Terranet's Technology Development Progress Report
Terranet's Technology Development Progress Report
In recent communications, Terranet has informed stakeholders about its forward momentum in technical advancements during the second quarter. The company has initiated an initial system integration in a vehicle, leading to an expanded testing phase that will be reported back to the market. The analyses confirm that the ongoing development of the technology adheres to planned milestones.
Key Technical Advancements
The second quarter has shown significant progress, particularly with the integration of Terranet’s system into the vehicle’s communication platform. Additional achievements include evaluating the optimal placement of hardware components, improvements in the AI model, and enhancements in motion compensation techniques.
Extended Tests and Integration
To verify the advancements made in recent months, extensive tests were carried out during the summer. A noteworthy achievement is the successful integration of BlincVision with the NVIDIA Orin computer platform. This integration is a significant milestone for clients in the automotive sector, indicating that Terranet is on a path to improving system performance through further optimizations.
Innovative Sensor Placement
Testing has involved exploring different placements for event cameras. By shifting from roof-mounted cameras to positioning them behind the windshield, Terranet aims to enhance weather protection while simplifying vehicle integration. Although this adjustment has not diminished detection capabilities, the quality of the glass remains a critical factor. For optimal sensor performance, modifications in the area in front of the sensor will be essential to improve the passthrough of the laser’s infrared wavelength, a known adjustment typically made in collaboration with vehicle manufacturers.
Importance of Motion Compensation
The initial integration marked the transition of the system to dynamic testing environments, a crucial step for Advanced Driver Assistance Systems (ADAS) applications. Motion compensation plays a vital role in enabling sensors and cameras to accurately interpret surroundings despite vehicle movements. Testing was conducted at various speeds, adhering to the EuroNCAP scenarios which simulate a person crossing a lane or emerging from obscured areas.
Data Collection for Optimization
The unique combination of event cameras and AI models requires substantial data collection from varied traffic environments and scenarios. This extensive collection is critical for refining the system to tackle diverse traffic conditions. Observations from tests suggest that the model can be fine-tuned further through rigorous training across different scenarios involving multiple objects.
Future Evaluations and Software Optimizations
Terranet is committed to ongoing evaluations in both lab settings and field tests to ensure optimal performance irrespective of environmental conditions. According to Pierre Ekwall, CTO at Terranet, "The result analysis confirms that the development process is on track and shows significant progress. With the commencement of the MobilityXlab accelerator program, we find ourselves in a unique position to conduct Proof of Concept projects alongside automotive partners. This collaboration will not only validate our technology but also enhance its commercial viability. In the coming months, additional software optimizations and the creation of complex traffic scenarios for system evaluation will be prioritized. The next benchmark is the execution of fully automated braking initiated by BlincVision, marking a pivotal point in our development trajectory."
Contact Information
For further inquiries or information, please reach out to:
Magnus Andersson, CEO
E-mail: magnus.andersson@terranet.se
About Terranet AB
Terranet’s mission is to enhance urban traffic safety through innovative technical solutions tailored for Advanced Driver Assistance Systems (ADAS) and Autonomous Vehicles (AV). Their groundbreaking anti-collision system, BlincVision, boasts capabilities to laser scan and detect road objects up to ten times faster than existing ADAS technologies.
Terranet operates from its headquarters in Lund with additional offices in Gothenburg and Stuttgart. The company has been publicly traded since 2017 on the Nasdaq First North Premier Growth Market under the ticker symbol Stockholm:TERRNT B.
Frequently Asked Questions
What progress has Terranet made recently?
Terranet has confirmed that its technology development is on track, with significant integration steps taken during the second quarter.
What is BlincVision?
BlincVision is Terranet’s anti-collision system that utilizes advanced laser scanning to detect road objects efficiently.
How is Terranet testing its technology?
Testing is conducted in dynamic environments and involves extensive data collection to optimize the AI model and sensor integration.
What are the future goals for Terranet?
Terranet aims to execute fully automated braking and validate its technology through collaborative Proof of Concept projects.
Where can more information on Terranet be found?
More information is available on Terranet’s official website and through its contact details provided above.
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