Sam­vard­hana Mother­son forms JV with Os­sia for Cota ecosys­tem

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Mother­son Sumi Sys­tems Lim­ited (MSSL), part of the Sam­vard­hana Mother­son Group (SMG), through its sub­sidiary Sam­vard­hana Mother­son Au­to­mo­tive Sys­tems Group B.V. (SMRP BV) has an­nounced the for­ma­tion of a joint ven­ture (JV) with Os­sia Inc., in­no­va­tor of the Cota Real Wire­less Power tech­nol­ogy.

Mother­son In­no­va­tions Com­pany Lim­ited (MI), a sub­sidiary of SMRP BV, will hold ma­jor­ity share in the JV and will aim at bring­ing Os­sia’s Cota power sys­tem into the in­te­ri­ors of some of the world’s most pop­u­lar ve­hi­cles. The newly-formed en­tity will be based in the US and will be sup­ported by SMG’s global or­gan­i­sa­tion. Apart from the JV, MI will also in­vest $14 mil­lion for a 4.5% equity stake in Os­sia Inc.

Glob­ally, the JV will fo­cus on the in­te­gra­tion of Cota tech­nol­ogy into a wide range of non-mil­i­tary pas­sen­ger, com­mer­cial and pub­lic trans­porta­tion ve­hi­cles. The JV aims to have its sys­tems de­ployed in both pri­vate and pub­lic ve­hi­cles by 2021 not only to de­liver con­tin­u­ous wire­less power to oc­cu­pants’ per­sonal de­vices, but also to power var­i­ous sen­sors in and on the ve­hi­cle, in­clud­ing brake sen­sors, tyre pres­sure gauges and key fobs. The JV will also be the dis­trib­u­tor of all Cota wire­less power prod­ucts across mul­ti­ple ver­ti­cals such as IoT and con­sumer de­vices in In­dia.

“Our cus­tomers want ac­cess to the most ad­vanced tech­nolo­gies avail­able to­day. Af­ter ex­ten­sive eval­u­a­tion of mul­ti­ple wire­less power com­pa­nies, we have cho­sen Os­sia as our pre­ferred part­ner and are in­vest­ing to be a part of the broader Cota ecosys­tem. Wire­lessly pow­er­ing the in-cabin ex­pe­ri­ence and var­i­ous other sen­sors is a tremen­dous tech­no­log­i­cal ad­vance­ment for both ve­hi­cle man­u­fac­tur­ers and con­sumers,” Vaa­man Sehgal, Vice Chair­man of SMG, said.”

SMG is one of the lead­ing man­u­fac­tur­ers of com­po­nents and so­lu­tions for top ve­hi­cle OEMs. MI is tasked with de­vel­op­ing new tech­nolo­gies and cre­at­ing plat­forms for new ideas to be launched. MI’s lat­est of­fer­ing, the break­through ‘Em­pathic Cock­pit’ demon­stra­tor, was dis­played at the CES 2018 in Las Ve­gas.

“We are thrilled to be work­ing closely with a global leader like Sam­vard­hana Mother­son Group. This JV is a val­i­da­tion of Cota Real Wire­less Power, which will be com­mer­cial­ized world­wide for the au­to­mo­tive in­dus­try,” Os­sia Chief Ex­ec­u­tive Of­fi­cer, Mario Obei­dat, said.

Os­sia is the devel­oper of the patented Cota tech­nol­ogy, which re­de­fines wire­less power by safely de­liv­er­ing tar­geted en­ergy to de­vices at a dis­tance. Cota tech­nol­ogy uses ra­dio fre­quency to power a range of de­vices like wear­ables, smart­phones, au­to­mo­tive sen­sors, IoT de­vices and bat­ter­ies.

Head­quar­tered in Belle­vue, Wash­ing­ton, Os­sia’s flag­ship tech­nol­ogy, Cota, re­de­fines wire­less power by safely de­liv­er­ing re­mote, tar­geted en­ergy to de­vices at a dis­tance. Os­sia’s Cota tech­nol­ogy au­to­mat­i­cally keeps mul­ti­ple de­vices charged with­out any user in­ter­ven­tion, en­abling an ef­fi­cient and truly wire-free, pow­ered-up world, that is al­ways on and al­ways con­nected.

SMRPBV, a Sam­vard­hana Mother­son Group com­pany, is a joint ven­ture be­tween Mother­son Sumi Sys­tems Lim­ited (MSSL), the flag­ship com­pany of SMG and Sam­vard­hana Mother­son In­ter­na­tional Lim­ited (SMIL), the prin­ci­pal hold­ing com­pany of SMG through their sub­sidiaries. SMRPBV is present in all ma­jor global au­to­mo­tive pro­duc­tion re­gions, with 48 pro­duc­tion fa­cil­i­ties spread in 18 coun­tries. Its op­er­a­tions in­clude sup­plies to global au­to­mo­tive in­dus­try through its sub­sidiaries Sam­vard­hana Mother­son Re­flectec (SMR) and Sam­vard­hana Mother­son Pegu­form (SMP).

The Sam­vard­hana Mother­son Group’s au­to­mo­tive prod­uct port­fo­lio com­prises elec­tri­cal dis­tri­bu­tion sys­tems (wiring har­nesses), au­to­mo­tive rearview mir­rors, moulded plas­tic parts and as­sem­blies, in­jec­tion mould­ing tools, moulded and ex­truded rub­ber com­po­nents, mod­ules and sys­tems in­clud­ing cock­pits /IPs, door trims, bumpers, light­ing sys­tems, air in­take man­i­folds, pedal as­sem­blies, HVAC sys­tems, ve­hi­cle air con­di­tion­ing sys­tems, roof hatches, cab­ins for offhigh­way ve­hi­cles, ma­chined metal prod­ucts, cut­ting tools, thin film coat­ing me­tals, IT ser­vices, de­sign en­gi­neer­ing and CAE ser­vices.

The Group has also in­vested in tech­nolo­gies that pro­vide man­u­fac­tur­ing sup­port, in­clud­ing com­pres­sors, paint coat­ing equip­ment, aux­il­iary equip­ment for in­jec­tion mould­ing machines and au­to­mo­tive man­u­fac­tur­ing en­gi­neer­ing ser­vices.

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