We are so excited to announce that Standard has acquired Explorer.ai, a mapping and computer vision start-up founded by Akshay Goel, Tushar Dadlani and Nagasrikanth Kallakuri. As part of the acquisition, Standard brings on a team of experienced AI engineers and mapping technology to accelerate the rollout of our autonomous checkout solution.
Explorer.ai’s technology was initially developed for autonomous vehicles. This same technology is used for in-store mapping, significantly compressing a process that used to take hours down to just minutes. The new technology helps Standard map larger stores, allowing us to expand into additional retail verticals rapidly.