News Summary

Tern AI, an Austin-based startup, has developed a low-cost GPS alternative that relies on vehicle sensor data and map information rather than satellite positioning. The technology is designed to provide precise location data without the need for expensive additional sensors, making it highly scalable and suitable for integration into vehicles from model years 2009 and up. Tern AI’s system can localize vehicles in challenging environments such as parking garages and tunnels, where traditional GPS often struggles. The startup recently demonstrated its technology at SXSW, highlighting its potential commercial applications for ride-hailing and delivery companies, as well as its implications for national security by reducing reliance on easily spoofed GPS signals. Tern AI emerged from stealth in February 2024 and has already secured a $4.4 million seed round. The company is exploring opportunities with the U.S. government and has been awarded a contract by the Department of Transportation. Co-founder Brett Harrison emphasized the importance of getting this technology into the market to address current limitations of GPS-based systems.