The BRAKE Report
  • Home
  • News
    • Automotive
    • Commercial Vehicle
    • Motorcycle/ATV
    • Motorsports
    • Rail
    • Other
  • Interviews
    • Coffee Brake
    • Leadership Spotlight
  • Technical Articles
  • Test Drives
  • Brake Careers
  • Sponsors
  • Subscribe
Saturday, April 10
  • About
  • Contact
  • Sponsorship Guide
Facebook Twitter Instagram YouTube LinkedIn
The BRAKE Report
  • Home
  • News
    • Automotive
    • Commercial Vehicle
    • Motorcycle/ATV
    • Motorsports
    • Rail
    • Other
  • Interviews
    • Coffee Brake
    • Leadership Spotlight
  • Technical Articles
  • Test Drives
  • Brake Careers
  • Sponsors
  • Subscribe
The BRAKE Report
Home » Automotive » PreAct Technologies Raises $1.6 Million to Fuel Auto Safety
Automotive

PreAct Technologies Raises $1.6 Million to Fuel Auto Safety

The Brake ReportBy The Brake ReportDecember 4, 2020No Comments3 Mins Read
PreAct Technologies
  • LinkedIn
  • Twitter
  • Facebook
  • Print

Source: Sony Innovation Fund announcement

PORTLAND, Ore. — PreAct Technologies, a leader in the next generation of automotive safety,  has raised $1.6 million in funding led by Alpha Bridge, joined by elev8.vc and Sony Innovation Fund. The company will use the funds to accelerate market penetration of its precrash sensing and response system that is designed to enable a dramatic reduction in injuries due to traffic accidents in the near term.

Every year, 1.5 million people die and 50 million more are injured in car accidents. Yet, despite significant investments in automotive Advanced Driver-Assistance Systems (ADAS) to avoid collisions, the number of crashes still increases inexorably every year. This not only creates significant human suffering but costs the U.S. economy more than $800 million or 4 percent of GDP annually.

“Car accidents continue to be an everyday fact of life, along with the injuries and deaths that go with them,” said Paul Drysch, CEO and co-founder of PreAct Technologies. “At PreAct, we have built advanced technology that can prevent injuries and fatalities from car crashes by detecting them before they happen and taking action in the milliseconds between a predicted car crash and when it occurs. This technology was originally developed in the defense world where it was used to protect military vehicles from approaching missiles; proving its reliability for operating with objects moving at highway speeds.”

Related post:
ZF Starts Production of LiDAR Sensors

PreAct was established in 2018 with the sole goal of dramatically reducing automotive accidents and fatalities. It uses precision, near-field sensors operating at extremely high speed to sense a vehicle’s immediate surroundings and track all objects in real-time.

The unique sensors used by PreAct are also ideal for slower ADAS functions such as self-parking, curb detection, and pedestrian warning. This allows automotive original equipment manufacturers (OEMs) to multitask their sensor suite to address both ADAS and precrash for an outstanding combined package.

Through a reliable and high-speed system using near-field optics computing, the company’s safety technology can determine when and where a car collision is going to occur. With this forewarning, it rapidly engages robust countermeasures to protect vehicle occupants. This includes cutting-edge capabilities that allow the vehicle itself to adjust its suspension and internal cab features such as adjusting the seating position to better prepare for impact.

External airbags can also be released to cushion the blow and protect vehicle occupants from lethal side impacts, and larger airbags can be deployed that inflate at slower speeds, which protects passengers on all sides.

The entire announcement can be viewed by clicking HERE.

The Brake Report
The Brake Report
  • Website
  • Facebook
  • Twitter
  • Instagram
  • LinkedIn

The BRAKE Report is an online media platform dedicated to the automotive and commercial vehicle brake segments. Our mission is to provide the global brake community with the latest news & headlines from around the industry.

Related Posts

BBB Industries was recently named a 2021 Supplier of the Year by APA

APA Names BBB a 2021 Supplier of the Year

April 9, 2021
Andy Mayfield named chief commercial officer by IBI

IBI Names Andy Mayfield Chief Commercial Officer

April 9, 2021
Brake Engineering is celebrating 40 years of remanufacturing in conjunction with Global Reman Day

Brake Engineering Celebrates 40 Years

April 9, 2021
Industry Partners
Official Media Partner of
About

The BRAKE Report is an online media platform dedicated to the automotive and commercial vehicle brake segments. Our mission is to provide the global brake community with the latest coverage of news & insights from around the industry.

Latest News
Bremskerl recently filed registration with the U.S. Patent and Trademark Office for the company’s “Color Green as applied to the surface of brake pads for vehicles”

Bremskerl Registers “Color Green” Related to Pads

April 9, 2021
BBB Industries was recently named a 2021 Supplier of the Year by APA

APA Names BBB a 2021 Supplier of the Year

April 9, 2021
Translate:

Type above and press Enter to search. Press Esc to cancel.