Terranet Signs Agreement with a Vehicle Manufacturer in the Mining Industry

Terranet, a Swedish company specializing in advanced driver assistance systems (ADAS) and autonomous vehicles (AV), has recently signed a Memorandum of Understanding (MoU) with a vehicle manufacturer in the mining industry. This strategic partnership aims to further develop and evaluate Terranet's driver assistance system, BlincVision, in the challenging and demanding environment of mining operations. The non-exclusive agreement allows both parties to contribute their own resources to carry out the project, with the collaboration set to begin in early 2025 and involve testing at one or more mining sites during the second half of the same year.

The collaboration between Terranet and the mining vehicle manufacturer is a significant step in demonstrating BlincVision's value beyond the traditional automotive sector. By integrating BlincVision into mining vehicles, Terranet gains access to real-world testing environments that mimic the harsh and unpredictable terrains found in mining operations. This collaboration allows Terranet to evaluate BlincVision's capabilities in extreme conditions, enabling the system to better detect and classify objects, calculate collision risk, and initiate emergency braking when necessary. The partnership also provides Terranet with valuable feedback from the mining industry, helping to improve BlincVision's performance and adapt it to the specific needs of mining vehicles.



Terranet's partnership with a vehicle manufacturer in the mining industry is a crucial step towards refining and optimizing BlincVision's performance in challenging and hazardous mining conditions. By integrating BlincVision into mining vehicles, Terranet gains access to real-world testing environments that mimic the harsh and unpredictable terrains found in mining operations. This collaboration allows Terranet to evaluate BlincVision's capabilities in extreme conditions, enabling the system to better detect and classify objects, calculate collision risk, and initiate emergency braking when necessary. The partnership also provides Terranet with valuable feedback from the mining industry, helping to improve BlincVision's performance and adapt it to the specific needs of mining vehicles.

In conclusion, Terranet's collaboration with a vehicle manufacturer in the mining industry is an important milestone in showing that BlincVision can add value beyond the traditional automotive sector. This partnership enables Terranet to showcase its technology's adaptability and resilience in harsh mining environments, ultimately saving lives and reducing accidents in these high-risk environments.