Skip to main content

Terranet reaches strategic milestone – achieves autonomous braking

A key target for the third quarter was to achieve fully automated braking based on a brake request from BlincVision. Recent tests at the certified AstaZero track demonstrated that BlincVision successfully initiated braking with a large margin, marking a significant advancement for the company.

At AstaZero, the advanced driver assistance system has been tested at various driving speeds and in several Euro NCAP scenarios to evaluate its performance. To further increase the complexity of the traffic environment, Terranet has created modified versions of these scenarios. In one scenario (CPNCO-50), a child walks out from the right side behind a parked car. In the modified version, an additional car was placed behind the child. For existing ADAS solutions on the market, the child often blends into the background of the car, but the BlincVision system was able to identify the child and brake in time. At the same time, large amounts of data have been collected to improve the system’s AI-developed model. This data collection is a key component for the continued development and fine-tuning of the system to better handle a wide variety of traffic conditions. The results show the potential for further optimization and refinement of the system.

In previous tests, the system only sent a brake request, with the actual braking being theoretical and based on calculations of a potential collision. Now, for the first time, the entire process has been verified: from object detection and classification, to calculating collision risk, making a decision, and finally initiating emergency braking to bring the vehicle to a stop.

“The fact that BlincVision is now functioning as a stand-alone ADAS system is a crucial milestone in our development process. The system’s growing maturity makes it easier to integrate into other vehicles, further strengthening our ongoing collaboration within the MobilityXlab accelerator program. Our goal to secure agreements with partners in the fourth quarter remains intact,” says Pierre Ekwall, CTO at Terranet.

Link: Video clip from AstaZero

For more information, please contact:        
Magnus Andersson, CEO        
E-mail: magnus.andersson@terranet.se

About Terranet AB (publ)
Terranet’s goal is to save lives in urban traffic. The company develops innovative technical solutions for Advanced Driver Assistance Systems (ADAS) and Autonomous Vehicles (AV). Terranet’s anti-collision system BlincVision laser scans and detects road objects up to ten times faster than any other ADAS technology available today.

The company is headquartered in Lund, with offices in Gothenburg and Stuttgart. Since 2017, Terranet has been listed on Nasdaq First North Premier Growth Market (Nasdaq: TERRNT-B). Follow our journey at: www.terranet.se

Attachment

Disclaimer & Cookie Notice

Welcome to GOLDEA services for Professionals

Before you continue, please confirm the following:

Professional advisers only

I am a professional adviser and would like to visit the GOLDEA CAPITAL for Professionals website.

Important Notice for Investors:

The services and products offered by Goldalea Capital Ltd. are intended exclusively for professional market participants as defined by applicable laws and regulations. This typically includes institutional investors, qualified investors, and high-net-worth individuals who have sufficient knowledge, experience, resources, and independence to assess the risks of trading on their own.

No Investment Advice:

The information, analyses, and market data provided are for general information purposes only and do not constitute individual investment advice. They should not be construed as a basis for investment decisions and do not take into account the specific investment objectives, financial situation, or individual needs of any recipient.

High Risks:

Trading in financial instruments is associated with significant risks and may result in the complete loss of the invested capital. Goldalea Capital Ltd. accepts no liability for losses incurred as a result of the use of the information provided or the execution of transactions.

Sole Responsibility:

The decision to invest or not to invest is solely the responsibility of the investor. Investors should obtain comprehensive information about the risks involved before making any investment decision and, if necessary, seek independent advice.

No Guarantees:

Goldalea Capital Ltd. makes no warranties or representations as to the accuracy, completeness, or timeliness of the information provided. Markets are subject to constant change, and past performance is not a reliable indicator of future results.

Regional Restrictions:

The services offered by Goldalea Capital Ltd. may not be available to all persons or in all countries. It is the responsibility of the investor to ensure that they are authorized to use the services offered.

Please note: This disclaimer is for general information purposes only and does not replace individual legal or tax advice.