Terranet in collaboration with leading vehicle manufacturers and major suppliers for improved traffic safety
May 29 2024 - 2:30AM
UK Regulatory
Terranet in collaboration with leading vehicle manufacturers and
major suppliers for improved traffic safety
AstaZero*, in collaboration with several partners,
including Terranet AB and Trafikverket, is launching a new project
aimed at significantly improving traffic safety for automated
vehicles. The project will run from May 2024 to May 2025 and is
funded by Vinnova, Sweden's innovation agency.
FFI, Strategic Vehicle Research and Innovation, is a
collaboration program between the government and the automotive
industry. The purpose of the project "Verification Methods for
Robust Driver Assist System Performance" is to develop both
physical and virtual verification methods to effectively evaluate
and improve the performance of Advanced Driver Assistance Systems
(ADAS). By addressing more accident scenarios and ensuring that
safety features are robust in real life situations, the goal is to
reduce the number of seriously injured and killed in traffic.
The background to the project is that although current systems
have reduced the number of serious accidents, there are still
significant performance limitations. Euro NCAP** has identified
these limitations in its Vision 2030 and will include the first
robust verification methods in its ratings from 2026 onwards. The
project will support Euro NCAP's development and have a specific
focus on vulnerable road users. More information about Terranet's
role in the project will be published later.
For more information, please
contact:
Magnus Andersson,
CEO
E-mail: magnus.andersson@terranet.se
* AstaZero, owned by RISE (Research Institutes of Sweden), is a
test facility for traffic safety and automated vehicles. The
facility offers research and development opportunities for safety
systems and autonomous vehicle solutions.
** NCAP (European New Car Assessment Programme) is a
collaboration between European countries, car manufacturers, and
voluntary organizations. They have created a five-star safety
rating system to help consumers and businesses choose safer
vehicles.
About Terranet AB (publ)
Terranet is on a mission to save lives in urban traffic. We
develop breakthrough tech solutions for Advanced Driver Assistance
Systems (ADAS) and Autonomous Vehicles (AV) that protect vulnerable
road users. With a unique patented vision technology, Terranet’s
anti-collision system BlincVision laser scans and detects road
objects up to ten times faster and with higher accuracy than any
other ADAS technology available today.
Terranet is based in Lund and Gothenburg, Sweden, and in the
heart of the European automotive industry in Stuttgart, Germany.
The company is listed on Nasdaq First North Premier Growth Market
since 2017 (Nasdaq: TERRNT-B). Follow our journey at
www.terranet.se
- PM Terranet Vinnova 240529 ENG
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