating the exchange of information, innovation and ideas.