TERN Raises $7.5 Million for Innovative Navigation Without Satellite Dependence

TERN's Vision for the Future of Navigation

TERN, a trailblazer in the field of navigation technology, has recently announced a successful close of a $7.5 million Seed Extension funding round. This accomplishment positions the company at the forefront of a pivotal shift in how we think about locating and navigating without relying on satellites. Notably, the funding was backed by prominent investors, including Scout VC, Vanderbilt Endowment, and Shadow Capital, who recognize TERN's potential to alter navigation in various industries.

The Challenge of GPS Dependency

In an era where Global Positioning System (GPS) reliability is increasingly under scrutiny, TERN aims to address the pressing need for resilient navigation solutions. Traditional systems are often vulnerable to interference, particularly in urban environments filled with obstacles that can disrupt satellite signals. Organizations across diverse sectors, including automotive, delivery, and defense, are now seeking robust alternatives that ensure continuous positioning capabilities.

A Revolutionary Solution: IDPS™

At the heart of TERN's innovation is the Independently Derived Positioning System (IDPS™), a patented technology that leverages artificial intelligence to interpret real-time data from maps and sensors. This intelligent system promises accurate vehicle positioning irrespective of external factors like satellite signals. TERN’s IDPS™ has demonstrated its capacity to function seamlessly in challenging environments—from densely populated urban areas to rugged terrains—without compromising precision.

Proven Effectiveness

The effectiveness of IDPS™ has been validated through rigorous testing by the U.S. Department of Transportation, along with live trials in collaboration with automotive original equipment manufacturers (OEMs) and delivery fleets. These tests have substantiated the system’s ability to navigate flawlessly when GPS is not available or reliable, providing a reliable solution for logistics and emergency services.

Brett Harrison, Co-Founder and President of TERN, highlights that as technology continues to integrate into every facet of life, the need for a dependable navigation system becomes ever more critical. According to Harrison, “We’re delivering an intelligent, software-only solution that works seamlessly even in tunnels, dense cities, remote terrain, and contested environments.”

Impact Across Industries

The implications of TERN’s advancement extend far beyond automotive sectors. The growing concerns for national security and emergency response highlight an urgent demand for alternatives that do not depend on vulnerable satellite infrastructure. TERN's technology is being recognized for its potential to serve multiple applications, making it a promising choice for companies looking to innovate safely and reliably.

Shaun Moore, Co-Founder and CEO of TERN, explains, “This round allows us to scale across industries, from automakers building the next generation of vehicles to delivery fleets reducing inefficiencies.” TERN’s commitment to innovation underscores its position as a key player in transforming navigation technology.

The Road Ahead

As TERN continues to progress, the company is setting new standards for how we approach positioning technology. Their strategic focus on advancing IDPS™ positions TERN as a leader in an industry that is becoming increasingly reliant on technology that prioritizes safety, efficiency, and independence from traditional GPS.

In summary, TERN's innovative AI-driven navigation system represents a pivotal shift in how positioning technology can operate free from satellite dependence. As they move forward, the investment from key players will propel TERN to new heights, enabling them to meet the needs of commercial and defense sectors alike in an era that demands resilience and reliability.

Interested parties can learn more about TERN’s IDPS™ and request a demonstration, setting the stage for a future where navigation technology can thrive independently of satellites.