SparkCognition to Partner with Koenigsegg's Freevalve to Create Intelligent Combustion Engine

AUSTIN, Texas, March 3, 2020 /PRNewswire/ -- SparkCognition, a leading artificial intelligence (AI) company, and Freevalve AB, a leading technology company in Sweden, announced a partnership to leverage artificial intelligence to transform combustion engines to become the most sustainable propulsion choice when running on CO2-neutral fuels. This revolutionary technology will be at the core of the Koenigsegg Gemera's Tiny Friendly Giant (TFG) engine, set to go into production in early 2022.

"Freevalve is one of the most exciting technology companies I have been involved with and SparkCognition's AI solutions bring its capabilities to the next level. With Freevalve and SparkCognition's technology, the combustion engine has never seen a brighter future," said Christian von Koenigsegg, CEO of Freevalve and Koenigsegg.

With its inventive technology, Freevalve has reimagined the combustion engine. Its independent and flexible control of the engine's intake and exhaust flows provides a unique possibility to operate the engine on 0 - 100 % renewable fossil-free fuels. This offers a low CO2-footprint and substantially higher energy efficiency and lower emissions. SparkCognition brings its vast experience of applying AI to a variety of rotating equipment, generators, compressors, and other industrial assets to enhance Freevalve's capabilities.

"We are excited to partner with Freevalve to infuse intelligence using our AI expertise into the advanced Freevalve technology that transforms combustion engines. We look forward to helping further transform the Koenigsegg TFG into a game changing smart engine and bringing our combined vision around technology and sustainability to life," said Sridhar Sudarsan, Chief Technology Officer at SparkCognition.

Freevalve and SparkCognition's combined technology can be implemented in various automotive engine variations, including passenger cars, trucks, and buses as well as marine and aerospace applications.

About SparkCognition
SparkCognition builds artificial intelligence systems to advance the most important interests of society. Our customers trust SparkCognition to help them analyze complex data, empower decision-making, and transform human and industrial productivity. Learn more about SparkCognition's AI applications and why we've been featured in CNBC's 2017 Disruptor 50, and recognized three years in a row on CB Insights AI 100, by visiting www.sparkcognition.com.

For Media Inquiries:
Cara Schwartzkopf
SparkCognition
cschwartzkopf@sparkcognition.com
512-956-5491

About Freevalve AB
Freevalve AB is a Swedish technology company that develops state-of-the-art, next-generation components and solutions for internal combustion engines. Freevalve began development of its technology in 2000 and its latest actuator technology represents over a decade of testing and development, both in the laboratory and on test vehicles driven in real-world conditions.

For more information visit our website: www.freevalve.com

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SOURCE SparkCognition