Technology for safer roads

TerraNet designs and develops software for advanced driver-assisted systems (ADAS) and autonomous vehicle and self-driving fleets, trucks and buses. The technology enables communication between vehicles and other objects, such as mobile phones and connected buildings, with low latency and high-accuracy positioning.

Rights issue October 2019

The development of autonomous vehicles is one of the fastest growing markets of today, yet we are just in the beginning of the era of self-driving cars. TerraNet is well positioned to match the increasing demand for autonomous systems to support the automated-vehicle industry. To scale our development and business, the company is opening a rights issue in October 2019.

Details

A booming industry

Self-driving vehicles are predicted to reach an annual growth rate of 20% by 2030*. It is a paradigm shift resulting from today’s high number of traffic accidents, 94% of which are caused by human error. With an increase of autonomous vehicles, we will see a significant reduction of traffic accidents. TerraNet is well positioned in the ecosystem of this industrial revolution.

Agile development and Active Safety

The technology can be used in different settings, from automated vehicles to intelligent transportation systems in a variety of environments, including industrial mining. In parallel, TerraNet conducts research on new uses for the technology. One of these is collision warning systems for vulnerable road users. To meet increasing demands in the industry, we are continuously developing partnerships with industry leaders and component suppliers of active safety systems for car manufacturers.

The Technology

An autonomous vehicle is equipped with sensors to provide a 360° view. Several technologies are needed in the composition of a self-driving car, including radio positioning, radar, LIDAR, GPS, camera, ultrasound and more. TerraNet develops software for collision warning, and optimizing positioning mechanisms for simultaneous localization and navigation of connected and interconnected vehicles, with low latency and high accuracy.

Press

Today in Turin Italy, Terranet and Intel will jointly demonstrate a 4K streaming video application running over 5G networks utilizing Predictive Quality of Service (QoS) and Multi-Access Edge Computing (MEC).  The 5GAA In-Vehicle Entertainment (IVE) use case will be prominently...
Terranet has signed a cooperation agreement with Halmstad University, AstaZero and other major industrial partners for the development of functionality for collision warning in intersections. SafeSmart, as the project is called, is funded by the Knowledge Foundation. The collaboration aims...
Lund, Sweden- Terranet, a leading provider of positioning and communications software for autonomous driving vehicles, today licensed 3D Motion Perception (Computer Vision) patents from Gerard “Dirk” Smits.  Together with Dirk as an independent consultant, Terranet will jointly promote this technology...
Pressreleases

*Frost&Sullivan, ** National Highway Traffic Safety Administration

Terranet’s vision is less road deaths and debilitating traffic accidents.