Terranet in partnership with additional leading global players in the automotive industry
22 August 2024 - 4:30PM
UK Regulatory
Terranet in partnership with additional leading global players in
the automotive industry
As previously communicated, Terranet has been
participating in the VERDAS project since May, which is funded by
Vinnova, Sweden's innovation agency. Now have all the partners in
the project been officially announced. AstaZero* is leading the
project, and the partners include Volvo Car Corporation, Toyota,
Zenseact, Aptiv, Trafikverket, Folksam,
IfInsurance, Viscando, and Terranet.
"The project involves several leading players in the automotive
industry. This gives us a unique opportunity to collaborate and
demonstrate that BlincVision is a game changer in traffic safety,"
says Magnus Andersson, CEO of Terranet.
Strategic Vehicle Research and Innovation, is a collaboration
program between the government and the automotive industry. The
project VERDAS (Verification Methods for Robust Driver Assist
System Performance) aims to develop physical and virtual
verification methods to improve the performance of driver
assistance systems (ADAS). The objective is to cover more accident
scenarios and make the systems more robust in real-world situations
to reduce serious injuries and fatalities on the roads.
VERDAS supports Euro NCAP's ** development of verification
methods for robust driver assistance systems, with a specific focus
on accident scenarios involving vulnerable road users.
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.
** Euro 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'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
- PM Terranet VERDAS 240822 ENG
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