Accelerator program MobilityXlab has started – Terranet deepens partnership

As previously communicated, Terranet has been selected to participate in the prestigious MobilityXlab accelerator program, which involves several leading companies in the automotive industry. The kickoff meeting took place recently and the program has now started. This gives Terranet a unique opportunity to develop and validate the advanced driver assistance system BlincVision, paving the way to bring the product to the market.

Since its launch in 2017, around 1,100 startups from over 50 countries have signed up for the MobilityXlab collaboration platform. Partners connected to MobilityXlab include Magna Electronics, Volvo Group, Polestar, Zenseact and Zeekr Technology Europe. The program has resulted in over 100 Proof of Concept (PoC) projects, where startups have the opportunity to demonstrate that their solution works in practice and meets the needs of industry partners. Of these PoCs, over 20 have resulted in commercial partnerships. Commercial acceleration means that after a startup has proven the potential of its solution through a PoC, it takes the next step and enters into a partnership or contract with one or more MobilityXlab partners. This opens up opportunities for further development, collaborations and potential market entry.