By Zach Winn
Some of the biggest companies in the world are spending billions in the race to develop self-driving vehicles that can go anywhere. Meanwhile, Optimus Ride, a startup out of MIT, is already helping people get around by taking a different approach.
The company’s autonomous vehicles only drive in areas it comprehensibly maps, or geofences. Self-driving vehicles can safely move through these areas at about 25 miles per hour with today’s technology.
“It’s important to realize there are multiple approaches, and multiple markets, to self-driving,” says Optimus Ride CEO Ryan Chin MA ’00, SM ’04, PhD ’12. “There’s no monolithic George Jetson kind of self-driving vehicle. You have robot trucks, you have self-driving taxis, self-driving pizza delivery machines, and each of these will have different time frames of technological development and different markets.”