Source of this article and featured image is TechCrunch. Description and key fact are generated by Codevision AI system.
Teradar, a Boston-based startup, has secured $150 million in Series B funding to develop a sensor that combines the strengths of radar and lidar. The sensor uses terahertz technology to offer high-resolution imaging while being unaffected by weather conditions. The company’s CEO, Matt Carey, has been demonstrating the technology at events like the Consumer Electronics Show to prove its effectiveness. His vision is to integrate these sensors into vehicles for advanced driver assistance and autonomous driving. The funding comes from major investors, including Lockheed Martin and a new defense-focused fund, highlighting the technology’s potential beyond automotive applications.
Key facts
- Teradar has raised $150 million in Series B funding from prominent investors such as Lockheed Martin and a new defense-focused fund.
- The company’s sensor uses terahertz technology to provide high-resolution imaging without being affected by weather conditions.
- Matt Carey, the CEO, has demonstrated the sensor at events like the Consumer Electronics Show to prove its effectiveness.
- Teradar aims to integrate its sensors into vehicles for advanced driver assistance and autonomous driving systems.
- The sensor is expected to be used in a 2028-model vehicle, with manufacturing support from three Tier 1 suppliers.
