Terranet to Present First Serious Lidar Alternative at CES
January 03 2020 - 5:36PM
Business Wire
At next week’s International CES 2020, Terranet will demonstrate
VoxelFlow - a 3D motion perception technology capable of detecting
and classifying objects far more accurately and exponentially
faster than Lidar. Terranet’s demo is timely considering Tesla CEO
Elon Musk shocked the press just last April with his remarks:
“Lidar is a fool’s errand. Anyone relying on Lidar is doomed.
Doomed!” In a bold move, Swedish-headquartered Terranet plans on
backing up Musk’s claims that Lidar is merely a dangerous shortcut
to image recognition – a perilous reliance if that’s what the
promised fully autonomous cars of the future will continue to
use.
Invented by Dirk Smits, VoxelFlow was built upon the
understanding that today’s camera-based computer vision and
artificial intelligence navigation systems are simply too slow and
subject to fundamental speed limits of perception using a frame
based approach. Lidar has limited resolution and slow scanning
rates, making it nearly impossible to distinguish between, for
example, a fixed lamppost and a running child.
The underlying problem with Lidar or any existing
camera/computer vision technology is that it cannot detect
vulnerable road users with low latency. VoxelFlow on the other hand
classifies dynamic moving objects at extremely low latency using
very low computational power, producing 10 million 3D points per
second, resulting in rapid edge detection without motion blur. The
iPhone’s ‘selfie’ camera pales in comparison, producing a mere
33,000 light points per frame. Put into context, standard vehicles
today and even those with autonomous driving roadmaps in place
don’t use cameras much stronger than that of the iPhone’s selfie
camera.
VoxelFlow’s capabilities are especially relevant considering
harrowing statistics indicating that 80% of all crashes and 65% of
all near-crashes involve driver inattention within the last 3
seconds of the crash. By providing life-saving decision making in
milliseconds versus seconds, Terranet envisions transforming the
pre-crash inattention that today accounts for roughly 1.35M road
accident deaths into a forgotten collision-free swerve on the
road.
“Terranet succeeding in proving VoxelFlow as a serious and
necessary contender to Lidar is just the kind of shake-up the oft
self-congratulatory autonomous driving community needs to kick
start the new decade and save lives,” says Terranet CEO, Pär-Olof
Johannesson.
To schedule a viewing of the VoxelFlow demo during CES, please
contact Christina Bj�rnstr�m at +1-818-672-6954 or contact Lena
Hägvall via email lena.hagvall@terranet.se www.terranet.se
https://vimeo.com/377730923
ABOUT TERRANET
Terranet design radio and vision based ADAS software platforms
for collision avoidance. Terranet is headquartered in Lund, Sweden,
with offices in Stuttgart and California. Terranet Holding AB
(publ) is listed on Nasdaq First North Premier.
www.terranet.se
Appointed Certified Adviser to Terranet Holding AB (publ) is
FNCA Sweden AB, +46(0)8-528 00 399, info@fnca.se.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20200103005392/en/
Terranet Christina Bj�rnstr�m, +1-818-672-6954
Lena Hägvall lena.hagvall@terranet.se
Telenav (NASDAQ:TNAV)
Historical Stock Chart
From Aug 2024 to Sep 2024
Telenav (NASDAQ:TNAV)
Historical Stock Chart
From Sep 2023 to Sep 2024