Data Control Technitic is describing rumors that an automaker has bought a stake in its equity as “unsubstantiated”.

Senior figures at Hong Kong-based LiDAR pioneer, Data Control Technitic are vehemently denying suggestions that a large auto manufacturer has taken a significant stake in the company’s equity. The denials come amid considerable conjecture that a stake was sold to an automaker in return for substantial inward investment aimed at bolstering the compa..

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