Posted on January 18, 2017 by staff

Hotly-tipped VCode firm VSTE signs flying vehicle deal


Hotly-tipped cyber security firm VST Enterprises’ innovative VCode will be used on a project to build a low-emission autonomous flying vehicle.

The Manchester-based company executed a Memorandum of Understanding for the Neo X Craft project led by VRCO Limited.

VSTE’s technology will provide secure end-to-end traceability, maintenance monitoring on aircraft, parts and components.

VCode is a marking which can be scanned on or from a moving vehicle, from any angle and from great distances.

While VRCO’s vehicle is in prototype stage, VCode’s flexibility will be “indispensable”, since permissions and data contained within the code can be altered to suit any developments that will emerge from testing and developing the craft.

In addition to verifying identity, logging service records and tracing vehicles and parts, VCodes can be set to provide access only to users in a specified location.

Louis-James Davis, CEO at VST Enterprises, said: “VRCO is building an autonomous, aerial vehicle, and we are truly excited to deploy our adaptable, secure and versatile technology in such a future forward environment.

“Thanks to VRCO, a true personal VTOL craft will be available soon, and the benefits that VCode can provide make it exactly the right choice for the vehicle of the future.”

The Neo X Craft is supported by Derby University, The Institute for Innovation in Sustainable Engineering and the European Regional Development Fund.

Chairman Mike Smith added: “VCode provides us with certainty around our craft, who flies them, which engineer works on them along with key metrics on operational hours down to the component level.

“The asset tracking and access control is a unique technology which we are delighted to adopt on our project. We can see many more applications for VCode going forward.”

The Memorandum of Understanding covers the use of VCode to facilitate secure end-to-end traceability, maintenance monitoring on aircraft, parts and components.It will also enable authentication, service history intervals and warranties to be well managed.

Further use of VCode will cover pilot and engineer access and security.

VCode is already being used to verify entitlement to benefits in India, as a method of payment for parking at 485,000 car park pay points across the UK, and to reduce fraud in the gaming industry.