Success for Terranet - tests conducted at AstaZero's test track validate BlincVision's potential
18 April 2024 - 1:00PM
UK Regulatory
Success for Terranet - tests conducted at AstaZero's test track
validate BlincVision's potential
Terranet AB (publ) has conducted tests in AstaZero's
test environment and obtained positive outcomes for the company.
The results demonstrate significant potential for the company's
Advanced Driver Assistance System, BlincVision. The tests have been
conducted at a Euro NCAP-approved test facility, meaning that these
results directly contribute to Euro NCAP's ADAS rating methods for
2026.
In the fall of 2023, Terranet was granted funding from the
innovation agency Vinnova. The funding entailed collaborating with
AstaZero to develop new testing methods for Advanced Driver
Assistance Systems (ADAS), which have now been successfully
implemented.
These testing methods pave the way for significant improvements
in traffic safety and for what todays and future driver assistance
systems can achieve. AstaZero is a well-known test environment
approved by Euro NCAP, entirely independent and created to evaluate
the safety of future traffic, particularly for automated driving
and connected vehicles. What makes AstaZero unique is its various
traffic environments, enabling testing of advanced safety systems
and their functions under a range of traffic and road conditions.
The project has focused on different scenarios, such as obscured
visibility of pedestrians and cyclists.
"The tests at AstaZero's test track have confirmed the
performance and limitations of current driver assistance systems in
more realistic conditions. We see that our BlincVision system will
add significant value to the market. There are great opportunities
to enhance traffic safety through faster and more precise driver
assistance systems. We are very positive that the methods and
results are being considered by Euro NCAP," says Magnus Andersson,
CEO of Terranet.
Statistics show that in 70% of accidents involving pedestrians,
advanced driver assistance systems are already installed in cars.
Despite this widespread use of driver assistance systems, many
accidents still occur on the roads, particularly involving
unprotected road users.
For more information, please contact:
Magnus Andersson CEO
Email: magnus.andersson@terranet.se
*Euro NCAP (European New Car Assessment Programme) is a
traffic safety collaboration between several European countries,
including Sweden, car manufacturers, and voluntary organizations.
Euro NCAP has created the five-star safety rating system to help
consumers and companies compare vehicles more easily and help them
identify the safest choice for their needs.
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 and patented vision technology,
Terranet’s anti-collision system BlincVision scans and detects road
objects multiple 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
Certified Adviser to Terranet is Mangold Fondkommission AB,
08-503 015 50, ca@mangold.se.
- Pressrelease Terranet AstaZero 240418 ENG
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