The American start-up TERN attracted $7,5 million as part of the extended Seed Extension round, to accelerate the deployment of its Independently Derived Positioning System technology (IDPS) — a navigation solution based on artificial intelligence, which does not require satellite signals. Investors include Scout VC, Vanderbilt Endowment, Shadow Capital, Bravo Victor VC and others.
Funding is aimed at scaling the platform, oriented as commercial transport, as well as for defense applications. The company also participates in the U.S. Army xTechOverwatch, which highlights the demand for durable dual-purpose positioning systems.
IDPS is a software platform, which analyzes data from maps and vehicle sensors in real time, determining exact location without using GNSS. The technology has already been tested by the US Department of Transportation and several automakers and delivery services. During the tests, the system worked successfully in tunnels, rural areas and difficult routes, where GPS is often unavailable or obstructed.
The platform is designed for integration at the OEM level and does not require additional sensors, camera, LiDAR or external infrastructure. It increases navigation accuracy, supports ADAS systems (driver assistance systems) and eliminates dependence on GPS as the only source of coordinates, which is especially important for autonomous transport.
Thanks to the raised financing, TERN plans to expand the use of its technology in the production of new-generation cars, optimization of fleet logistics, as well as government and military programs, which increase the stability of navigation systems in case of failure or jamming of satellite signals.
TERN technology reflects a broader trend in the field of mobility — the creation of autonomous navigation systems, resistant to loss of satellite communication, which can ensure continuous positioning even in the most difficult conditions.
Source: https://www.spacedaily.com