TerraNet in strategic collaboration with Lund Institute of Technology within vehicle-to-vehicle Communication (V2V)
TerraNet has, as of today, entered into a long-term technology development collaboration with Lund Institute of Technology (“LTH”) within vehicle-to-vehicle communication (V2V). As part of the collaborate effort TerraNet will be financing a Ph.D. candidate at LTH for the completion of his doctoral thesis in the field of active safety for sensor based communication between vehicles.
The collaboration is a function of a closer experience and knowledge transfer at a system technology level. The Ph.D. candidate will be located at TerraNet, and will combine its scientific research with product and software development being an integral part of the company's innovation team so as to boost TerraNet’s intellectual property rights.
"This collaboration enables us to calibrate our innovation with the edge of the scientific frontier.” says Pär-Olof Johannesson, CEO, TerraNet.
"This is an important partnership for us. We see that our research and expertise along with TerraNet’s experience and unique technology can leverage new innovations within positioning and V2V communication." says Professor Fredrik Tufvesson at LTH.
"Above all, this collaboration is an advantage in the standardization work within offline-based WiFi higher up in the gigahertz band. Not at least when it comes to the company's position in the ecosystem and the coexistence between LTE and 5G. I see this cooperation being fully in line with our long-term platform strategy. " says Ola Samuelsson, Head of Engineering at TerraNet
Press and IR contact:
Pär-Olof Johannesson, CEO
investorrelations@terranet.se
+ 46 70 742 50 18
ABOUT TERRANET
TerraNet delivers a unique patented software technology that enables intelligent machine-to-machine communication and streaming of data, including broadband demanding HD media, regardless of any mobile network or other hot spot-dependent networks. TerraNet is headquartered in Lund, Sweden with established sales and marketing agents in San Jose, Silicon Valley, Hyderabad, India, and Taipei, Taiwan.
Visit: www.terranet.se
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