Terranet provides update from CES, the world’s largest tech event. The importance of Blincvision is highlighted.
17 Janvier 2024 - 10:23AM
Terranet provides update from CES, the world’s largest tech event.
The importance of Blincvision is highlighted.
Terranet sees an increased interest from the
automotive industry after fruitful meetings with potential partners
and suppliers at CES Las Vegas 2024. The increased demand for
faster and accurate solutions from the industry, strengthens
Terranet's position in partner dialogues.
Between January 9-12th 2024, Terranet attended CES, the world’s
largest tech event which gathers major players within the
automotive safety industry each year.The event showcases next
generation innovations that aims to push road safety forward. With
all the leading Tier-1 suppliers and car manufacturers (OEM:s)
attending, CES was the ideal place for Terranet to forge new
relationships and deepen already ongoing partner
dialogues.Magnus Andersson, CEO comments:“The CES
fair has never been as intense and relevant for Terranet as it was
this year. I am pleased that we once again have received
confirmation of how great the interest and need is for BlincVision
from the industry. In around 70% of all emergency breaking
scenarios involving pedestrians, vehicle accidents still occur
despite having an existing ADAS system installed. BlincVision is a
great opportunity for the entire industry to take a big leap
forward in safety. This not only speaks for the commercial
potential but also for how important our mission as a company
is.With the upcoming prototype test in a car during the second
quarter this year, it is expected that we now see increased
activity among industry players and in all the ongoing dialogues we
have with potential partners. In light of this, the company will
during the year intensify the commercial efforts around
Blincvision, which includes partner dialogues and business
development.I look forward to the remainder of 2024 with great
confidence!”
For more information see the LinkedIn post where our CEO and our
CTO highlights their findings on trends at CES:
https://www.linkedin.com/posts/terranet-ab_ces2024-adas-roadsafety-activity-7153308665104478208-vpur?utm_source=share&utm_medium=member_desktop
For more information, please contact:Magnus
Andersson CEO Email: magnus.andersson@terranet.se
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, 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.
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