The Scandinavian Leaders in Driving Automation Software program additionally Pronounces Rebrand, Making certain Security on Future Roadways.
Lund, Sweden, February 9, 2021 – Terranet AB (Terranet/the Firm), (Nasdaq: TERRNT-B.ST), builders of superior driver-assist techniques and the creators of breakthrough 3D movement consciousness know-how VoxelFlow™, introduced in the present day that it’d be taking part in STARTUP AUTOBAHN the place it should spotlight latest developments to its premier VoxelFlow™ know-how. Terranet can also be saying in the present day that it has accomplished its rebrand, solidifying its dedication to making sure security throughout Autonomous Autos (AV) and Superior Driver Help Methods (ADAS), securing its place in Scandinavia’s wealthy historical past of bringing progressive security adjustments to the car {industry}.
STARTUP AUTOBAHN is an open innovation platform that gives an interface between progressive tech firms and industry-leading firms. On the digital occasion on February 25, 2021, Terranet will showcase VoxelFlow’s™ lightning-fast 3D know-how that scans the realm round AV and ADAS car at a radius of 40 meters with a response time of three milliseconds, a lot sooner than in the present day’s ADAS techniques which take 300 milliseconds. A breakout session will comply with Terranet’s VoxelFlow™ showcase, the place the Firm will have interaction straight with attendees fascinated with studying extra concerning the revolutionary know-how. STARTUP AUTOBAHN is powered by Plug and Play, and sponsored by Dalmer and the College of Stugart.
“Because the invention of the car, Scandinavia has been a pacesetter in making certain that they’re as protected as doable for the passenger,” stated Pär-Olof Johannesson, CEO of Terranet. “VoxelFlow’s™patented, triple digital camera and sensor system, which will likely be a vital a part of the techniques that make ADAS and AVs, is the following evolution in vehicle security, not solely protecting passengers protected, but additionally making certain the protection of all others sharing the roadways.”
Very similar to Volvo revolutionized the car {industry} by introducing the trendy seatbelt over sixty years in the past, Terranet plans to take the same street because it brings its revolutionary VoxelFlow™ know-how to market with a selected deal with passenger security. In the present day, over 94% of all accidents are brought on by human error, with a major quantity of these crashes occurring inside 30-40 meters. Terranet plans to handle these harrowing statistics with its VoxelFlow™ know-how that can have the power to categorise dynamic transferring objects in excessive decision with extraordinarily low latency utilizing very low computational energy, a key differentiator between the present digital camera, lidar and frame-based sensor techniques generally relied on within the Driving Automation {industry}.
To attend STARTUP AUTOBAHN, go to: https://expo9.pnptc.events/
About Terranet
Terranet develops software program for radio-based options and three-dimensional picture evaluation for superior driver-assistance techniques and autonomous autos (ADAS and AV). In-line with Scandinavia’s wealthy historical past of bringing progressive security measures to the car {industry}, Terranet is pioneering breakthrough security know-how for the ADAS and AV industries at its headquarters in Lund, Sweden and its growth websites in Kyiv, Ukraine; Stuttgart, Germany and Los Gatos, California. Terranet Holding AB (publ) is listed on the Nasdaq First North Premier Development Market (Nasdaq: TERRNT-B.ST).
About STARTUP AUTOBAHN powered by Plug and Play
STARTUP AUTOBAHN powered by Plug and Play is an open innovation platform that
supplies an interface between progressive tech firms and industry-leading
firms. The premise of this system is the partnership that develops between startups
and the company enterprise models. The 2 entities maintain an equal footing from the get-go:
collectively they consider the potential for a three way partnership, transfer ahead to pilot the
know-how, and work to attain the last word objective – a profitable production-ready
implementation. Designed with the intention to exceed startup acceleration, STARTUP
AUTOBAHN powered by Plug and Play moderates a neighborhood for collaboration with a
deal with implementable outcomes. https://expo9.pnptc.events
For extra info please contact:
Pär-Olof Johannesson, CEO
[email protected]
+46 70 332 32 62
Media contact:
Sam Aurilla
[email protected]
FischTank PR