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Terranet Licenses 3D Motion Perception Patents to Pursue Opportunities in Autonomous Self Driving Vehicles & Delivery Automation

Lund, Sweden- Terranet, a leading provider of positioning and communications software for autonomous driving vehicles, today licensed 3D Motion Perception (Computer Vision) patents from Gerard “Dirk” Smits.  Together with Dirk as an independent consultant, Terranet will jointly promote this technology in order to secure key customer design-win projects in the autonomous vehicle and delivery automation space.

The market potential and growth in technologies for autonomous vehicles and delivery automation was estimated to be at 54.9 billion SEK for year end 2018 with a projected CAGR of 31.

Source: Terranet Licenses 3D Motion Perception Patents to Pursue Opportunities in Autonomous Self Driving Vehicles & Delivery Automation

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